In the books of Praveena textile Ltd

Journal Entries
for the month of January, 2015
Date
Particulars
2015
Jan 1st Cash A/c Dr.
To Capital A/c
(Being started business with cash)
Jan 2st

Yes Bank A/c Dr.

To Cash A/c
(Being cash deposited into bank)

Jan 3rd

House A/c dr.

To Cash A/c
(Being house purchased)

Jan 4th

Machinery A/c Dr.

To Mr.Raman A/c
(Being machinery purchased)

Jan 5th

Drawing a/c Dr.

To Cash A/c
(Being cash withdrawn for personal use)

Jan 6th

Cash A/c Dr.

To Yes bank A/c
(Being cash withdrawn for office use)

Jan 7th

cash a/c Dr.

To commission a/c
(Being commission received)

Jan 8th

cash A/c Dr.

To Yes bank A/c
(Being interest received from bank)

Jan 9th

Bad Debt A/c Dr.

To Debtor A/c
(Being bad debts written off)

Jan10th Cash A/c Dr.

To Bad debt recovered A/c
(Being bad debt recovered)

L/F

Jan11th Cash A/c Dr.

To Carriage A/c
(Being cash received)
Jan12th Depriciation A/c Dr.
To Fixed assets A/c
(Being depriciation of fixed assets)
Jan13th Debtors A/c Dr.
To Cash A/c
(Being carriage charges paid)
Jan14th Depreciation A/c Dr.
To Machinery A/c
(Being depreciation on fixed assets)
Jan15th Interest charged A/c Dr.
To Cash A/c
(being Interest charged on Capital)
Jan16th Interest charged A/c Dr.
To Cash A/c
(bein Interest charged on drawing)
Jan17th Loss by fire A/c Dr.
To Machinery A/c
(being machinery lost on fire)
Jan18th Insurance A/c Dr.
To Cash A/c
(Being Some lost machinery insured)

Jan19th Cash A/c Dr.

To Yes bank A/c
(Being Loan taken for expansion)

Jan20th Interest A/c Dr.

To Cash A/c
(being Interest Paid on loans)
Jan21th Investment A/c Dr.
To Cash A/c
(being Investment purchased)

Jan22th Loss by theft A/c Dr.

To Cash A/c
(Being Cash Stolen from office)
Jan23th Raman A/c Dr.
To Discount A/c
To Cash A/c
(being Cash paid to a Mr. Raman in full settlement)
Jan24th Cash A/c Dr.
Discount A/c Dr.
To Sita A/c
(being Cash received from Sita in full settlement)
Jan25th Expenses A/c Dr.
To Cash A/c
(being Expenses incurred in staff tea stall)
Jan26th Purchases A/c Dr.
To Mr.Raman and company A/c
(Being Purchase of fabric from Mr. Raman)
Jan27th computers A/c Dr.
To cash A/c
(Being computers purchased by cash )
Jan28th Employees A/c Dr.
To Cash A/c
(Being cash given to employess for medical purpose)
Jan29th Expense on Packing A/c Dr.
To Cash A/c
(Being expense paid on clothing)
Jan30th Cash A/c Dr.
To Sales A/c
(Being cash on sales made )
Jan31th Mr. Abhi A/c Dr.
To Sales A/c
(Being goods sold)
Feb 2nd Wages A/c Dr.
To cash A/c
(Being wages paid)

Feb 3rd Rent A/c Dr.

To cash A/c
(Being rent paid )
Feb 4th Gernator A/c Dr.
To cash A/c
(Being gernator purchased)
Feb 5th Cash A/c Dr.
To Mr. Abhi A/c
(Being cash received)
Feb 6th Mr. Rohan A/c Dr
To Cash A/c
(Being cash paid)
Feb 7th Travelling Expenses A/c Dr.
To Cash A/c
(Being Travelling expenses paid)
Feb 8th cash A/c Dr.
To Yes Bank A/c
(Being cash withdrawn)
Feb 9th Mahesh A/c Dr.
Discount A/c Dr.
To cash A/c
(Being clothes sold and discount given )
Feb10th Purchases A/c Dr.
To Discount A/c Dr.
To Cash A/c
(Being Purchase made and discount received)
Feb11th Machinery A/c Dr.
To cash A/c
To Bank A/c
(Being machinery purchased and half settlement)
Feb12th Cash A/c Dr.
To Interest A/c
(Being interest received)
Feb13th Telephone expense A/c Dr.
To Cash A/c
(Being Telephone expense paid)

Feb14th Electric bill expense A/c Dr.

