Particulars Amt

LIABILITIES
Share Capital 500000
Trade Payables 75000
Outstanding Electricity 2000
Net Profit 6000
TOTAL 583000

ASSETS
Cash 100000
Bank 388000
Inventory 45000
Furniture 50000
583000
Particulars Amt
Sales 142500
Less: COGS 105000
GP 37500
Expenses
Rent 5000
wages 2000
stationery 5000
premium 10000
bad debts 7500
O/S Electricity 2000
Net Profit 6000
DR BANK A/C
Particulars Amt Particulars
To Share Capital A/C 500000 By share capital
To Sales A/C 75000 By Furniture A/C
To Sales A/C 60000 By Wages
By Purchases a/c
By Rent a/c
By Premium
By Stationery
To M A/C
By Bal
635000
CR
Amt
100000
50000
2000
50000
5000
10000
5000
25000
388000
635000
DR FURNITURE A/C
Particulars Amt
To Bank A/C 50000
50000
 CR
Particulars Amt
TO BAL C/D 50000
50000
DR PURCHASES A/C
Particulars Amt Particulars
To M A/C 100000 BY BAL C/D
To Bank a/c 50000
150000
CR
Amt
150000

150000
DR MR M A/C
Particulars Amt Particulars
To Bank a/c 25000 By Purchases
To bal c/d 75000
100000
CR
Amt
100000

100000
DR SALES A/C
Particulars Amt Particulars
To Inventory 50000 By Bank
To P&L 25000 By Bank
To Inventory 50000 By mr Y AC
To P&L 10000
To Inventory 5000
To P&L 2500

142500
CR
Amt
75000
60000
7500

142500
DR INVENTORY A/C
Particulars Amt Particulars
To Purchases 100000 By Sales
To Purchases 50000 By Sales
By Sales
By Bal c/d
150000
CR
Amt
50000
50000
5000
45000
150000
DR WAGES A/C
Particulars Amt
To Bank A/C 2000
2000
 CR
Particulars Amt
by bal c/d 2000
2000
DR RENT A/C
Particulars Amt Particulars
To Bank a/c 5000 by bal
5000
CR
Amt
5000
5000
DR INSURANCE PREMIUM A/C CR
Particulars Amt Particulars Amt
To Bank A/C 10000 by bal c/d 10000
10000 10000
DR MR Y A/C
Particulars Amt
To Sales A/C 7500
7500
 CR
Particulars Amt
By Bad Debts 7500
7500
DR BAD DEBTS A/C
Particulars Amt
To Y A/C 7500
7500
 CR
Particulars Amt
by bal a/c 7500
7500