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ledger accounts DR particulars computers a/c To bal b/d

CR amt particulars amt 150000

150000 By bal c/d

150000

150000

office equipment a/c To bal b/d

90000 By bal c/d

90000

90000 office supplies a/c To bal b/d

90000

39700 By off supplies exp a/c By bal c/d 39700

12400 27300 39700

debtors a/c To bal b/d

17100 By bal c/d

17100

17100

17100

cash a/c To bal b/d

9400 By bal c/d 9400

9400 9400

B/R a/c To bal b/d

34000 By bal c/d

34000

34000 prepaid rent a/c To bal b/d

34000

120000 By rent a/c

120000

120000

120000

creditors a/c To bal c/d

31000 By bal b/d

31000

31000 unearned revenue a/c To revenue from services a/c To bal c/d

31000

14000 By bal b/d 14000 28000

28000

28000

share capital a/c To bal c/d

200000 By bal b/d

200000

200000

200000

dividend a/c To bal b/d

15000 By bal c/d

15000

15000

15000

revenue from services To bal c/d

409200 By bal b/d By acc fee revenue a/c By unearned revenue a/c

333200 62000 14000

409200

409200

ADJUSTED TRIAL BALANCE particulars Computer office equipment office supplies

amt(DR) amt(CR) 150000 90000 27300

debtors cash bills receivable creditors unearned revenue share capital dividend revenue from services salaries electricity telephone exp depriciation acc dep on comp acc dep on off equip o/s salary rent income tax o/s income tax office supplies revenue from services

17100 9400 34000 31000 14000 200000 15000 409200 135000 4600 3400 29500 25000 4500 26000 120000 25000 25000 12400 62000 734700

734700

DR particulars acc fee revenue a/c To revenue from services a/c amt particulars amt

CR

62000 By bal c/d

62000

62000 office supplies exp a/c To office supplies a/c

62000

12400 By bal c/d

12400

12400

12400

o/s income tax a/c To bal c/d

25000 By income tax a/c

25000

25000 income tax a/c To o/s income tax a/c

25000

25000 By bal c/d 25000 25000 25000

rent a/c To prepaid rent a/c

120000 By bal c/d

120000

120000 o/s salary a/c To bal c/d

120000

26000 By salary a/c

26000

26000 accumlated dep on off equip a/c To bal c/d 4500 By dep a/c

26000

4500

4500

4500

Accumlated dep on comp a/c To bal c/d 25000 By dep a/c

25000

25000

25000

Depreciation a/c To acc dep on comp a/c To acc dep on off equip a/c

25000 By bal c/d 4500

29500

29500 telephone exp a/c To bal b/d

29500

3400 By bal c/d

3400

3400

3400

electricity a/c To bal b/d

4600 By bal c/d

4600

4600

4600

salaries a/c To bal b/d To o/s salary a/c

109000 By bal c/d 26000

135000

135000

135000

journal entries

particulars 1 dep exp a/c. DR To acc dep on comp a/c To acc dep on off equip a/c 2 off supp exp a/c.DR To off supp a/c 3 acc fee revenue a/cDR To fee revenue a/c i.e revenue from services 4 salary a/c DR To o/s salary a/c 5 rent a/c ..DR To prepaid rent a/c 6 income tax exp a/c.DR To o/s income tax exp a/c 7 unearned revenue a/c..DR To revenue from services a/c

amt(DR) amt(CR) 29500 25000 4500 12400 12400 62000 62000

26000 26000 120000 120000 25000 25000 14000 14000

Income statement of anveshan ltd for the year ending 31 st dec 2009

particular Income revenue from services total income EXPENSES 1. depreaciation 2. supllier exp 3. rent exp 4.telephone exp 5. income tax 6. salary exp 7. electricity exp total exp

amt

amt

409200 409200

29500 27300 120000 25000 3400 135000 4600 344800

net profit trf to satatement of retained earning

64400

balace sheet of anveshan ltd as on 31 st dec 2009 particular computer (-) acc dep comp office equipment (-) acc dep office eqip office supplier debtor cash bills receivable accured fee revenue total asset liabilities 150000 25000 95000 4500 amt amt

125000 85500 12400 17100 9400 34000 62000 345400

creaditor o/s salary o/s income tax unsecured revenue total liabilities Capital share capital retained earning total capital

31000 26000 25000 14000 96000

200000 49400 249400

total liabilites + capital

345400

statement of retained earning of anveshan ltd for the year ended 31 st dec 2009

particular poening balance (+) net profit trf from income statement total (-) divident paid closing balance

amt 0 64400 64400 15000 494000

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