To cash A/c
(Being electric expense paid)
Feb15th cash A/c Dr.
To Debtors A/c
(Being cash received from debtors)
Feb16th Manav textile A/c Dr.
To Cash A/c
(Being cash returned)
Feb17th stationary A/c Dr.
To cash A/c
(Being stationary purchased)
Feb18th Salary A/c Dr.
To cash A/C
(Being salary given )
Feb19th Charity A/c Dr.
To Cash A/c

Total

Entries
anuary, 2015
Debit Amt(Rs)

Credit Amt(Rs.)

5,000,000.00
5,000,000.00

40,000.00
40,000.00

200,000.00
200,000.00

90,000.00
90,000.00

80,000.00
80,000.00

20,000.00
20,000.00

15,000.00
15,000.00

5,100.00
5,100.00

2,000.00
2,000.00

600.00
600.00

7,000.00
7,000.00

71,000.00
71,000.00

12,000.00
12,000.00

9,000.00
9,000.00

500.00
500.00

9,000.00
9,000.00

20,000.00
20,000.00

1,500.00
1,500.00

500,000.00
500,000.00

20,000.00
20,000.00

12,000.00
12,000.00

50,000.00
50,000.00

4,000.00
50.00
3,950.00

1,470.00
30.00
1,500.00

500.00
500.00

50,000.00
50,000.00

50,000.00
50,000.00

4,000.00
4,000.00

10,000.00
10,000.00

20,000.00
20,000.00

2,000.00
2,000.00

50,000.00
50,000.00

4,000.00
4,000.00

71,000.00
71,000.00

2,000.00
2,000.00

70,000.00
70,000.00

34,000.00
34,000.00

9,000.00
9,000.00

25,000.00
5,000.00
30,000.00

10,000.00
2,000.00
8,000.00

30,000.00
15,000.00
15,000.00

1,000.00
1,000.00

1,000.00
1,000.00

900.00
900.00

1,000.00
1,000.00

5,000.00
5,000.00

5,000.00
5,000.00

90,000.00
90,000.00

1,500.00
1,500.00

6,722,100.00

6,722,100.00

Name
Pooja
Roll no
33
KIAMS, HARIHAR
Batch 2018

LEDGER A/Cs
CASH A/C
Dr.
Date

Particulars

To
To
To
To
To
To
To
To
To
To
To
To
1-Jan To

debtors A/c
interest A/c
yes bank A/c
Mr. Abhi A/c
sales A/c
Sita A/c
Yes bank A/c
carriage A/c
bad debt.recovred A/c
Bank A/c
commission A/c
yes bank A/c
Capital A/c

To balance B/d

J/F Amount(Rs.)

Date

1000
1000
9000
2000
20,000
1470
500000
7000
600
5100
15000
20,000
5,000,000

5582170
4630820

CAPITAL A/C
Dr.
Date

Particulars

Jan 31st To Balance c/d

J/F Amount(Rs.)

5,000,000
5,000,000

Date
Jan 1st

Feb 1st

Yes Bank A/C

Dr.
Date
Jan 1st

Particulars
To Cash A/c

Jan 31st To Balance c/d

J/F Amount(Rs.) Date

40,000 Jan 8th
Jan 9th
Jan 29th
Feb 8th
490500
530,500
Feb 1st

House A/c
Dr.
Date
Jan 1st

Particulars
To Cash A/c

J/F Amount(Rs.) Date

200000
Jan 31st
200000

Feb 1st

To Balance b/d

200000

MACHINERY A/C
Dr.
Date
Jan 2nd

Feb 1st

Particulars
To Mr. Raman A/c
To cash A/c
To bank A/c

To Balance b/d

J/F Amount(Rs.) Date

90,000 Jan 20th
15,000
15,000
Jan 31st
120,000
91000

Mr. Raman and company A/C

Dr.
Date

Particulars

J/F Amount(Rs.)

Date

Jan 3rd

To Cash A/c
To Cash A/c
To Discount A/c
by balance c/d

70000 Jan 2nd

3950
50
66000
140000

SALES A/C
Dr.
Date

Particulars

Jan 31st To Balance c/d

J/F Amount(Rs.)

