DIDIK ENTERPRISE

1. Started business with capital of: 

← Bank $15,000
← Cash $10,000
← Shop $150,000
← Machineries $10,000
2. Bought additional machine by credit from CIMB Bank $70,000. 
3. Took cash $1000 for personal use. 
4. Paid installment to CIMB $2,000 by cheque. 
5. Bank in sales proceeds of $60,000. 
6. Paid the following expenses by cheque: 
← Salaries $10,000
← Utilities $5,000
← Transport $1,000
← Rent $800
← Insurance $700
7. Paid second installment to CIMB cash $1,000 and cheque $1,000. 
8. Bought machine worth $10,000 paying cash $3,000 and the balance through loan from EON Bank
Ans to DIDIK ENTERPRISE :analysis of transaction
ASSET EQUITY + LIABILITY
=
CAPITAL + [ REVENUE - ( EXPENSES )]
TRANX L oan
Machinerie insura
Bank Cash Shop = Salary utilities Transp Rent CIMB
s nce

+15000 +10000 +150000 +10000 +185000

1 =
balance 15000 10000 150000 10000 185000

+70000 +70000
2 =
balance 15000 10000 150000 80000 185000 70000

-1000 -1000
3 =
balance 15000 9000 150000 80000 184000 70000

-2000 -2000
4 =
balance 13000 9000 150000 80000 184000 68000

+60000 +60000
5 =
balance 73000 9000 150000 80000 184000 60000 68000

-17500 - - - - -700
6 =
10000 5000 1000 800
balance 55500 9000 150000 80000 184000 60000 10000 5000 1000 800 700 68000

-1000 -1000 -2000

7 =
balance 54500 8000 150000 80000 184000 60000 10000 5000 1000 800 700 66000

-3000 +10000 +7000

8 =
balance 54500 5000 150000 90000 184000 60000 10000 5000 1000 800 700 73000

54500+5000+150000+90000= 299500 = 184000+60000-17500+73000= 299500

Another format :analysis of transaction.
ASSET LIABILITY + EQUITY
=
TRANX L oan
Machinerie
Bank Cash Shop CIMB
s

+15000 +10000 +150000 +10000 Capital

1
+185000
balance 15000 10000 150000 10000 = 185000

2 +70000 +70000

balance 15000 10000 150000 80000 = 70000 185000

-1000 Drawings
3
-1000
balance 15000 9000 150000 80000 = 70000 184000

4 -2000 -2000

balance 13000 9000 150000 80000 = 68000 184000

+60000 Revenue
5
+60000
balance 73000 9000 150000 80000 = 68000 244000

-17500 Salary
-10000
Utility
-5000
Transport
6 -1000
Rent
-800
Insurance
-700
balance 55500 9000 150000 80000 = 68000 226500

-1000 -1000 -2000

7
balance 54500 8000 150000 80000 = 66000 226500

8 -3000 +10000 +7000

balance 54500 5000 150000 90000 = 73000 226500

299500 299500