EXAMPLE 17
1 April 2005 to 14 April 2005
- Opened Account in Bank 25000
- Bought Goods and Paid by Cheque 2600
- Purchase Furniture and Paid by Cheque 4000
- Sold Goods to Mohan 1500
- Cheque Received from Mohan
- Mohan’s Cheque Deposited into Bank
- Paid Rent 2000
- Cheque Issued to Ritesh 4000
- Deposited into Bank 3000
- Issued a Cheque for Rs. 2960 to Kapil and Received Rs. 40 as Cash Discount
- Withdrew Rs. 3000 for Personal Use and Rs. 5000 for Office Use from Bank
- Purchase Stationary and Paid by Cheque
- Goods Sold to Kumar 7000
- Received a Cheque for Rs. 6970 from Kumar in full Settlement and Deposited into Bank on the same day.
EXAMPLE 18
1 April 2005 to 17 April 2005
- Goods Sold for Cash to a Customer for Rs. 15000 and Collected 8% Sales Tax
- Purchase a Almirah for Business Use for Rs. 8000
- Purchased Postcards Rs. 25, Envelops Rs. 50 and Postal Stamp Rs. 100
- Sold Goods to Babulal for Rs. 5000
- Goods returned by Babulal for Rs. 500
- Received from Babulal Rs. 4000 in Full Settlement.
- Received an Order from Akash for Rs. 5000
- Purchase a Horse for Rs. 12000
- Received an Order for Goods Rs. 1500 from Sohan and Received Rs. 300 as an advance
- Given as Charity – Cash Rs. 300, Goods Rs. 200 and Furniture Rs. 400
- Insured Goods of Rs. 4000 Destroyed by Fire and Insurance Company Accepted Full Claim
- Proprietor took a loan for Business Rs. 100000 from Bank
- Sold Goods to Suresh for Rs. 8000
- Suresh Became Insolvent and Payment was Received @ of 75 Paise in a Rupees as Final Payment.
- Paid Expenses – Stationary Rs. 500, Interest Rs. 300 and Advertisement Rs. 600
- Sold Goods to Girish Rs. 8000, Allowed 5% Trade Discount
- Withdrew for Personal Use from Business Goods Rs. 500 and Cash Rs. 1000
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