Date
Jan 4th
Jan 4th

22,000
22,000
Feb 1st

Commission A/c
Dr.
Date
Jan 4th

Particulars
To balance c/d

J/F Amount(Rs.) Date

15000 Jan 6th
15,000

WAGES A/C
Dr.
Date
Jan 4th

Particulars
To Cash A/c

J/F Amount(Rs.) Date

50,000
Jan 31st
50,000

Feb 1st

To Balance b/d

50,000

Rent A/c
Dr.
Date
Jan 5th

Particulars
To Cash A/c

J/F Amount(Rs.) Date

4000

Jan 31st
8000
Feb 1st

To balance b/d

8000

Charity A/C
Dr.
Date
Jan 5th

Particulars
To cash A/c

J/F Amount(Rs.) Date

1500
Jan 31st
1500

Feb 1st

To Balance b/d

1500

Salary A/c
Dr.
Date
Jan 7th

Particulars
To Cash A/c

J/F Amount(Rs.) Date

90000

90000
By balance b/d

90,000
TRAVELING EXPENSES A/C

Dr.
Date
Jan 8th

Particulars
To Cash A/c

J/F Amount(Rs.) Date

34000
Jan 31st
34000

Feb 31st To Balance b/d

34000

DRAWINGS A/C
Dr.

Date
Particulars
J/F Amount(Rs.) Date
Jan 9th To Cash A/c
80000
Jan 20th To Interest on Drawings A/c
9000
Jan 31st
89000

Feb 1st

To Balance b/d

89000

Carriage A/c
Dr.
Date

Particulars

Jan 31st To Balance c/d

J/F Amount(Rs.)

Date
Jan 10th

7000
7000
Feb 1st

Stationary A/C
Dr.
Date

Particulars
To cash A/c

J/F Amount(Rs.) Date

5000

5000
To balance b/d

5000

DISCOUNT ALLOWED A/C

Dr.
Date
Particulars
Jan 10th To A/c
Jan 24th To Sita A/c

Feb 1st

To Balance b/d

J/F Amount(Rs.) Date

5000
30
Jan 31st
5030
5030

Manav Textile A/c

Dr.
Date

Particulars
To cash A/c

J/F Amount(Rs.) Date

5000

Jan 31st
5000
Feb 1st

To Balance b/d

5000

DISCOUNT RECEIVED A/C

Dr.
Date

Particulars

Jan 31st To Balance c/d

J/F Amount(Rs.)

Date
Jan 11th
Jan 23rd

2050
2050
Feb 1st

Debtors A/c
Dr.
Date

Particulars

Jan 31st To Balance c/d

J/F Amount(Rs.)

Date
Jan 11th

8000
8000
Feb 31st

INVESTMENT A/C
Dr.
Date
Particulars
Jan 11th To Cash A/c

J/F Amount(Rs.) Date

12000

12000
Feb 1st

To Balance b/d

12000

Electric bill A/c

Dr.
Date

Particulars
To Cash A/c

J/F Amount(Rs.)

Date

7000
7000
By Balance b/d

7000

TELEPHONE CHARGES A/C

Dr.
Date
Particulars
Jan 12th To Cash A/c

J/F Amount(Rs.) Date

1000
Jan 31st
1000

Feb 1st

To Balance b/d

1000

Purchase A/c
Dr.
Date

Feb 1st

Dr.
Date

Particulars
To Cash A/c
To discount A/c
To Mr. Raman A/c
To Balance b/d

J/F Amount(Rs.) Date

8000
2000
50,000
60,000
60,000

Particulars
To balance C/d

Fixed Assets A/c

J/F Amount(Rs.) Date
71000

71000

Insurance A/c
Dr.
Date

Particulars
To cash A/c

J/F Amount(Rs.) Date

1500
1500

To balance B/d

1500

Generator A/c
Dr.
Date

Particulars
To Cash A/c

J/F Amount(Rs.) Date

71000

71000
To balance B/d

71000

Mahesh A/c

Date

Particulars
To Cash A/c

To Balance b/d

J/F Amount(Rs.) Date

25,000
25000
25000

Interest A/c
Dr.
Date

Particulars
To cash A/c

J/F Amount(Rs.) Date

20,000 Jan 15th

To cash A/c
To cash A/c

500
9000
29,500
Feb 1st

BAD DEBTS A/C

Dr.
Date
Particulars
Jan 16th To Debtors A/c

J/F Amount(Rs.) Date

2000

2000
Feb 1st

To Balance b/d

2000

DEBTOR'S A/C
Dr.
Date
Particulars
Jan 18th To Cash A/c
To Cash A/c

J/F Amount(Rs.) Date

600 Jan 16th
12000

12600
To balance B/d

9600

BAD DEBTS RECOVERED A/C

Dr.
Date

Particulars

Jan 31st To Balance c/d

J/F Amount(Rs.)

