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  • Asset Liability Expenses Income Owner's Capital

    Загружено:

    amitmehta29
    33 просмотров1 страница
    This document shows the trial balance of a business on January 30th. It lists assets, liabilities, expenses, income, and owner's capital accounts with their debit and credit amounts. Transactions throughout the month are recorded, including purchases and sales of supplies, rent and cost of goods sold expenses, cash receipts and payments, and owner drawings. The trial balance totals are provided to show the equality of debits and credits.

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    class work

    Оригинальное название

    answers

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    This document shows the trial balance of a business on January 30th. It lists assets, liabilities, expenses, income, and owner's capital accounts with their debit and credit amounts. Transactions throughout the month are recorded, including purchases and sales of supplies, rent and cost of goods sold expenses, cash receipts and payments, and owner drawings. The trial balance totals are provided to show the equality of debits and credits.

    Авторское право:

    © All Rights Reserved
    Скачайте в формате XLS, PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    33 просмотров1 страница

    Asset Liability Expenses Income Owner's Capital

    Загружено:

    amitmehta29
    This document shows the trial balance of a business on January 30th. It lists assets, liabilities, expenses, income, and owner's capital accounts with their debit and credit amounts. Transactions throughout the month are recorded, including purchases and sales of supplies, rent and cost of goods sold expenses, cash receipts and payments, and owner drawings. The trial balance totals are provided to show the equality of debits and credits.

    Авторское право:

    © All Rights Reserved
    Скачайте в формате XLS, PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    из 1

    Asset Liability Expenses Income Owner’s Capital

    1 Supplies 60000 A/c payable-Amit 60000


    2 Cash 200000 Capital 200000
    3 Cash -5000 Rent 5000
    3 A/c receivable-Shamit 10000 Sales 10000
    Supplies -9000 COGS 9000
    7 Supplies 3000 A/c payable-Preetam 3000
    9 Supplies 2000 A/c payable-Manu & co. 2000
    12 A/c receivable-Sharad 10000 Sales 10000
    Supplies -9000 COGS 9000

    18 A/c receivable-Shamit -300 Sales-Returns -300


    Supplies 270 COGS -270

    19 A/c receivable-Sharad -200 Sales-Returns -200


    Supplies 180 COGS -180
    19 cash 9702 Discount 98
    A/c receivable-Sharad -9800
    26 A/c receivable-Poonam Stores 10000 Sales 10000
    Supplies -9000 COGS 9000
    26 Cash -1500 A/c payable-Manu & co. -1500
    26 Cash -1500 A/c payable-Preetam -1500
    27 Cash 9700
    A/c receivable-Shamit -9700

    27 Cash -3000 LIC-Drawings -3000

    27 A/c receivable-Poonam Stores -2000 Sales-Returns -2000


    Supplies 1800 COGS -1800
    30 Supplies 1350 A/c payable-Nayan 1350
    30 Bank -5000 Drawings -5000

    193002 3350 29848 27500 192000

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