Fnancial Acerilin

o What accsuting 2

It s a ant ofLcONding , clasaiing and summasizing

manne 0nhe eths o menytranaanien
in a significant
stakement
and ein which a w n paut ateastla inaneial
chauacke and inkpreakng thaisaul henal

h a ae ojeckiws eq atcsurhingY

To provid ingsumaion abeuE he whel achvihes o the buainus

enkeyises both to ha suneu and hain exenal eyps

To puexH de uatl intomakisn to investars and creditouso

hakthay cantake docisions on inveatmant andlanding
disue and cenbrel shganisaions,human and
T elleively
makertialASLMCAs ilanus uana

u e
T tacilitate social funchonnd cpnbol:iuea
7To pbride inaxmahion_0goxdin9 elicie

.Eylau the accsunting cenmcepn detail

ao oidnilo
BusinbAaenity CeneRnt-
M

This ucencenk dons hot a busincsw unit ssenoxakeand

s nteessaky sncs=
oistinct emhe uners Tharaauit
faldishnguishem
haiy businas prananethons seraakely
pwsenelhansactions a
 Joioinu
Gueing ceneaNn cencant
4 assumad that the ruaineas wil] exict foy a lng fima and
hansacbeaane acsNdad en his peint viethat fueple
emajand go.buk buainaosumansunthe puindinal o
this Cencent
a) Nanty miaalkament
cencunt-
aak.c.
acceunting ucoda nly thase tranjachon which au eyuadd
Hounsmaay th ise ekuldingland the. e claxeial
seuicecan addad up ny tha&ugh the naney
ne ethauis&
valand

4Cea cendet the hansasieas aN dkan the books s

aceun at the ambunt ackualy inueued.
oian
5)Dual a4naet Concent- eash hansaebisns hos tunayluek4
7
buainas has acquisad an asAt, the assat wich temes th is
Gne aApscd
To acquine assekha
buainA hau toay menA4
wich g623 out this u netho 04nict

Assek= Jiability + capital

Canital 04a-iabdlities ass
6) Realic ahien
cencant- accsunting ahishavital ucd e
trand achionsTicsds what has hamuntd

Acsaiag axiod encanta busingss OAumaa to CaatinuL

indeiniely 0Lining tha financial paaltien.Ltha
ahenal
MOAiut o Coch such neuals which úa knouun aA
accaundng pexiod
UaLally & ni od o s2 weos or 365 days CBnsiceed ad
pcering ui od.D
Acounting venten

Ahat a.ceunting conuentisn lhuna

Tha Houn CMUnbion imalien Cuakoms s baditions uhich guidethe

atcountantH while pu/lasung the acceunting stademant

Lenuwntion cpnaisleney the suls and prachces Gheuldnot be

ckanged uem timi to time Eg:ha shsckin hda mustbe unluad
0 thu aalk eSoma method un al ha yeaks

Cenienkionoull dicletueuelaakpuom Jagaluquisumnks good

acceunhing alaoidamandstat| all signijhicant intounahien
should disdlesud
eg Kvalue o aasek haue to e staled ke net futtde
alongith Mi mede o valuati on.
daa
Cenuenlion o cenARATaion
alA J
Anhcinahien ouuaJosaea bke aawe foxbad andl
olubtful dabts bu nat tutusuei
oloubtfu and gain ke

Raisen tha valu ostocknd hatwe diseaunt fex

oudito u tha baais ule o CoriaaAhati oh
Alaaaal
Rule oebit Cseditul
Debit Cyedit

a abn uceivea anyhing PNAon gine dnyhing to Mu

om tha buai naas uanads
 anything Cemas ihto the anying g6esout a
buaingas 0 vaue o asAs bsinos o7 v a
increas aosaekdieseaa2a

Uaue iqbiities incxease valua o iabilii-e decr

J
amaunocapikal docruaaos am.eunt anifal
JOcreanes

elanaeuaxe laidn le8 any incem u c ved

aiAcuad
ali
GhOLDENRULES OFal AccoUN TS
Acceunh Aebi Creolit

Raa Alc Debit what Credit uhat

CAMA uh gseut
PeMbenalAlc Debit h a Cxedit the

Nominal Alc Debi all exlanats Credit al

2 logs e incemd gaina
 Tual balance
brlance
Me undex mantionadbalanco pienate a t i a l
A on 3/.3.202o

