Asset Liability Expenses

1 Supplies 60000 A/c payable-Amit 60000

2 Cash 200000
3 Cash -5000 Rent
3 A/c receivable-Shamit 10000
Supplies -9000 COGS
7 Supplies 3000 A/c payable-Preetam 3000
9 Supplies 2000 A/c payable-Manu & co. 2000
12 A/c receivable-Sharad 10000
Supplies -9000 COGS

18 A/c receivable-Shamit -300

Supplies 270 COGS

19 A/c receivable-Sharad -200

Supplies 180 COGS
19 cash 9702 Discount
A/c receivable-Sharad -9800
26 A/c receivable-Poonam Stores 10000
Supplies -9000 COGS
26 Cash -1500 A/c payable-Manu & co. -1500
26 Cash -1500 A/c payable-Preetam -1500
27 Cash 9700
A/c receivable-Shamit -9700

27 Cash -3000

27 A/c receivable-Poonam Stores -2000

Supplies 1800 COGS
30 Supplies 1350 A/c payable-Nayan 1350
30 Bank -5000

193002 3350
Expenses Income Owner’s Capital

Capital 200000
5000
Sales 10000
9000

Sales 10000
9000

Sales-Returns -300
-270

Sales-Returns -200
-180
98

Sales 10000
9000

LIC-Drawings -3000

Sales-Returns -2000
-1800

Drawings -5000

29848 27500 192000