Escolar Documentos
Profissional Documentos
Cultura Documentos
Lecture 14
Code 07 Cr. Rs. Bal. Dr/(Cr) 15,000 60,000 (15,000) (75,000) (50,000)
Dr. Rs.
Bank Account
Date Feb 01 No Narration
Balance B/F
Code 02
130,000
Feb 02
Feb 05 Feb 15 Feb 17
01 Cash deposited
03 Expenses payable paid 08 Fixed deposit placed 09 Paid to A
25,000
15,000 75,000 25,000
155,000
140,000 65,000 40,000
Financial Accounting
Lecture 14
Code 09
Cr. Rs. 14,000 1,000 Bal. Dr/(Cr) 15,000 1,000 0 95,000 75,000 20,000 Code 01 Cr. Rs. 25,000 Bal. Dr/(Cr) 35,000 10,000 24,000
95,000
Feb 20
10
Received from B
75,000
99,000
Financial Accounting
Lecture 14
Code 12 Cr. Rs. Bal. Dr/(Cr) 20,000 (20,000) (15,000) 0 5,000 (5,000)
Dr. Rs.
5,000 15,000
Financial Accounting
Lecture 14
Code 01 Cr. Rs. Bal. Dr/(Cr) 20,000 5,000 15,000 30,000 Code 12 Cr. Rs. 20,000 Bal. Dr/(Cr) (20,000) (15,000)
No.
Narration
Balance B/F
Dr. Rs.
02
5,000
Feb 05
Feb 28 Feb 28
03
11 12
15,000
5,000 15,000
0
(5,000) (20,000)
Financial Accounting
Lecture 14
Trial Balance
Ali Traders Trial Balance As On February 28, 20-Title of Account Cash Account Bank Account Capital Account Furniture Account Vehicle Account Purchases Account Mr. A (Creditor) Code 01 02 03 04 05 06 07 15,000 50,000 120,000 50,000 Dr. Rs. 99,000 40,000 200,000 Cr. Rs.
Financial Accounting
Lecture 14
Ali Traders Trial Balance As On February 28, 20-Title of Account Sales Mr. B (Debtor) Salaries Expenses Expenses Payable Discount Fixed deposit Total Code 08 09 10 11 12 13 14 1,000 75,000 460,000 460,000 20,000 10,000 30,000 20,000 Dr. Rs. Cr. Rs. 190,000
Financial Accounting
Lecture 14
Items
Financial Accounting
Lecture 14
Stock
Financial Accounting
Lecture 14
Types of Stock
Financial Accounting
Lecture 14
Stock Account
Stock
Stock
goods.
10
Financial Accounting
Lecture 14
Purchase of Stock
Credit
Debit
Stock Account
11
Financial Accounting
Lecture 14
Payment to Creditors
Debit Credit
Cash Account
12
Financial Accounting
Lecture 14
Sale of Goods
Credit Debit
13
Financial Accounting
Lecture 14
+ + =
14
Financial Accounting
Lecture 14
Trading Concern
Purchase Price of the Goods Sold
Manufacturing Concern
+ + Cost of Raw Material Consumed Other Manufacturing Costs e.g. salaries of labour, cost of machinery
15
Financial Accounting
Lecture 14
16