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  • Accounting

    Cargado por

    Jayakrishnan Unnikrishnan
    10 vistas2 páginas
    The document appears to be a financial statement or balance sheet for a business. It lists various accounts including opening stock, purchases, sales, returns, expenses like salaries and rent, assets like cash, machinery, furniture, land, and closing stock. Debits total 45,000 and credits total 121,500, with a net profit transferred to capital. Overall it provides an accounting of the financial position of a business over a period through revenue, expenses, assets, and liabilities.

    Descripción original:

    PL ACCOUNT AND BALANCESHEET

    Derechos de autor

    © Attribution Non-Commercial (BY-NC)

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    XLSX, PDF, TXT o lea en línea desde Scribd

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    The document appears to be a financial statement or balance sheet for a business. It lists various accounts including opening stock, purchases, sales, returns, expenses like salaries and rent, assets like cash, machinery, furniture, land, and closing stock. Debits total 45,000 and credits total 121,500, with a net profit transferred to capital. Overall it provides an accounting of the financial position of a business over a period through revenue, expenses, assets, and liabilities.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Descargue como XLSX, PDF, TXT o lea en línea desde Scribd
    Marcar por contenido inapropiado
    10 vistas2 páginas

    Accounting

    Cargado por

    Jayakrishnan Unnikrishnan
    The document appears to be a financial statement or balance sheet for a business. It lists various accounts including opening stock, purchases, sales, returns, expenses like salaries and rent, assets like cash, machinery, furniture, land, and closing stock. Debits total 45,000 and credits total 121,500, with a net profit transferred to capital. Overall it provides an accounting of the financial position of a business over a period through revenue, expenses, assets, and liabilities.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Descargue como XLSX, PDF, TXT o lea en línea desde Scribd
    Marcar por contenido inapropiado
    de 2

    particulers capital purchases sales sales return purchase return opening stock cash in hand salaries rent commission

    received discount earned wages carriage inward creaditors debtors machinery furniture land and building TOTAL clockosing stock

    debti 45000

    Creadit 40500 72000 2000 3000 15000 2200 3050 1250 700 300 1500 500 6000 9000 3000 10000 30000 122500 20000 122500

    add:net profit creaditors

    PARTICULERS opening stock purchases less:purchse return wages carriage inwards g/p cd

    AMOUNT AMOUNT PARTICULERS 15000 sales less:sales return 5000 1500 closing tock 500 68000 90000

    AMOUNT AMOUNT 72000 2000 70000 20000

    45000 3000

    90000

    salaries rent n/p tranfrd to capital TOTAL

    g/p bd 3050 discount earned 1250 commission received 64700 69000 TOTAL

    68000 300 700

    69000

    liabilities cpital add:net profit creaditors

    amount 40500 64700

    amount

    asset

    amount

    amount 2200 3000 10000 30000 20000

    cash in hand machinery 105200 furniture 6000 land and building closing stock

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