Journal Ledger Cash Book (1)

Session 3 Journal Ledger Cash Book 1. Issue of share capital

2Purchase of furniture and equipment Rs. 30 mio 3. Purchase of goods Cash 50 million Credit 50 Million 4. Sales of Goods Cash 100 Million Credit 80 Million 5. Salaries paid in cash Rs. 50 million

100

Journal Entries Date

Particulars

Voucher No.

Dr. Amount Rs.

1 Bank Bank A/C Dr. Equity Share Capital A/c Cr. (1)

100 100

2 Furniture & Equipment A/c Dr. (2) Bank A/c Cr.

30

3 Purchases A/c Dr (3) Bank A/c Cr Trade Payable A/c Cr (4)

100

4 Bank A/c Dr Trade Receivables A/c Dr (5) Sales A/c Cr (6)

100 80

5 Salaries A/c Dr (7) Bank A/c Cr

Ledger Accounts Dr. (1) Equity Share Capital A/c Date Particulars To Balance c/d credit balance

50

Amount Date 100

100 (2) Furniture & Equipment Dr.

Date

Particulars To Bank

Amount Date 30

30 (3) Purchases Account Dr. Date

Particulars To Bank To Trdae Payable

Amount Date 50 50

100 Dr. Date

(4) Trade Payable A/c Particulars To Balance c/d credit balance

Amount Date 50

50 (5) Trade Receivable A/c Dr. Date

Particulars To Sales

Amount Date 80

80 (6) Sales A/c Dr. Date

Particulars To Income Statement

Amount Date 180

180 (7) Salaries A/c Dr. Date

Particulars To bank

Amount Date 50

50

Cr. Amount Rs.

100

30

50 50

180

50

Particulars By Bank

Cr. Amount 100

100 Cr.

Particulars By Balance c/d debit balance

Amount 30

30

Cr. Particulars Amount By Income Statem 100 debit balance

100

Particulars By Purchase

Cr. Amount 50

50

Particulars By Balance c/d debit balance

Cr. Amount 80

80

Particulars By Bank

Cr. Amount 100

By Trade Receivab

80

180

Cr. Particulars Amount By Income Statem 50

50

JOURN Date Particulars 2017

Jun-01

Cash A/c To Capital A/c

Jun-02

Aircraft A/c To Cash A/c To Notes Payable A/c

Jun-04

Rent A/c To Cash A/c

Jun-15

Accounts Receivable A/c. D To Aerial Photography Revenue A/c

Jun-15

Salaries A/c

D To Cash A/c

Jun-18

Maintenance Expenses A/c. To Cash A/c

Dr 

Jun-25

Cash A/c To Accounts Receivable A/c

Jun-30

Accounts Receivable A/c. D To Aerial Photography Revenue A/c

Jun-30

Salaries A/c. To Cash A/c (Being the salaries given to employee

Jun-30

Fuel Expenses A/c. To Accounts Payable A/c

D

Jun-30

Dividends A/c To Dividend Payable A/c

D

Total

LED Dr. Date Jun-30

Dr. Date Jun-02 Jun-02

Dr. Date Jun-30

CAP Particulars To Balance c/d

A Particulars

To Cash A/c To Notes Payable A/c

NO Particulars To Balance c/d

Dr. Date Jun-04

Dr. Date Jun-15 Jun-30

Particulars

To Cash A/c

ACCOU Particulars To Accounts Receivable A/c To Accounts Receivable A/c

Dr. Date

Jun-30

Dr. Date Jun-15 Jun-30

Dr. Date Jun-18

AERIAL PHO Particulars

By Balance c/d

Particulars

To Cash A/c To Cash A/c

MAINTE Particulars

To Cash A/c

Dr. Date Jun-30

FU Particulars To Accounts Payable A/c

Dr. Date Jun-30

Particulars To Balance c/d

Dr. Date Jun-30

Particulars To Dividends Payable A/c

Dr. Date Jun-30

Dr. Date

ACCO

DIVID Particulars To Balance c/d

Particulars

Jun-01 Jun-25

To Capital A/c To Accounts Receivable A/c

L ENTRIES mount ($

Amount ($)

Dr.

