In the books of Diane Bish

Ledger
Capital A/C Bank A/C
Debit (Dr) Credit (CR) Debit (Dr) Credit (CR)
01/08 bank 01/08 Capital ₵31,000 03/08 fixtures and
₵31,000 fittings ₵4,600
31/08 Bal c/d 35000 01/08 Cash ₵4,000 21/08 Rent Income 241/08 Van ₵16,400
₵480
₵35,000 ₵35,000 31/08 bal c/d 10,480
01/09 Bal b/d 35000 ₵31,480 ₵31,480
01/09 Bal b/d 10,480
Cash A/C
Debit (Dr) Credit (CR) Debit (Dr) Credit (CR)
01/08 Capital 10/08 Rent Expense ₵800
₵4,000
05/08 Sales ₵600 12/08 Stationery Expense
₵180
30/08 Wages ₵1,220
31/08 Drawings ₵1,020
31/08 bal c/d ₵1380
₵4600 ₵4600
1/09 bal b/d ₵1380

Purchase A/C Cliff A/C

Debit (Dr) Credit (CR) Debit (Dr) Credit (CR)
02/08 Cliff ₵1,160 31/08 bal c/d ₵2400 18/08 Purchases 02/08 Purchases ₵1,160
Returns ₵164
06/08 Bells 1,300 31/08 bal c/d 996
₵2400 ₵2400 ₵1,160 ₵1,160
1/09 bal b/d ₵2400 1/09 bal b/d 996

Fixtures and Fittings A/C Sales A/C

Debit (Dr) Credit (CR)
Debit (Dr) Credit (CR) 31/08 bal c/d 3800 05/08 cash ₵600
03/08 Bank ₵4,600 31/08 bal c/d 4600 23/08 Coat ₵3,200
4600 4600 ₵3,800 ₵3,800
1/09 bal b/d 4600 1/09 bal b/d 3800

Bells A/C Rent A/C

Debit (Dr) Credit (CR) Debit (Dr) Credit (CR)
31/08 bal c/d₵1,300 05/08 Purchases ₵1,300 10/08 Cash ₵800 21/08 Bank ₵480
31/08 bal c/d 320
₵1,300 ₵1,300 ₵800 ₵800
1/09 bal b/d ₵1,300 1/09 bal b/d320
 Stationery A/C Return outward or Purchases Returns A/c
Debit (Dr) Credit (CR) Debit (Dr) Credit (CR)
12/08 Cash ₵180 31/08 bal c/d₵180 31/08 bal c/d ₵164 18/08 Cliff ₵164

₵180 ₵180 ₵164 ₵164

1/09 bal b/d₵180 1/09 bal c/d

Coat A/C Van A/c

Debit (Dr) Credit (CR) Debit (Dr) Credit (CR)
23/08 Sales ₵3,200 31/08 bal c/d₵3,200 24/08 Bank ₵16,400 31/08 bal c/d

₵3,200 ₵3,200 ₵16,400 ₵16,400

1/09 bal b/d₵3,200 1/09 bal b/d

Wages A/C Drawings A/C

Debit (Dr) Credit (CR) Debit (Dr) Credit (CR)
30/08 Cash ₵1,220 31/08 bal c/d1,220 .31/08 Cash ₵1,020 31/08 bal c/d₵1,020
₵1,220 ₵1,220 ₵1,020 ₵1,020
1/09 bal c/d1,220 1/09 bal b/d₵1,020

Trial balance as at 31 August 2017

Account Debit Credit

Bank ₵10,480
Cash ₵1,600
Cliff (Payable) ₵996
Bells (Payable) ₵1,300
Coat (Receivable) ₵3,200
Capital ₵35,000
Drawings ₵1,020
Purchases ₵2,296
Purchases Returns ₵164
Sales ₵3,800
Rent Income ₵480
Rent Expense ₵800
Stationery Expense ₵180
Wages Expense ₵1,220
Fixtures and Fittings ₵4,600
Van ₵16,400
Total ₵40,776(41316) ₵40,776