4,9 00
Caah uin hahd ahea
A
Puxchasta 4,90,000
poning toek , 40,000 ia
Sundsy credito-xs 96,000
A Nashinay 2,40,000
E uoges 64,000
Sale 8, o4,Roo
wwi tue 60,000
A Bills Raeaivoablo oo,s Po,000

80,000
L a tal 9,00,000
L 8ills ayabla R8, 000
A Sundsuy ereditees debter 2,00,000
40,000

FRIAL BtLANtGE

n he pdan Jbataneo 2a

Pahiculasu a Dr(E) Paxiaulas CrC

agh u hand 4800 Sundsuy_crelites g6,00

Puwehaals 4,80,000 Bils ndyable
uning stotk 1,40,000 GaAi hal 4.00.000
Hachi y 2,40,000 Salos 8,04,800
Wage 64,00
tunitut 6o,000
Salau- 800001
Rant 40,000

Stundy eredioes dabtou 2,00/000

13,88,90o 13,99,80o
 alad laidl

m tHa andex mtnhtnd balancas paopava. a

inlbalaneu
3-3 2021

Opening sfuek 85,000

Salaxi 20,000
Sundny okslsns b.0 501000
Oag 16,000aliiua

Sales 2,01 200

Rent lo,000
Gpital 1,00,000
Machiney Gq00D
Swdsy Creditss c a 24,0bo uaA
PuwchaAs 1,20,000
Cash ,200
IS,odo
Bils Aicmivablao 20, O00-e
Bilspayaldae 22,000

Paxctiaula D(F) Pasdieulars C

Aaning shrk 35,600 Sales 2,0l,20

Sundsydobtsru So,000 Caytihal 1,00,Do0
l6,000 Qndey creditos 24,000
Sala e 20,00Bill abla 22,000
Renk Lealthar lo,00o
Hachi nR ,000
Paschaals ,20000
bilsxecarab 20,000
wn hue I5,000 a
L,200iaa
3,147,200 2 3 44,200

god0,
 Taial BalancL usth odjuskmenks
A duo
elleusing ial balanae hau ben pkypaedwngly and you ae xaguisal
to nonare the nal balanee
coukeehy
Poxhulass Pautiaulasa

Salaies 4,106 Sqles 59S60

Bank 6,912 Deiciahi 7S0
Shock 11,389 Exendes 9,443
Reuue or Bad clabts 956 Capital 12,000
Plant dnd Nachintouy lo,100 Disceuntaleuwed 348
Puxchasas 33,189 Rent 6O00
Waga 7,103
SuApunsoAccount 14,409

88,16 88,161

It aACuxinedthat thu folleuing inouah8u omited

Ushule yaing a ial balance

a. pebtosuas8,219&cedits 4,978_have beon.omaiked

b.The bank balance waa bank eueef
C Salaies includod 7 86 }a drauwring?
dPanehas includad T8 tounuds puohau suturn
e. Ma uagea gheuld haue bean7,130as
dhbndraein lloodi

O00S
dpo vol
Jonu Swssh
slAssuyu
 Connacked Tsial Balane

Pavtiaula Pauticulan
J a

Salauiea 332 RaaNe hox bad debts 856

Sleck ll,39 Salaa 59,560
Copual
PlankHachiney lua10,100 Pnchaatretn 12,000
Auuchauss 30,00 Bank ouedrat 6A12
Wagos Deuuiciatien credtos 4,978
Lalagts
Drauinga
exunaes 9,43
Disount allsuedll 378
Runk 6000
Debtoxs 9219

97,595 97,595

Radbtot he follewing ine6Maek ial balancelRaymend ond Co.