Cr.

oucher No. -

-

-

-

-

-

60,000 -

-

220,000 -

-

2,500 -

-

8,320 -

-

5,880 -

-

60,000

40,000 180,000

2,500

8,320

5,880

1,890 1,890

-

-

-

4,910 -

-

16,450 -

-

6,000 -

-

4,910

16,450

6,000

-

-

2,510 -

-

2,000 -

-

2,510

2,000

330,460

330,460

ER ACCOUNTS ITAL STOCK A/C Amount ($) Date 60,000 Jun-01

Particulars By Cash A/c

60,000

60,000

IRCRAFTS A/C Amount ($) Date Particulars 60,000 140,000 6/1/1930 By Balance c/d 200,000

ES PAYABLE A/C Amount ($) Date 140,000 Jun-02 140,000

Cr. Amount ($) 60,000

Cr. Amount ($)

200,000 200,000

Particulars By Aircraft A/c

Cr. Amount ($) 140,000 140,000

RENT A/C Amount ($) Date 2,500 Jun-30

Particulars By Balance c/d

200,000

Cr. Amount ($) 2,500 200,000

TS RECEIVABLE A/C Amount ($) Date Particulars 8,320 Jun-25 By Cash A/c 16,450 Jun-30 By Balance c/d 24,770

Cr. Amount ($) 4,910 19,860 24,770

OGRAPHY REVENUE A/C Cr. Amount ($) Date Particulars Amount ($) 8,320 Jun-15 By Accounts Receivable A/ 24,770 Jun-30 By Accounts Receivable A/ 16,450 24,770

ALARIES A/C Amount ($) Date 5,880 6,000 Jun-30

24,770

Particulars

By Balance c/d

11,880

ANCE EXPENSES A/C Amount ($) Date Particulars 1,890 Jun-30 By Balance c/d

Cr. Amount ($)

11,880 11,880

Cr. Amount ($) 1,890

1,890

1,890

L EXPENSES A/C Amount ($) Date 2,510 Jun-30

Particulars By Balance c/d

2,510

2,510

NTS PAYABLE A/C Amount ($) Date Particulars 2,510 Jun-30 By Fuel Expenses a/c 2,510

Cr. Amount ($) 2,510 2,510

IVIDENDS A/C Amount ($) Date 2,000 Jun-30

Particulars By Balance C/d

2,000

Cr. Amount ($) 2,000 2,000

NDS PAYABLE A/C Amount ($) Date Particulars 2,000 Jun-30 By Dividends a/c 2,000 CASH A/C Amount ($)

Cr. Amount ($) 2,510

Cr. Amount ($) 2,000 2,000

Date

Particulars

Cr. Amount ($)

60,000 4,910

64,910

Jun-02 Jun-04 Jun-15 Jun-18 Jun-30 Jun-30

By Aircrafts A/c By Rent A/c By Salaries A/c By Maintenance Expenses A By Salaries A/c By Balance c/d

40,000 2,500 5,880 1,890 6,000 8,640 56,270

Journal Entries Date 1

2

3

4

5

6

7

8

9

Ledger Accoun Dr. Date

Dr. Date

Dr. Date

Dr. Date

Dr. Date

Dr. Date

Dr. Date

Dr. Date

Dr. Date

Dr. Date

Dr. Date

Dr. Date

Particulars Cash A/c Dr Equity Share Capital Cr(1)

Dr. Vouche Amount No. Rs. 48000

Land & Building Dr(2) cash A/C Cr Note payables Cr(3)

300000

Medical Equipment Dr(4) Cash A/c Cr

156000

Office fixtures and Equipment Dr(5) Cash A/c Cr Trade payables Cr(6)

60000

Office supplies Dr(7) Cash A/c Cr

6000

Cash A/C dr Account Receivables Dr(8) Veterinary Service Revenue Cr(9)

