Ledger@ Account XX

Date

Particular

Amount

Date

Debit

Particular

Amount

Credit

Asset/ Expense (Purchases)/ Drawing Ledger@ Account XX

Date
xx
xx

Particular
Bal b/d
Increase

Amount
xx
xx

Date
xx
xx

Particular
Decrease
Bal c/d

Amount
xx
xx

xx
New
month

Bal b/d

xx

xx

Liability/Revenue (Sales)/ Capital/ Allowance (Provision) Ledger@ Account XX

Date
xx
xx

Particular
Decrease
Bal c/d

Amount
xx
xx

Date
xx
xx

Particular
Bal b/d
Increase

Amount
xx
xx

xx

xx
New month

Bal b/d

xx

Journal Entry
Date

Particular

1. Insert Capital
Date
Particular
xx
Dr asset

Debit

Credit

Debit
xx

Credit

Cr Capital
2. Drawing
Date
Particular
xx
Dr Drawing

xx

Debit
xx
Cr Purchases (stock)/Asset

Credit
xx

3. Expenses paid by cash

Date
Particular
xx
Dr Expenses

Debit
xx
Cr Cash/Bank

4. Purchase an asset by cash

Date
Particular
xx
Dr Asset

xx

Debit
xx
Cr Cash/Bank

5. Acquire an asset on credit

Date
Particular
xx
Dr Asset
Cr HP/Creditor-Asset

Cr Cash/Bank

Cr a/c Payable-Name

Credit
xx

Debit
xx
Cr Revenue

9. Revenue on credit
Date
Particular
xx
Dr a/c Payable

Credit
xx

Debit
xx

8. Revenue received in cash

Date
Particular
xx
Dr Cash/Bank

Credit
xx

Debit
xx

7. Purchase stock on credit

Date
Particular
xx
Dr Purchases

Credit
xx

Debit
xx

6. Purchase stock by cash

Date
Particular
xx
Dr Purchases

Credit

Credit
xx

Debit
xx
Cr Revenue

Credit
xx

10. Stock (sales) return by customer

Date
Particular
xx
Dr Return Inward
Cr a/c Receivable

Debit
xx

11. Stock (purchases) return to supplier

Date
Particular
xx
Dr a/c Payable
Cr Return Outward

Debit
xx

Credit
xx

Credit
xx