Pasiauseta Paxhculaw ahd

Drauings l0,000 Rakwrak eksdsd 4000
Punehaads 20,00D Salo 64,000
Wages apihal 40,000
Puphasa eruun 2000 discea sn sales 2000.
Discounk oh pchalsA 000 Prouiion for bad dlabk 1000

naning dsek 14,000 Blls reeaiuabt 600D

Bills pauble 2,00D Tnicatmank 16,000
loan , takon 8000 Cakunge ouiaxds 1000
COi0geinwaxds 2000 Palen 2000
Cash in hand 1000 TnCema fox 2600
Plant 2000 Goeedioil| 22,000
Rene unol 2000
SusenaeAl 80,000 ,60,00
 Jn ho book
ALL odlolaod
Pawticcalan Podiculaa
opaning steek 4,000 Conital 40,000
PuNchasa 20,000 salea 64/D0
Reun inuanda 4,000 AuMchada. reBuun 2000
waged 6,000 1an 0Lnnal 80,009
Catiage inuaxds 2,000 hils nayabl 2000
Cash I,000 disceuu 0 purehad
Plant 12,000 ProviH on Jor doublylduAk1o00
Drauings 0,000 eAoend 3000
Diccaunt on.sala 1000
Bills acoirabls 6000
UU
Aveatniandt 16000
hcema akiaaad2000S| haduscobs
goeduill 22,000 Aanaa
caxiage oukuard looo
Padends o dan2000
1,20,000 1,20,000

Rachhicatien
)what is an eta

An extast Aamiskako cenmi Hedin he boola aceeun b

tha emnlejoa o an oanisatide Lwthout ony Juho
ExlainH tya euous 9
Th fotleaing axe he dipaank yn
exaN Anehal
Jaclia

aexHA o temmission

esea o dutbitatiena
obo
5)N empeadaion (oe) oh selting es

Rachy th ellbuing exksu

dhoal
Punehasa em Raahidl for Fa00 hau bean omikd to lek
pealed to ha neasne) Alc

Salesto to be Ath. far z 650 haa bean nsaked to i oler

Puxehaaa
debit id em jay fa 750 has beon palked fo H

d) Salu to Sudhakas Jan 460 has beon pestedo hd

Credit has640

aaaaalaad uloiiaaadnlun
Ruchtying suual Enhieal
Dak Paxhuuloua Debit Credit
406.0
Suapona e Alc Or. 9300
T Raakid Ale al 300
LBng ha omissHoo o ewonLad
Cemiled Ireeihied]dd2ina

Ajith Alc dass dr. 90 2

9o
lo 8uAnanse.Alc
LBeing unde dabit
sed 2
s uapana Alc 1,Soo
To vijau Ak 7SOn
ToVijays Alc
LBeing uuYeng en
peaing sachiedI
Sudhakas Ale r 460
SudhakayAl Br 640
OTo upenAL AC ; loo
CBoing oeAg nsAhn
R e k i e d y n g

2 02
 Sabsi dicy Bocks
c tha follewing banaekan in 4he nuehada booka 2021

May Puetasad peu kauitha shoe mot, chennai +06 phees

loo sho@300 each

axng and daliuewing_chasges z2oo

May lo. PuMehaad t m Sh. Shoe Naut Numbai unnat
50 Cu shoes (a 100 each
25 leatha choes T
500 each
DeliueryCabctage 150
Purchage B00k hailHie

Dale Posstiaular Inuoicno.LF Atmsunt TA Amnt

01
May ikautha Shoe Naxt Aunt6r
1ooShoes @z3c0each 30,000
SoBels E S each 3,750
33,7S0
Trad disceunt @lo/.d 3,375
30,3H5
GE Paking Deisey choa 200 30,S15
Nay 10. Sk Shoe Max, Mumbai
50 tut shoel0oeach Sooo
25 leatha shoes @S0o
12,S0o
17,S00
(+)D elbuuy & taukaga I50 4,650