2280 360

Advertising Expense Dr(10) Cash A/C Cr

480

Cash A/C Dr Account receivables Cr

120

Salary Expense Dr (10) Cash A/c Cr

ts (1) Equity Share Capital A/c Particulars To Balance c/d

3360

Amount Date 48000

48000 (2) Land and building Particulars To Cash To Notes payables

Amount Date 120000 180000

300000 (3) Note Payables Particulars To Balance c/d

Amount Date 180000

180000 (4) Medical & Equipment Particulars To Cash

Amount Date 156000

156000 (5) Office fixtures and Equipment Particulars To Bank A/c To trade payables

Amount Date 24000 36000

60000 (6) Trade payables Particulars To Balance c/d

Amount Date 36000

36000 (7) Office supplies Particulars To Cash A/c

Amount Date 6000

6000 (8)Account Receivables Particulars To vetenary service account

Amount Date 360

360 (9)vetenary service account Particulars To balance c/d

Amount Date 2640

2640 (9)Advertising expense Particulars To cash a/c

Amount Date 480

480 (9)Salary Expense Particulars To cash a/c

Amount Date 3360

3360 (9)Cash Account Particulars To equity share capital to vetenary service revenue To accounts receivable to balance c/d

Amount Date 48000 2280 120 151440

201840

Cr. Amount Rs. 48000

120000 180000

156000

24000 36000

6000

2640

480

120

3360

Particulars By Cash

Cr. Amount 48000

48000

Particulars By balance c/d

Cr. Amount 300000

300000

Particulars By Land & building

Cr. Amount 180000

180000

Particulars By balance c/d

Cr. Amount 156000

156000

Particulars By Balance c/d

Cr. Amount 60000

60000

Cr. Particulars Amount By office fixtures and equi 36000

36000

Particulars by balance c/d

Cr. Amount 6000

6000

Particulars by balance c/d by cash A/c

Cr. Amount 240 120

360

Particulars by cash A/c by account receivables

Cr. Amount 2280 360

2640

Particulars by income statement

Cr. Amount 480

480

Particulars by income statement

Cr. Amount 3360

3360

Particulars by land and building by medical equiment by office ,fixtures A/c by ofice supplies by advertising expense

Cr. Amount 12000 156000 24000 6000 480

by salary expense

3360 201840

Journal Entries Date Particulars 1 Cash A/c Dr Equity Share Capital Cr(1)

Dr. Voucher Amount No. Rs. 1500

2 Office supplies a/c Dr(2) Accout payables Cr(3)

100

Mowing Equipment Dr(4) 3 Cash A/c Cr notes payable (5)

2000

4 Fuel Expense Dr A/c(6) Cash A/c Cr

25

5 Account receivables A/c Dr(7) Mowing revenue A/c Cr(8)

150

6 Account Receivables Dr Mowing revenue A/c Cr

200

7 Salary Account Dr(9) Cash A/C Cr(10) Ledger Accounts Dr. (1) Equity Share Capital A/c Date Particulars To Balance c/d

80

Amount Date 1500

1500 Dr. Date

(2) Office supplies Particulars To account payables

Amount Date 100

100 Dr. Date

(3) Account payables Particulars To balance c/d

Amount Date 100

100 Dr. Date

(4) Mowing Equipment Particulars To cash To note payables

Amount Date 400 1600

2000 Dr. Date

(5) Note Payables Particulars To balance

Amount Date 1600

1600 Dr. Date

(6) Fuel Expense Particulars To cash

Amount Date 25

25 Dr. Date

(7) Account receivables Particulars To mowing revenue to mowing revenue

Amount Date 150 200

350 Dr. Date

(8) Mowing Revenue Particulars To income statement To income statement

Amount Date 200 150

350 Dr. Date

(9) Salary Particulars To cash

Amount Date 80

80 Dr. Date

(9) Cash A/c Particulars to equity share capital A/c

Amount Date 1500

1500

Cr. Amount Rs. 1500

100

400 1600

25

150

200

80

Particulars By Cash

Cr. Amount 1500

1500

Particulars by balance

Cr. Amount 100

100

Particulars by office supplies

Cr. Amount 100

100

Particulars by balance

Cr. Amount 2000

2000

Particulars by mowing equipment

Cr. Amount 1600

1600

Particulars by income statement

Cr. Amount 1600