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formula

s#no
clear
r=revenue 1
L=liability
E=expense
A=assets
C=capital 2

increase decrease
assets debit credit 3
liability credit debit
revenue credit debit
expense debit credit
capital credit debit 4

CLEAR formula of accounting 5


CLR increase cr decrease dr
A&E increase Dr decrease Cr

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General entries of accounting
decription Dr Cr

cash 2,00,000
capital 2,00,000
investing capital for business

purchase goods 100


cash 100
purchase for goods
office quipment 200
cash 200
puchase office equipment

purcahse chair for office 150


liability 150
liability increase (A/C payable)

purcahse truck 250


paid 250
short term liablity in one month

rent 220
cash 220
cash paid for rent

panting 120
expencse 120

expense increase

machine 330
on liability 330
increase liablity

wages 500
expense 500
employees wages

purchase business asset 1000


cash 1000
purchase for assets
purchase business asset 200
paidable 200
paid for short time liablity

liablity(cash paid) 100


paid 100
cash paid of short term liablity

electric bill 100


cash 100
assets decrease

other expense 420


A/C payble 420
A/C payble

purchase table 150


payble 150
puchase table in libality accounts

paid liablity 150


cash decrease 150
paid liablity to goods

sales 200
revenue 200
sales good on cash

sales office equipment 250


assets 250
assets decrease

cash 2,50,000
capital/owner equity 2,50,000
capital invest again in business

purchase building 2,00,000


paid cash 1,00,000
payable A/C 1,00,000
half cash will be payble

sales 200
recivable 200
cash will be recivable
cash 100
recivable 100
liability 100
half cash recived

inventory 5000
account payble 5000
purcahse goods for sales

A/C payble 500


inventory 500
cash for inventory

cash 2500
account recivable 2500
cash recived from A/C recivable

transfort 500
expense 500
expense for labor transport

salary 45000
expenxe 45000
salary to employees

supplies 1500
expense 1500
supplies for expense

commision of sales 200


cash 200
commision for more slae to employees

office advertizment 500


cash to advertizer 500
cash fot advertizment

insurance 500
expense 500
cash for office insurance

wages expense 500


cash payble 500
cash will be payble
cash 500
recivable A/C0 500
cash revied

persnol use 1200


cash 1200
cash for persnol expense

company cash invest 1200


cash 200
cash invest for more assets

loan 1200
liability 1200
comanyn loan for business

loan payble 1200


cash 1200
loan will be payble

liablity 1200
loan paid 1200
loan paid to bank

cleaning 100
payble 100
cash on laiblity accout

cleaning 100
cash 100
cash paid for cleaning office

liablity 100
paid 100

cash paid of laiblity

marchandise purchase 1500


A/C payble 1500
purchase marchandise on libality

marchandise 1500
cash 1500
purchase good on cash
divident 1000
payable 1000

divident 1000
cash 1000

interest 1000
cash 1000

liability 100
cash 100
cash revied

cash 4000
note payble 4000
cash payble In fixed date

fuel expense 100


cash 100
cash decrease

computer 1500
cash 1500
for office use.

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