4,225
 Ene theolleuing ransactions in theals book o N/s kumax
andSoacMadhusai 202:1
Aaidalallaoatahjuou Alade
án 10Sold Shani &Co chennai
to
50chael bagr 100 each a Aila
10 haudlling toga@300Teaeh|
eakhade discsunt l 0 . as

ai badilo
Jan 20Sold to Saa &co. Tichys 3

6o.handboagd So each a n i u hada 2

20 Suit taaos @400 each Oo
Sales Rdoh
DUoicLP Amaunt Amsune
Dale Panticula
2021an

Jan 10Shanti& Co. Chenai

SO Stheel bags G 100 eaeh 5,000o
Io bauelligbaga@aboeoeh a3,000

Tado discaunt 800 7,200

Jan 20. Saka &Co. Tnthy

3,000 da
Gohand bags@5o each
20Suit Ca u0o each &.000 l1,000

Sales ACcout 18,200

 Racod he olleuing tanaaetie the Pasehaus book j tlnen
2020 enee
Jan Puehaud pem hivan eluebicals
30
PAillia btetbs tubelight l0D achilaadzal lals

Jan4 hechasd em NR &s6ns

20 mmerasn
haaley F each
5 elocnc iron bor 240 each 2
Jan 15 5
Puwhasd buem Rng4an radio euncaenilau oa
lo
ala ana l8co ach le hods disteut aE I0
20elaehic i kaltas @F g0 each
bake Tui
Parhtulaes EAmeent Amattt
Fur Shitu elesmcots
3t-Philita tubelight-et

RauR 2 Puihaand usm k.c &co

20 elaehhualers lOo
lo eloebicgoes aF2o aad
Jan 30 Puiehadad 8m Biaji Agercies
onsoulelighls@u Ala2
le rads ditunt 5/.|
 PURCHASE BOok dui) Anulo) spe

Dalea Pauuicula o.0o. Ameunt Amaunt

2020 b a a a idauao
Tan i Shivam olaehicols
30Phillipa tubelight @loo 30 00

3 aling fan 24,000 21,000a

8ooeoech
Jan MR & Sens
20 EmmtAen hiakeu@ 2 420
5 eloehic iron box @2uo 200 1620

Tan 15 Raguhan Radio geice

lo table fau 200eneh 12,000
20 elohit ion box(@0m 90 200
800
00 Trada disCAunt 380
Jan 2 k.e& co _
08620lelachic haake@Loo 8000
020 2o elaehic showw i20 L200 9,2.0.0

an 30 Boalaji Agerei
So tubelight @140 7000
Tnde dicceuntjo 6,300
 Shgle Co lumn Gauh book 0 32AAO
N Huasain shaus
Jonuay20
uaineas oith 15,000 on 28Danuay
hLa APpys10,000o no hiö hank lacteunk t abacki o
dasing themanth una a rollau
2018 A
Jen 3Puehaad 90oelh tor cash S0O
2 eld geeda fou ash 950
8 Paid
wage 150
Cepile the imula cah book Hr Husain.

Cash BOck

Dake Racipk
2021
IECah Dale Paynk
20
Jon 20To Capual Alc
IS,000 2 y Balc
T6Salea 950 21 ByPuxehaAo 5D0
29 By uagLA 1So
31By Balc/ 5 300
5,950 IS, 950
Feb1 balante bld 5, 300

AA
 laad dananuls danG
Enkn theollowing runsaehion u a siniglau Colamn nah book
20/3

AugStriuked bualncAs with cash 100

A Punchaatd good tou taah 400 hasd
Aug 8 Shld godds fs ER40
Aug Paiol to Prabhu 7 200 allo Ha2ib
Aug5 Rueced pem BabuH00 ndguaualad
Aug 6. Pajd eht T100
Aso S k gecas toh z500 a wallo auia

Cash Book dnl ot S a

Dake Raceip H LEasDalePaimankECauh
20 duauhaaa 202 ALLot
hug 1 T6.capia Alc I,000 u 26y PuSuehaba Alc 400
Hug 3Sales Alc 840 Aug 6: By rent Ald
Aug 5 To Babu F00 Aa4By Prabu Ale 200
Ag 4 To Salos SOO A 3B Bal cld 2,340

