SOURCE DOC OFFICIAL REC SALES INV PUR INV DEBIT AND CR NOTE MEMO BANK AND CASH

PAYMENT VOUCHER

ANYLYZE 1. PURPOSE 2. WHO GIVE TO WHOM 3. BATCH 4. JOURNAL ENTRY TO BE RECORDED

DEBIT NOTE CASE: 1. WE GIVE DEBIT NOTE TO CUSTOMERS PURCHASE RETURN 2. WE GIVE DEBIT NOTE TO DEBTOR SHORTAGE OF PRICE GIVEN ON INV 3. CREDITORS GIVE TO US SHORTAGE OF PRICE GIVEN ON INV 4. DEBTORS GIVE TO US SALES RETURN

CREDIT NOTE CASE: 1. WE GIVE TO CREDITORS SHORTAGE OF QUANTITY STATED ON INV 2. WE GIVE CREDITOR DISCOUNT ALLOWED SALES RETURN 3. CREDITORS GIVE TO US PUR RETURN DISC ALLOWED 4. DEBTORS GIVE TO US SHORTAGE ON QUANTITY STATED ON INV

MEMO 1. DRAWINGS GOODS ON CASH MASTER A/C DRAWINGS

1. Provision for doubtful debt Dr -doubtful debts 9___/___ Acc type: M Cr -provision for doubtful debts 3005/___ current assets 2. Provision for depreciation 10% ON COST -BUILDING-50000X10%=5000 9___/___ ACC TYPE : M -MOTOR VEHICLE-10000X10%=1000

3. Provision for taxation 28% ON NET PROFIT -12600 DR TAXATION 9___/___ CR PROVISION OF TAXATION 4100/000 CURRENT LIABILITIES 4. Provision for dividend 10% ON CAPITAL X 100000=10000 DR-DIVIDEND 9___/___ ACC TYPE: T CR-PROVISION FOR DIVIDEND 4___/__ ACC TYPE: C.L.

15/1/2012- PAID DIVIDEND 10000 BY CHEQUE DR-PROVISION FOR DIVIDEND CR-BANK 15/2/2012-PAID TAX 12600 BY CHEQUE DR-PROV FOR TAX CR-BANK