Professional Documents
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COMPANY ( GENERAL JOURNAL)
DATE DEBIT
Rakesh Invested Rs. 50,000 and started a VOUGE COMPANY
CASH 50000
01 June 2001
EQUITY CAPITAL
Bought Office Supplies on Cash Rs.2000
OFFICE SUPPLIES 2000
02 June 2001
CASH
Paid Office rent for June Rs.1500
RENT EXPENSE 1500
03 June 2001
CASH
Bought Equipment from AGARWAL COMPANY for Cash Rs. 3
EQUIPMENT 3000
04 June 2001
CASH
Signed an Agreement of With Ethinicwear for developing a special design
agreement provided for payment of a fee of Rs. 2000 by Ethinicwear on c
the work.
05 June 2001
Paid For 1 Year Insurance .Rs. 720
PREPAID INSURANCE 720
06 June 2001
06 June 2001
CASH
Sold Design for Cash Rs. 2000
REVENUE FROM SERVICES 2000
06 June 2001
CASH
Received from Kidswear, acustomer, for services to beprovided late
CASH 2000
08 June 2001
UNEARNED REVENUE
Bought Office Supplies on Credit From Mohan Company Rs.3
OFFICE SUPPLIES 3500
09 June 2001
TRADE PAYABLE
Billed SHAH COMPANY for Design completed for Rs. 9000
TRADE RECEIVABLE 9000
10 June 2001
REVENUE FROM SEVICES
Paid Mohan Company "On account" Rs. 1000 for Office Supp
TRADE PAYABLE 1000
14 June 2001
CASH
Received from SHAH Company "On Account" Rs.4000 for 10th Ju
CASH 4000
18 June 2001
TRADE RECEIVABLE
Appointed a manager for a monthly salary of Rs.1500
21 June 2001
Used Office Supplies for Rs.1800
Office Supplies Expense 1800
22 June 2001
Office Supplies
Completed Designs for Gupta Company for Rs.3000 and Received Rs.
payemnet
Cash 1000
25 June 2001 Trade Receivable 2000
Revenue from Services
Paid Telephobne Bill Rs. 200
Telephone Expense 200
27 June 2001
Cash
Paid manager's Salary for June Rs. 800
Salary Expense 800
28 June 2001
Cash
Paid Electricity Bill Rs. 150
Electricity Expense 150
29 June 2001
Cash
Paid DIVIDEND Rs. 2200
Dividend Expense 2200
29 June 2001
Cash
CREDIT
Y
50000
2000
1500
3000
3000
n. The
completion of
720
2000
er Rs. 2000
2000
500
3500
9000
plies
1000
ne Sales
4000
1800
1000 as part
3000
200
800
150
2200