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Income

57,246.05

Lorry
Cash in hand

Expenses
Road tax
Repair & maintenance
Fuel & oil
Insurance
Sundry expenses
Sundry wages
Toll fee
Trade licence
Depreciation

435.00
8,572.25
11,873.00
661.11
2,550.00
6,030.00
30.00
25.00
1,000.00
31,176.36

Profit

26,069.69

Dr Depreciation
Cr Lorry

1,000.00
1,000.00

Dr Cash in hand
Cr Income

57,246.05
57,246.05

Dr Road tax
R&M
Fuel & oil
Insurance
Sundry expenses
Sundry wages
Toll fee
Trade licence
Cr Cash in hand

435.00
8,572.25
11,873.00
661.11
2,550.00
6,030.00
30.00
25.00
30,176.36

Modal
Reserves

4,000.00
27,069.69
31,069.69

5,000.00
26,069.69
31,069.69

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