Unft-2 3 Bota of Auowting em Towmal — "Touseual ' 24 0 pad sucovcolling tuasacherns ob aud when Recoudiug of Har peas achow a cl “ ead eut trautach end CMe @ fowusol a pele i ee fiat skp in We aceourtivy eyele. fhe proces of sucordinug ty busines’ trausachon (Touual eutuy) is fod a jowenalindag Auouding to Exte. |. kohler , * The Shicel he book of odgtuad ext) in which fuausach'ond cue seecoredeal tau ‘ons not provided for in specialised fomnals.” @ Posdsat of Towural ae cae p Pate. ~ oe ae ore \4) Amount (debit) - ry wlumn number a fu t be debited 4 indicated four Hae Meo 4n column mum but fin Hew 5) Amount (crudit) - csuclited as indicohd quuount to be + Uauifiestion of Recounts * a — 1 Neowin ee ‘rout Raowet fe Hodewe clewification of Acoust 3 ful fou cudit types] fecounsta —— fults Fon Debt © Fox Aue Alc Mince L dectease Lt devuase fF inuuase @ fow Liabilities Ale @ fox Capital Alc {decease T inueate @ Fou Revenue Alc J decrease f jnvuase 4 Pnouase b decrease © fou Expense alefsck LExpeuse t L Lia. [Anvone/Copitl| Y | Exowple s Jowinalizg $e following tuansachen in He fowinal tf Realiabl Ud CPcals vu feu) aud post tune ento Lola account aud prepare Tuiol balance as or Blat Max, 9024 aud Beepasee Tradl uy oud opt 2 low aceounrt aud Bolan Le Mecef @ Raw derted busine wile cork ef kt 560,000. Cask Peporitel Info Bauk di. 40,000. Purchascal P0000 pou OA be. pow few In cake Wages poid ke bobo fu Cate 4 ciol &. 3,000 fn carte aud &. So00 via Myf ae, Bout loan taken ks depoo Purrchas eal velucle of ks. /Sovo in cath bala Expemte eweud &. 6600‘ cattle Sold (soso per B 10k pex fer on eredit to He: Meepaak a Ses sg SSSS% frawpls of Tourval Exdsedes = O Stoked beusiners whe o capital of |, 00,000 “Wm Mi entuy wo be Shown de “Wo wunral’ as Cask ale du 1 . 1 joo To capital ale 1,00, 000 CBcing commentemend Of bus.) ® Ruovchesed Goods He. we tah ¥ Sot /- cous fom woe f° Purchase ale Du, Serrse Te Cask ale a (Being goods purr chase fo cath.) ® Purchased hoods fX 50,000 por Suid 67 audit s fuschase ale px. Soe? To Suid 's ale cae ® Cash Reid fom the Hohan £110 aud Discount faid ¥ lo:- Carte ale du. 0 Prsourt ole” ' pt hes To Hokau!& ae 1,000 (Being cotte Rec. fron Hoon 2 dleoreet allbvoedd © cash fald te Mr Rohan F 1980 and Discount Ruerivel ¥ 20. : fohau's ale Dx 2050 To Cave ale a Te Piscount Revived ale "fe (Bdiag core paid # he fohan b olixcou teived.). © whihduaw = loov by fuoprietox dex ferucnal Use 3. Prawing ale PH. hooo To Bk ale ‘ {ovo ( Béing cork veithdrwe d .© % LEDGER o- =r Heautug aud Depiuilion af edger whouiw all ‘Ledge’ ca de Sued a4 a4 acounhig nok, Nia rie Ferd Ht yuconded tha Tummasdied oud clarified manner: raat alk Under wu bd Wo - book -kexpi Ayahem , cocks pu wh a sugutiud 4 Oe hee ou WL /debit side Ci ont aus rte, on Yue Hight | uot Hele of Airy He aouns* Defi nit en 3- Aecondivy fo Lt. Cropper, Pa book wotlelr tontaint x Unepa wel pecuanet seetopd all te 4uantakiens of 4 busines 4 call. a Ledger * + Paupanation [bocofexma_ of ledger — f Tx prepunen of T Rew’ fo dadyer fpoweie beck bulew = [—ay | Yate Ly nansec ben , z Tru ook bic « duausachon +4 © pate Mion © Panticwlarns - 4p vulats to gubject matter of. ee gyansarhon ee @o Spinal dali (al boas dr tie columut 1a Sia Na pte of the Tow t.’Démourt - dee Hu volun monta. id or secetved cluning. Ho Loree th rs * Vi flounee Betweee Towseral aul Ledger i Bente @ Natwut 4 Book ait Oecpap @ ser, c Recduobt 4 @ bbject © dalestoy Tpuwnal Lady Th ae dpe os Hee hu dered a prt rated ex| Bet 0 i : td ah, oF a. subg | Wee prey oS Sie, Lf ibione ia haben fg fhe tale Transa hors: els. hes ull i sag tn. tle feast Sig |e aa a dans en. yee obi s a St Je prapared hte tae | gd be prapargd, oie it a me: echt oh Y pysines $e) Kors Ty vascious In @ obey Plawsaep om ae base: is apeife alo: ‘a 44 no wn 4 Gan dad iad 40 viel wing me Lou aes pced pocicctically ot* Tera Bauawce 5 Ber at or cs