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Business Financial Transactions

This document appears to be a record of transactions for a business from April 1-31. It shows various expenses, purchases, sales, and transfers between different accounts like cash, capital, purchase, and bank accounts. Key transactions include starting the business with cash and purchasing building, furniture, and machinery assets, buying supplies, selling goods for cash and credit, paying rent and salaries, and depositing cash into the bank.

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Akash Ali
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30 views1 page

Business Financial Transactions

This document appears to be a record of transactions for a business from April 1-31. It shows various expenses, purchases, sales, and transfers between different accounts like cash, capital, purchase, and bank accounts. Key transactions include starting the business with cash and purchasing building, furniture, and machinery assets, buying supplies, selling goods for cash and credit, paying rent and salaries, and depositing cash into the bank.

Uploaded by

Akash Ali
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Date Description Ref Debit Credit

2008 Cash Account 200000


Apr. 3000
01 Building account 2000
250000
Purchase Account

Capital account

(started business with cash building and goods

Bank account
Apr. 2
Cash account
(purchase goods on cash )

Furniture account
Apr. 5 Cash account
Machinery account

(Purchase furniture on credit)


Sales account
Cash account
Apr. 6
Receivable account

(paid insurance by cheque)


Apr. 8
Purchase account
Cash account
(bought stationary on cash)
Apr.
10
Account receivable
Bank account
Cash account

Apr. (Sold goods on cash and credit to Javid)


15 Bank account
Capital account

(rent paid on cash)


Apr.
18 Purchase account
Cash account

(cash deposited into the bank)

Salary account
Apr. Postage account
25 Bank account
Rent account

(furniture purchased by Cheque)

Apr.31

Apr.
31

Apr.
31

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