Professional Documents
Culture Documents
Interest on overdraft
Bank Charges
Give Loan To Smith
Smith repaid part of the loan given to him
Receive loan from Jones
Repaid part of loan received from Jones
Issue of share at par
Issue of shares at premium
Bonus issue of shares
Redemption of shares at par
Redemption of shares at premium
Stock written of
Bad debts recovered
Stocks destroyed by fire with insurance cover
Stocks destroyed by fire without insurance cover
Stock stolen with insurance cover
Stock stolen with no insurance cover
Purchase of inverstment
Sale of investment
Payment of creditor for taxation by cheque
Receive commission from Black
Paid commission to White
Interest paid on long term loan
Interest received on long term loan
Closing stock undercast
Closing stock overcast
Opening stock undercast
Opening stock overcast
Invoices sent to credit customers
Invoices received from credit suppliers
Credit note sent to credit customers
Credit note received from credit suppliers
Debit note sent to credit customers
Debit note received from credit suppliers
Cost of fixed assets disposed
Agg Depr of fixed assets disposed
Proceeds from sale of of fixed assets disposed
Exchange value of fixed assets disposed
Scrap value agreed by Insurance for asset scrapped in an accident
Accepted an office desk $600 in full settlement to a debt of $100
Bought 500 ordinary shares of Rs10 each for Rs12500
Sold Investment (Cost Rs12000) for Rs9500
Revalue Land & Building (Cost Rs15000, Agg Depr Rs12000) for Rs200000
DR
CR
s200000