Date

600
600
Feb 1st

CARRIAGE A/C

Dr.
Date
Particulars
Jan 17th To Cash A/c

Feb 1st

To Balance b/d

J/F Amount(Rs.) Date

1000
Jan 31st
1000
1000

DEPRECIATION A/C
Dr.
Date
Particulars
Jan 18th To Machinery A/c
To Fixed Assets A/c

J/F Amount(Rs.) Date

209000
271,000
Jan 31st
480,000

Feb 1st

To Balance b/d

480,000

FIXED ASSETS A/C

Dr.
Date

Particulars

Jan 31st To Balance c/d

J/F Amount(Rs.)

Date
Jan 18th

271000
271000
Feb 1st

Loss by fire A/c

Dr.
Date
Particulars
Jan 19th To machinery A/c

J/F Amount(Rs.) Date

20,000
Jan 31st
20,000

Feb 1st

To Balance b/d

20,000

Loss by theft A/c

Dr.
Date

Particulars
To cash A/c

To balance B/d

J/F Amount(Rs.) Date

50,000 Jan 19th

50,000
50,000

INTEREST ON DRAWINGS A/C

Dr.
Date

Particulars

Jan 31st To Balance c/d

J/F Amount(Rs.)

Date
Jan 20th

1500
1500
Feb 1st

Date

Particulars
By balance C/d

Bank A/c
J/F Amount(Rs.)

Date

24000

24000

Insurance A/c
Dr.
Date
Particulars
Jan 21st To Loss by fire A/c

Feb 1st

To Balance b/d

J/F Amount(Rs.) Date

1500
Jan 31st
1500
1500

LOAN A/C
Dr.
Date

Particulars

Jan 31st To Balance c/d

J/F Amount(Rs.)

100000
100000

Date
Jan 21st

Feb 1st

INTEREST ON LOAN A/C

Dr.
Date
Particulars
Jan 22nd To Cash /C

J/F Amount(Rs.) Date

25000
Jan 31st
25000

Feb 1st

To Balance b/d

25000

Manav textile ltd A/c

Date

Particulars
To Cash A/c

J/F Amount(Rs.) Date

5000

5000
To balance b/d

5000

Rohan A/c
To Cash A/c

To balance B/d

70,000

70000
70000

Mr Abhi A/c
Dr.
Date

Particulars
To balance C/d

To balance B/d

J/F Amount(Rs.) Date

2000

2000
2000

Rent A/c
Dr.
Date

Particulars
To cash A/c

To balance B/d

J/F Amount(Rs.) Date

4000

4000
4000

Packing Expense A/c

Dr.
Date

Particulars

J/F Amount(Rs.)

To cash A/c

10,000

To balance B/d

10,000
10,000

Date

COMPUTER A/C
Dr.
Date
Particulars
Jan 26th To Cash A/c

J/F Amount(Rs.) Date

50000
Jan 31st
50000

Feb 1st

To balance b/d

50000

EMPLOYEES MEDICAL F
Dr.
Date
Particulars
Jan 27th To Cash A/c

J/F Amount(Rs.) Date

4000

Jan 31st
4000
Feb 1st

To Balance b/d

4000

PACKAGING EXPENSES A/C

Dr.
Date
Particulars
Jan 28th To Cash A/c

J/F Amount(Rs.) Date

10,000
Jan 31st
10000

Feb 1st

To Balance b/d

10000

Particulars
By
By
By
By
By
By
By
By
By
By
By
By
By
By
By
By
By
By
By
By
By
By
By
By
By
By
By
By
By
By

Charity A/c
Salary A/c
Stationary A/c
Manav textile A/c
Electric bill A/c
telephone expense A/c
machinery A/c
purchases A/c
Mahesh A/c
travelling expense A/c
rohan A/c
gernator A/c
rent A/c
wages A/c
Expenses on packing A/c
Employees A/c
computer A/c
expenses
A/c
Raman
A/c
Loss by theft
A/c
Investment A/c
Interest A/c
Insurance A/c
Interest charged A/c
Interest Charged A/c
Debtors A/c
Depriciation A/c
Drawing A/c
House A/c
Yes Bank A/c

By balance c/d

Particulars
By Cash A/c

Cr.
J/F Amount(Rs.)
1500
90,000
5000
5000
900
1000
15000
8000
30,000
34,000
70,000
71000
4000
50000
10000
4000
50000
500
3950
50,000
12000
20,000
1500
9000
500
12000
71,000
80,000
200000
40,000
4630820
5582170

Cr.
J/F Amount(Rs.)
5,000,000

5,000,000

By Balance b/d

Particulars
By Cash A/c
By Cash A/c
By Cash A/c
By Cash A/c

By Balance b/d

Particulars

By Balance c/d

5,000,000

Cr.
J/F Amount(Rs.)
20,000
1500
500000
9000
530,500
490500

Cr.
J/F Amount(Rs.)

