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  • Accounting Project - The Double Entry + Balancing Off + Trial Balance - Hawra Mohammed

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    hawra.mo
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    This document contains accounting records and ledger entries for MyFitnessFriend company. It includes transactions between January 2023 to January 2024 that debit and credit various accounts like bank, capital, equipment, rent, marketing etc. It also contains trial balance as of December 2023 that shows total debits equal to total credits.

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    Accounting Project - The double entry + Balancing off + Trial Balance - Hawra Mohammed (1)

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    This document contains accounting records and ledger entries for MyFitnessFriend company. It includes transactions between January 2023 to January 2024 that debit and credit various accounts like bank, capital, equipment, rent, marketing etc. It also contains trial balance as of December 2023 that shows total debits equal to total credits.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    3 views25 pages

    Accounting Project - The Double Entry + Balancing Off + Trial Balance - Hawra Mohammed

    Uploaded by

    hawra.mo
    This document contains accounting records and ledger entries for MyFitnessFriend company. It includes transactions between January 2023 to January 2024 that debit and credit various accounts like bank, capital, equipment, rent, marketing etc. It also contains trial balance as of December 2023 that shows total debits equal to total credits.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 25

    MyFitnessFriend

    Company
    Created by : Hawra Mohammed
    Ledger Account
    Transactions Account debited Account credited

    Jan 4 Bank Account capital account

    Feb 15 Equipment account Ahmed account

    Mar 10 Fatima account Sales account

    Apr 7 Purchases account Zain account

    May 3 Return Inwards account Fatima account

    Apr 17 Zain account Return Outwards account


    Ledger Account
    Transactions Account debited Account credited

    Jun 9 Bank account Ali account

    July 1 Drawings account Bank account

    Jan 3 Rent account Bank account

    Mar 2 Equipment repairs account Bank account

    May 20 Marketing Account Cash account


    General Ledgers
    Capital Account
    Date Details Amount Date Details Amount

    Jan 4, 2023 Bank 10000


    Account
    Dec 31, Balance CD 10000
    2023
    Total 10000 10000

    Jan 1, 2024 Balance BD 10000


    Equipment repair Account
    Date Details Amount Date Details Amount

    Mar 2, 2023 Bank 1000


    account
    Dec 31, Balance CD 1000
    2023
    Total 1000 1000

    Jan 1, 2024 Balance BD 1000


    Cash Account
    Date Details Amount Date Details Amount

    May 20, Marketing 3000


    2023 account

    Dec 31, Balance CD 3000


    2023
    Total 3000 3000

    Jan 1, 2024 Balance BD 3000


    Marketing Account
    Date Details Amount Date Details Amount

    May 20, Cash 3000


    2023 account

    Dec 31, Balance CD 3000


    2023
    Total 3000 3000

    Jan 1, 2024 Balance BD 3000


    Drawings Account
    Date Details Amount Date Details Amount

    July 1, 2023 Bank 1500


    account
    Dec 31, Balance CD 1500
    2023
    Total 1500 1500

    Jan 1, 2024 Balance BD 1500


    Rent Account
    Date Details Amount Date Details Amount

    Jan 3, 2023 Bank 30000


    account
    Dec 31, Balance CD 30000
    2023
    Total 30000 30000

    Jan 1, 2024 Balance BD 30000


    Equipment Account
    Date Details Amount Date Details Amount

    Feb 15, Ahmed 5000


    2023 account
    Dec 31, Balance CD 5000
    2023
    Total 5000 5000

    Jan 1, 2024 Balance BD 5000


    Bank Account
    Date Details Amount Date Details Amount

    Jan 3, 2023 Rent account 30000

    Jan 4, 2023 Capital 10000 Mar 2, 2023 Equipment 1000


    account repair account
    Jun 9, 2023 Ali account 300 July 1, 2023 Drawing 1500
    account
    Dec 31, 2023 Balance CD 22,200

    Total 32500 32500

    Jan 1, 2024 Balance BD 22200


    Sales Ledgers
    Sales Account
    Date Details Amount Date Details Amount

    Mar 10, Fatima 500


    2023 account
    Dec 31, Balance CD 500
    2023
    Total 500 500

    Jan 1, 2024 Balance BD 500


    Return in Account
    Date Details Amount Date Details Amount

    May 3, 2023 Fatima 500


    account
    Dec 31, Balance CD 500
    2023
    Total 500 500

    Jan 1, 2024 Balance BD 500


    Ali Account
    Date Details Amount Date Details Amount

    Jun 9, 2023 Bank 300


    account
    Dec 31, Balance CD 300
    2023
    Total 300 300

    Jan 1, 2024 Balance BD 300


    Fatima Account

    Date Details Amount Date Details Amount

    Mar 10, Sales 500 May 3, 2023 Return 500


    2023 account Inwards
    account
    Total 500 500
    Purchase Ledgers
    Return out Account
    Date Details Amount Date Details Amount

    Apr 17, 2023 Zain account 200

    Dec 31, Balance CD 200


    2023
    Total 200 200

    Jan 1, 2024 Balance BD 200


    Purchase Account
    Date Details Amount Date Details Amount

    Apr 7, 2023 Zain account 2000

    Dec 31, Balance CD 2000


    2023
    Total 2000 2000

    Jan 1, 2024 Balance BD 2000


    Zain Account
    Date Details Amount Date Details Amount

    Apr 7, 2023 Purchase 2000


    account
    Apr, 17, 2023 Return 200
    outwards
    account
    Dec 31, 2023 Balance CD 1800

    Total 2000 2000

    Jan 1, 2024 Balance BD 1800


    Ahmed Account
    Date Details Amount Date Details Amount

    Feb 15, Equipment 5000


    2023 account
    Dec 31, Balance CD 5000
    2023
    Total 5000 5000

    1 Jan, 2024 Balance BD 5000


    Trial Balance
    Account Dr (BD) Cr (BD)
    Capital 10000
    Zain account 1800
    Ahmed account 5000
    Bank account 22200
    Purchase account 2000
    Equipment account 5000
    Fatima account 500 500
    Sales Account 500
    Return out account 200
    Trial Balance
    Account Dr (BD) Cr (BD)
    Return inwards account 500
    Rent account 30000
    Drawings 1500
    Ali account 300
    Marketing account 3000
    Cash account 3000
    Equipment repair account 1000
    Total 43,500 43,500
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