GENERAL JOURNAL

Account Title Ref Amount (Rs)

Date Dr Cr
Year
July 1 Cash 100,000
Anees, Capital 100,000
(Started business with cash)
2 Furniture 7,000
Cash 7,000
(Purchase furniture for cash)
8 Purchases 3,000
Cash 2,000
Accounts Payable 1,000
(Purchase good on cash and credit)
14 Cash 5,000
Accounts Receivable 7,000
Sales 12,000
(Cash and Credit Sales recorded)
18 Drawing 2,000
Cash 2,000
(Owner withdraw for personal use)
22 Account Payable 500
Cash 500
(Paid credit to Khalid Retail Store)
26 Cash 10,000
Accounts Payable 10,000
(Receive cash from credit customer)
28 Equipment 12,000
Cash 12,000
(Purchase equipment for cash)
29 Utility Expense 1,500
Cash 1,500
(Paid Utilities)
30 Salaries Expense 2,000
Cash 2,000
(Paid expenses)
TOTAL P150,000 P150,000
 GENERAL LEDGER
Account # 1

CASH A/C
DAT Amount(Rs) DAT Amount(Rs)
E E
1 100,000 2 7,000
14 5,000 8 2,000
26 10,000 18 2,000
22 500
28 12,000
29 1,500
30 2,000
₱88,000
Account #2

Owner’s Equity A/C

DAT Amount(Rs) DAT Amount(Rs)
E E
1 100,000
₱100,000
Furnitures A/C Account #3
DAT Amount(Rs) DAT Amount(Rs)
E E
2 7,000
₱7,000

Account #4
Purchase A/C
DAT Amount(Rs) DAT Amount(Rs)
E E
8 3,000
₱3,000
Account # 5

Accounts Payable A/C

DAT Amount(Rs) DAT Amount(Rs)
E E
8 1,000
22 500
₱500
Account #6

Accounts Receivable A/C

DAT Amount(Rs) DAT Amount(Rs)
E E
14 7,000
26 10,000
₱3,000
Account # 7

Sales A/C
DAT Amount(Rs) DAT Amount(Rs)
E E
14 12,000
₱12,000
Account #8

DRAWINGS A/C
DAT Amount(Rs) DAT Amount(Rs)
E E
18 2,000
₱2,000
Account # 9

Equipment A/C
 DAT Amount(Rs) DAT Amount(Rs)
E E
28 12,000
₱12,000

Account #10

Utility A/C
DAT Amount(Rs) DAT Amount(Rs)
E E
29 1,500
₱1,500

Salary A/C
DAT Amount(Rs) DAT Amount(Rs)
E E
30 2,000
₱2,000
 TRIAL BALANCE
As of July ****
Accoun Particulars Dr Cr
t No.
1 Cash 88,000
2 Anees, Capital 100,000
3 Furniture 7,000
4 Purchases 3,000
5 Accounts Payable 500
6 Accounts Receivable 3,000
7 Sales 12,000
8 Drawing 2,000
 9 Equipment 12,000
10 Utility Expense 1,500
11 Salaries Expense 2,000
₱115,50 ₱115500
0