200000
200000

Particulars
By Loss by Fire A/c
By depriciation A/c
By Balance c/d

Cr.
J/F Amount(Rs.)
20000
209000
91000
320000

d company A/C
Particulars

Cr.
J/F Amount(Rs.)

By Machinery A/c
By purchases A/c

By balance B/d

Particulars
By Cash A/c
By Mr. Abhi A/c

90000
50,000

140000
66000

Cr.
J/F Amount(Rs.)
20000
2000

22,000
To Balance b/d

Particulars
By Cash A/c

By balance B/d

Particulars

By Balance c/d

22,000

Cr.
J/F Amount(Rs.)
15,000
15000
15000

Cr.
J/F Amount(Rs.)

50000
50,000

Particulars

Cr.
J/F Amount(Rs.)

By Balance c/d

8000
8000

Cr.
Particulars

By Balance c/d

J/F

1500
1500

Particulars
By balance c/d

Cr.
J/F Amount(Rs.)
90000

90000

XPENSES A/C

Particulars

By Balance c/d

Cr.
J/F Amount(Rs.)

34000
34000

Cr.

Particulars

By Balance c/d

J/F Amount(Rs.)

89000
89000

Particulars
By Cash A/c

Cr.
J/F Amount(Rs.)
7000

7000
By Balance b/d

Particulars
By balance C/d

7000

Cr.
J/F Amount(Rs.)
5000
5000

LOWED A/C
Particulars

By Balance c/d

Cr.
J/F Amount(Rs.)

5030
5030

Particulars

By Balance c/d

Cr.
J/F Amount(Rs.)

5000
5000

CEIVED A/C

Particulars
By Mr.A A/c
By Madan Lal A/c

Cr.
J/F Amount(Rs.)
2000
50

2050
By Balance b/d

Particulars
By Battery Chargers A/c

2050

Cr.
J/F Amount(Rs.)
8000

8000
By Balance b/d

Particulars

8000

Cr.
J/F Amount(Rs.)

By Balance c/d

Particulars
By Cash A/c

12000
12000

Cr.
J/F Amount(Rs.)
7000

To Balance c/d
7000
7000

CHARGES A/C
Particulars

By Balance c/d

Particulars
By Balance c/d

Cr.
J/F Amount(Rs.)

1000
1000

Cr.
J/F Amount(Rs.)
60000
60,000

Particulars
By Depriciation A/c

Cr.
J/F Amount(Rs.)
71000

By balance B/d

71000
71000

Particulars
By Balance C/d

Cr.
J/F Amount(Rs.)
1500
1500

Particulars
By balance C/d

Cr.
J/F Amount(Rs.)
71000

71000

Particulars
By Balance C/d

J/F Amount(Rs.)
25,000
25,000

Particulars
By Cash A/c

Cr.
J/F Amount(Rs.)
1000

By Balance B/d

28500
29500

By Balance b/d

28500

Particulars

By Balance c/d

Particulars
By Bad debts A/c
By Cash A/c
By Balance c/d

Cr.
J/F Amount(Rs.)

2000
2000

Cr.
J/F Amount(Rs.)
2000
1000
9600
12600

ECOVERED A/C
Particulars
By Cash A/c

Cr.
J/F Amount(Rs.)
600

600
By Balance b/d

600

Particulars
By Balance b/d

Particulars

By Balance c/d

Particulars
By Depreciation A/c

Cr.
J/F Amount(Rs.)
1000
1000

Cr.
J/F Amount(Rs.)

480,000
480,000

Cr.
J/F Amount(Rs.)
271,000

271000
By Balance b/d

Particulars

By Balace c/d

271000

Cr.
J/F Amount(Rs.)

