Jan

Total Cash
Date Explanation No Difference
Dr Cr Dr
5-Jan Purchases 1 50000 50000
10-Jan Sales 1 250000 250000 250000
20-Jan investment 1 20000 20000 20000
27-Jan Purchases of furniture 1 5000 5000
B128-Jan Adminstrative expenses 1 4000 4000
29-Jan Rent Rev. 1 5000 5000 5000
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0

Total 334000 334000 275000

Cash Bank Inventory A/R A/P
Cr Dr Cr Dr Cr Dr Cr Dr Cr
50000

5000
4000

59000 0 0 0 0 0 0 0 0
 Sales Purchases Fixed Assets Capital Admin.Exp
Dr Cr Dr Cr Dr Cr Dr Cr Dr
50000
250000
20000
5000
4000

0 250000 50000 0 5000 0 0 20000 4000

Admin.Exp Other Reveneu
Cr Dr Cr

5000

0 0 5000
 Feb
Total Cash
Date Explanation No Difference
Dr Cr Dr Cr
20-Feb Sales Of Inventory 1 50000 50000
B126-Feb purchase on account 1 22000 22000
B127-Feb expenses 1 750 750 750
B128-Feb adminstrative expense 1 3500 3500 3500
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0

Total 76250 76250 0 4250

 Bank Inventory A/R A/P Sales
Dr Cr Dr Cr Dr Cr Dr Cr Dr
50000
22000

50000 0 0 0 0 0 22000 0 0
Sales Purchases Fixed Assets Capital Admin.Exp
Cr Dr Cr Dr Cr Dr Cr Dr Cr
50000
22000
750
3500

50000 0 0 0 22000 0 0 4250 0

Other Reveneu
Dr Cr

0 0
 Mar
Total Cash
Date Explanation No Difference
Dr Cr Dr
B120-Mar Purchase of building 1 15000 15000
B127-Mar Purchase of Computer 1 7500 7500
B130-Mar Adminstrative Expense 1 2750 2750
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0

Total 25250 25250 0

Cash Bank Inventory A/R A/P
Cr Dr Cr Dr Cr Dr Cr Dr Cr
15000
7500
2750

17750 0 0 0 0 0 0 0 7500
 Sales Purchases Fixed Assets Capital Admin.Exp
Dr Cr Dr Cr Dr Cr Dr Cr Dr
15000
7500
2750

0 0 0 0 22500 0 0 0 2750
Admin.Exp Other Reveneu
Cr Dr Cr

0 0 0
 General Ledger
Total Cash
Date Month No Difference
Dr Cr Dr Cr
Total Jan 1 334000 334000 275000 59000
Total Feb 1 76250 76250 0 4250
Total Mar 1 25250 25250 0 17750
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0
1 0 0

Total 435500 435500 275000 81000

 Bank Inventory A/R A/P Sales
Dr Cr Dr Cr Dr Cr Dr Cr Dr
0 0 0 0 0 0 0 0 0
50000 0 0 0 0 0 22000 0 0
0 0 0 0 0 0 0 7500 0

50000 0 0 0 0 0 22000 7500 0

Sales Purchases Fixed Assets Capital Admin.Exp
Cr Dr Cr Dr Cr Dr Cr Dr Cr
250000 50000 0 5000 0 0 20000 4000 0
50000 0 0 0 22000 0 0 4250 0
0 0 0 22500 0 0 0 2750 0

300000 50000 0 27500 22000 0 20000 11000 0

Other Reveneu
Dr Cr
0 5000
0 0
0 0

0 5000
 Total Balance
Accounts
Dr Cr Dr Cr
Cash 275000 81000 194000 0
Bank 50000 0 50000 0
Inventory 0 0 0 0
A/R 0 0 0 0
A/P 22000 7500 14500 0
Sales 0 300000 0 300000
Purchases 50000 0 50000 0
Fixed Assets 27500 22000 5500 0
Capital 0 20000 0 20000
Admin.Exp 11000 0 11000 0
Other Reveneu 0 5000 0 5000
Total 435500 435500 325000 325000
Sales 300000
Sales Returns
Net Sales 300000
Beg.Inventory 50000
Purchases 50000
Purchases returns
End.Inventory 50000
Cost of good sold 50000
Gross proft 250000
Other Revenue 5000
Other Exp 11000
Net income before Taxes 244000
Taxes
Net income 244000
 Assets Equity
Current Assets Capital
Acc Dep. Investment
Machines & Equipment Net income
Cash
Bank
Inventory
Total
NonCurrent Assets Total
Furniture Liabilities
Current Liabilites
A/P

Total
NonCurrent Liabilites

Total Total
Total Total
ity

ities
 Adds Dep
Assets Beg.Balance Rate/years
Date Amount Balance
Furniture 20000 27-Jan 5000 10% 500

Total 500
Dep
Dep.Period
Adds
125 625
0
0
0
0
0
0
0
0
0
0
125 625