3,040 3,040
Sep inTo balanca. b/d 2,340
 Double Column Cash Book
do
Enk
column
thefslleuing baudetiond in eCash
bookSth
isceun
2019
May:Caah uin hand r o5.000 Au A
May 5 Paid to Raja mani 2,000
disceunt allBud by kim 100 ubo
Hay ubeh fuehand2000 n on
Hay Racaived bem Bilal 1,soo
Distuat allewed 50
May 15 Sold goaols or cosh T2,500
May 2 Paidto Rameah z 175o8
Cisceunt uned 25
Nay 26 Paiol salasiea 7200a
Nay 30- Paio to tax in tull ceHamank k occeurk uhich h
a Credit
balana o dJ, FOD
A J8 A
CASB
Dae
Racaips FLF Distsuu (ouh
2619
May i To balance bla
May 12 To Bilal 25,000
S0 1,Soo
May 5To Salo 2,Soo

50
29, 00p
May 31-70 balance bld 22,425
 2

allaaa aalesHao

3ook

Dae Paumons LF Diccecun Cash

2019
May 5 RojaMani 100 200
N B Puchascs a d 2000
May 22BRanah 25 775
May 26 6y Salai - 200 a
Mady 30 B Ama 600
ay 3/:By bal cld 22,425
225 29,00
 Cauh
aA Boek wh
Shivanandam
Enke th folewing ansactions in
and disceunt cehumnk. 2020

9t 4 agh Baloce ta0o 2200

act 2 ash Sals 4000
sck 3 Credlit sals to Kondaaurami 1200
9er Credt ukchaAN, busm SHh Ram & sons 2t00
Ock 5
Bought gsods o ,800
S odaduanad daon 2 ch discbunt
hi
0CrgPaid sita Ram and bu z 2673 and etaa
hui account
t 15. Cash usithdxauun ax nan8nal esunALA
CE1&DSaw a chague to ulso00
set 25. Paid ehico reat lo
8Ck 2. Paidno th bank 2,S00
0eb 29. Reaied
usn Balo F 4,g0Ja pebtement hA as
500
ack 30- paid Salasues 400
CASH
Dak Recaip LEDi sCeunE
2020 00
Cosh
oc 1
T6 balanea bld dASA 2,200
Oet 2 o Salu Alc
oc 3 Ts Kandaauami o 4,000
24 6
1 6 Bdnk Alc
B 29To Balo 1,S00
20
00 490

Nou T balanea bld 3,356

933
 AbRLuawaa

Book

Dake Paymans LF Disceunt Cash

2020
aeBy fuxtu
ot 085 B Puxelases Poo
att9B Bysia an.&ionu 2 2633
et 15 By drausings Alc 400
oe 2sB rent Alc 7SOu
oet30 Ay salaie y00 l
ock28. ByBak 2,S00
et 3 By Bslance cld 433
8.523
 TRTPLE CoLUNN
CASH 80ok

plava a hae celuno auk hek bom tha followingoma

alane caah uh hand t8,00o and ak banik
So00
Nay Bouight geodi hw Cauh 1g0o
Ond for ehagut
Kay 6 Drew cash uem
2,500
Bank te eltco ue3, 000
Naiy 12 Paid salavi in Caah T130o
Mayl6 Paic to
May 18 Sold geodskumau200o by chequ
tor Cath 6,000
May 22 Paid int bank E 4,S0o
Nog25 Paio sxenk 500
Jntash
Moy2 Paid fam 1,300 in tull selMamant Au accsunt
fo,F5o
Nay 30 Recied fuem Baloa chague E 900 a
alleused um dsceunt E 50.

Dr TRIPLE
COU
Dake Roceins 3 0sCAtCaahos Bauk
021
ay o1. To balanee bld 8,000 6, Do0
Hay06 To Bank Te
300 o
May 1eTa Sals 6,00o
Ha 226 Cash TeJ
4,S00
Hay 30 Balu goo
uay 3To balanc cld

So 1 O0
 aan
XXX

X X

a
DA WCASH BO6k XA2
Cr

Date Paj-mank Dis chuwnt Caah ank

202
Nay oBy Puchaas 1,800 2,S00
Noy 06: By Cah Alc [ej 3,00 o
May 12 1By Salajes Alc ,S0 0
Hay l6 8y kumah 2,000
Haiy 22. By Bank TcC
Hay 2S 18y reat Soo
Nay 29B Ram Alc SO 1,100
Hay 3lB balance cld_ 3,900
So