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  • Session#14

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    Vaibhav Agrawal BJ22050
    7 views6 pages
    1) The document presents the trial balance of various accounts - Raw Material, Work in Progress, Finished Goods, Bank, Creditors, Debtors, Share Capital, Dep Provision, Profit & Loss, and Prepaid Rent. 2) It shows the opening and closing balances as well as debits and credits for each account over the accounting period. 3) Transactions include purchases, manufacturing costs, sales, expenses, and transfers between accounts like use of raw materials to make work in progress and finished goods.

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    1) The document presents the trial balance of various accounts - Raw Material, Work in Progress, Finished Goods, Bank, Creditors, Debtors, Share Capital, Dep Provision, Profit & Loss, and Prepaid Rent. 2) It shows the opening and closing balances as well as debits and credits for each account over the accounting period. 3) Transactions include purchases, manufacturing costs, sales, expenses, and transfers between accounts like use of raw materials to make work in progress and finished goods.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views6 pages

    Session#14

    Uploaded by

    Vaibhav Agrawal BJ22050
    1) The document presents the trial balance of various accounts - Raw Material, Work in Progress, Finished Goods, Bank, Creditors, Debtors, Share Capital, Dep Provision, Profit & Loss, and Prepaid Rent. 2) It shows the opening and closing balances as well as debits and credits for each account over the accounting period. 3) Transactions include purchases, manufacturing costs, sales, expenses, and transfers between accounts like use of raw materials to make work in progress and finished goods.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 6

    RM Acoount Dr Cr DW Account Dr Cr

    Details Rs '000 Details Rs '000 Details Rs '000 Details Rs '000

    OPENING 18 WIP 110 BANK 87 WIP 87


    CREDITORS 100 MOH (REPAIRS) 2
    TOTAL TOTAL

    CLOSING 6 MOH Account Dr Cr


    Details Rs '000 Details Rs '000
    TOTAL 118 TOTAL 118
    BANK 5 WIP 48
    WIP Account Dr Cr RM 2 Prepaid Rent 0.3
    Details Rs '000 Details Rs '000 BANK 40
    DEP PROV 1.3
    OPENING 17 FG 215
    RM 110 TOTAL 48.3 TOTAL 48.3
    MOH 48
    DW 87 OAOH Account Dr Cr
    Details Rs '000 Details Rs '000

    CLOSING 47 BANK 12 FG 12

    TOTAL 262 TOTAL 262 TOTAL 12 TOTAL 12

    SDOH Account Dr Cr
    FG Account Dr Cr Details Rs '000 Details Rs '000
    Details Rs '000 Details Rs '000
    BANK 14 COGS 14
    OPENING 13
    WIP 215 COGS 220
    OAOH 12 CLOSING 20 TOTAL 14 TOTAL 14
    TOTAL 240 TOTAL 240

    CoGS Account Dr Cr
    Details Rs '000 Details Rs '000

    FG 220
    SDOH 14 COS 234

    TOTAL 234 TOTAL 234

    CLOSING TRIAL BALANCE


    Dr (Rs '000) Cr (Rs '000)
    RM 6
    WIP 47
    FG 20
    BANK 41
    CREDITORS 7
    FIXED ASSETS 55
    DEBTORS 22
    SHARE CAPITAL 80
    DEP PROV 6.3
    P/L 98
    PREPAID 0.3
    TOTAL 191.3 191.3
    Bank Account Dr Cr
    Details Rs '000 Details Rs '000

    OPENING 10 DW 87
    DEBTORS 290 MOH 5
    MOH 40
    OAOH 12
    SDOH 14
    CREDITORS 101

    CLOSING 51

    TOTAL 300 TOTAL 310

    Creditors Dr Cr MOH WIP


    Details Rs '000 Details Rs '000 OAOH FG
    SDOH COGS
    BANK 101 OPENING 8
    CLOSING 7 RM 100

    TOTAL 108 TOTAL 108

    Fixed Assets Dr Cr
    Details Rs '000 Details Rs '000

    OPENING 55
    CLOSING 55

    TOTAL 55 TOTAL 55

    Debtors Dr Cr
    Details Rs '000 Details Rs '000

    OPENING 12 BANK 290


    SALES 300 CLOSING 22

    TOTAL 312 TOTAL 312

    Share Capital Dr Cr
    Details Rs '000 Details Rs '000
    OPENING 80
    CLOSING 80
    TOTAL 80 TOTAL 80

    Dep Provision Dr Cr
    Details Rs '000 Details Rs '000

    OPENING 5
    MOH 1.3
    CLOSING 6,3

    TOTAL 6.3 TOTAL 6.3

    Profit & Loss Dr Cr


    Details Rs '000 Details Rs '000

    OPENING 32
    COS 234 DEBTORS 300
    CLOSING 98

    TOTAL 332 TOTAL 332

    Prepaid Rent Dr Cr
    Details Rs '000 Details Rs '000

    MOH 0.3
    CLOSING 0.3

    TOTAL 0.3 TOTAL 0.3

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