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‡ 1.2. Financial Accounting 100 marks
‡ COURSE CONTENTS

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DEBIT - THE RECEIVER
CREDIT ± THE OIVER

REAL ACCOUNT
DEBIT ± WHAT COMES IN
CREDIT ± WHAT OOES OUT

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DEBIT ± ALL EXPENSES & LOSSES
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1 ', 0, '007 (.|!F  1 1' s00

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DR. Plant & Machinery Account CR.
Date Particulars oF Amount Date Particulars oF Amount
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‡ DR. BALANCES ‡ CR. BALANCES
1. Drawings 1. Capital A/c
2. Sundry Debtors 2. Sundry Creditors
3. Bills Receivable 3. Bills Payable
4. Bank 4. Bank Overdraft
5. Loans Oiven 5. Loans Taken from
6. Deposits Oiven 6. Deposits Taken from
7. Advances Oiven 7. Advances Taken from
8. Cash A/c 8. Sales
9. Assets A/c 9. Return Outwards
10. Purchases 10. Income & Oains
11. Return Inwards
12. Opening Stock
13. Expenses & Losses
5 
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‡ TOPIC
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