20,000
20,000

Particulars
By balance C/d

Cr.
J/F Amount(Rs.)
50,000

50,000

DRAWINGS A/C
Particulars
By Drawings A/c

Cr.
J/F Amount(Rs.)
1500

1500
By Balance b/d

Particulars

1500

J/F Amount(Rs.)

By Machinery A/c
By Cash A/c

15000
9000

By Balance B/d

24000
24000

Particulars
By Balance c/d

Particulars
By Cash A/c

Cr.
J/F Amount(Rs.)
1500
1500

Cr.
J/F Amount(Rs.)
100000

100000

By Balance b/d

100000

LOAN A/C
Particulars

Cr.
J/F Amount(Rs.)

By Balance c/d

25000
25000

Particulars
By balance C/d

J/F Amount(Rs.)
5000

5000

By balance C/d

70,000

70,000

Particulars
By Cash A/c

Cr.
J/F Amount(Rs.)
2000

2000

Particulars
By balance c/d

Cr.
J/F Amount(Rs.)
4000

4000

Particulars
By balance C/d

Cr.
J/F Amount(Rs.)
10,000

10,000

Particulars

By Balance c/d

Cr.
J/F Amount(Rs.)

50000
50000

A/c
Particulars

Cr.
J/F Amount(Rs.)

By Balance c/d

4000
4000

XPENSES A/C
Particulars

By Balance c/d

Cr.
J/F Amount(Rs.)

10,000
10,000

Praveena textile Ltd.

Trial Balance
For the month of January, 2015
Particulars
Cash A/c
Capital A/c
Yes bank A/c
House A/c
Machinery A/c
Raman and company A/c
Sales A/c
Carriage A/c
Drawings A/c
Salary A/c
Charity A/c
Rent A/c
Wages A/c
Commission A/c
Telephone charges A/c
Electric bill A/c
Investment A/c
Debtors A/c
Discount received A/c
Manav Textile A/c
Discount A/c
Stationary A/c
Packing expense A/c
Employees medical Exp. A/c
Computer A/c
Mr. Abhi A/c
Rohan A/c
Interest on loan A/c
Loan A/c
Insurance A/c
Bank A/c
Interest on drawing A/c
Lost by theft A/c
Lost by fire A/c
Fixed Assets A/c
Depriciation Aa/c
Recovered Bad debt A/c
Bad Debt A/c
Interest A/c

Debit (Rs.)
4630820

200000
91000

34000
90000
1500
8000
50000
1000
7000
12000

5000
5030
5000
10,000
4000
50,000
2000
7000
25000
4900

50000
20,000
480,000
2000

Mahesh A/C
Generator A/c
Purchase A/c
Mohan textile A/c

Total

25000
71000
160000
5000

6056250

Ltd.
2015
Credit (Rs.)

5000000
490500

66700
22000
7000

15000

8000
2050

400000
2400
1500

12000
600
28500

6056250

Tranding and P/L Accou

Dr.
PARTICULARS(EXPENSES)

AMOUNT

AMOUNT

To Purchases A/c

160000

To carriage A/c
Outward
To Wages A/c
To generator A/c

7000
50,000
71000

Total

288000

To salary A/c
To charity A/c
To Rent A/c
To telephone charges A/c
To Electric bill A/c
To bad debt A/v
To depriciation A/c
To discount A/c
Stationary A/c
Packing expense A/c
Employees medical Exp. A/c
Interest on loan A/c
Lost by theft A/c
Lost by fire A/c
To net loss A/c

90,000
1500
8000
1000
7000
2000
480,000
5030
5000
10,000
4000
25000
50000
20,000
266000

Total

974,530

nding and P/L Account

Cr.
PARTICULAR (INCOME)
By sales A/c

By gross loss A/c

AMOUNT

AMOUNT
22000

266000

288000

By
By
By
By
By

commission A/c
interest A/c
recovered bad debt A/c
discount recvd. A/c
Interest drawing A/c

By Net loss

15000
28500
600
2050
1500

926880

974,530

Cr.

Balance sheet
Particulars
EQUITY AND LIABILITY
Capital A/c
Loan A/c
Creditors A/c
Investment A/c
Yes bank A/c
Drawing A/c

Assets
cash A/c
House A/c
Machinery A/c
Computers A/c
Debtors A/c
Generator A/c

Note no

e sheet
Figures at the end of the year
Amount

Current Reporting Period

5000000-266000
500000

200000
91000
50,000
20,000
71000

4734000
500000
50,000
12000
490500
89000

4630820
200000
91000
50,000
20,000
71000