nate make al Rleuaeg— Ny ents P in Yue brok- Fe pie Aydt “e oa ode dbit sede bop a Tutal Balaue’ Auct’ expenses " eceounds appear, wbvuos eri 1 eet side 'Liabilibu' , capital 2 tnearnn aur Bren end vudil baler Fi ei as Tt as, provided 3 ss he ie Witaeded% feofosm a oy Dual Balance s— Tidal Below (iA OR ccs ces farcti clases LP Du F) CHlF) Beal Balauce s$- ¥ Lovo in_ deat*e Wich Caumot be Traced by a Trial O Lovo Privcetple 2 Ay eruor of podciple we At gwoott whitch violas Hu et of book Keepin . Fon instance , prorchase of furrihon in debiesl to Pwcokose Aecour, ind oe furcerifot Recount Wis ex of corm do not affect dtu, total debit it ‘ch bud affect fat al od book - buspives. @ bseons of Oudasion 2 Ya busines tausaction uw eacbively yt out | being, stecoroled in Wt poceasey boots aheuut, slch an wun vu teed: as He “error 64 Ourission.” Compunseting Bretons £ Tay auc suulliple uryelated ae et could tdivi ddally Lad fo 04 tnabalacee, but topeter cau tu oat ef tach ofuy. : i mn type of eon ue Lose wullifies Ha wottoney eyet of wee aleecady takur place Ranieeutt involved In dutch vooru inclolentally Mappers to be His saree @ evn + Comméssibnnr 2 Emons of Cents gl ore he a type of Uvetead woo Hot happes whee a mithake Le omnaited by Me luck 1 sevording of teausachors ja Hg book ao The follow jh aE oe Cau© dcomuct toad biveg of Wee Aubsidiany books © Posh uu den hice jou dee Adee aout . fos Huy Ww quwuut In Hu copeust- sik he wecout: . & Posting of court aueouub MM HE word side 4 Ce xceourt* Mequiug aud Pefivition v Trading Aecouut: The tuadivg accout f au ongorisabon sarveaks oth 908s profit on Poss. i Ho nufidd tue seseld of buyiug aud sbi | ae aud Acmviceds , i, ‘as We bane Ongaraia ation oleals lending « teadig pecdod According to TR Batdiboi , "Tu tradiug eccousk Heows Hua seseles of buying aud. “eh of i l unt aA goods mh pepe Uw ae » Me i ot ( ! aK oct oblishureut ae , Pe bien Wee dear athorn i => fuofanma oF Teadlivg feccount — Tracing Reco wat Cho Het fun ending asst.) By Uosivg Hock by habs CH Sots Rete / Retour gnrworrel ©) Pochase feb Te Coron on Pucchase ot To Wh Keaton expen By Cuwoas. = To Coal’, Cas ek tae to To fuel Profit & Loas ale To Dinecd expetses CH debit aida da coudit side) To Power ox nuotit fies ate To fu ckii t foil te f “ve ots fet - Tant- a sa; H hi b Defuition of of Puofit aud Loss sa o oe i, mn Oe es. undertakes b Ale s— acti vibe, oh y ity ust th “% de My re (fess HILL ver ae hale bef ee pete Lec Pesetoo . Auondiug to Canhr , Le Lette 4 account into ustich pes ace Horses ase collreteol Hue ius a Wu Apsses o fe excers ei L puopit ia ee ieee: i ee Lypanee wa Hu at Loss * Yianee ise, Ta ave _tuapit [L0es ale 3 Basis ae. Auount Puspit 2 Loas = ti DC ee rally i olecas on 4} irik ale eopit a haratis al Bimuil ation dusty a au x acdouuuciviy period oy adoussh fp ’ Dtewpen- | Trading ale u Hu fa 7 Hu fuancial Atabeiount- StL Losk account dt yu second part— Pauticalora mi os Pp ce ; Dek CTuavssfouned, (| Bg at “TBy Go aa puopil 4 Cy auc) | Braengfoe a Mori lanies on caged card ) To Reed, Baba £ tyes By Inhexeat Received To bjfice Expenses By Aut Roce To Heacellarteous tp By Discount Received To Hrgwcatee, By Commission Receta % slatonesd Jo furubuy 24 Station Te Telep ere Cxpense To i © Repaios £ kesuswal 4 me i To Dikini buble “ta Resort xperrtd th Tabi ie mavallieg exp a , To lewucal C3 fe Selling Experts yy Net boas Cine To Rudit Pe feud fe ae Te Bicveunt allo we To Ce 1 a ba othe of To Depreciation by prop “er alt To Lom mission 5 Net Let caged p +o et XXX* Balance thet 3— Definition of Balance sbuet 2 Acconding to Pruman, “nA Balaee struct te ow Theme-wsise Lit of auetr, Liabilibir arrol ecpetetes ee of a busines at a cudaiw dak. ee ee nae ae on isadion is a Statentent ey BEOE ibectead ty tf Coseetd. sweat at 4 owe CUabilif ex ) t, ovtwu as en & Apecific dak C Hu last dah of an Bee ee 7 Uecbi tibes Capitol