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    Tendulya

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    Rashmi Kumari
    The document shows accounting transactions for an organization over 21 periods. It records cash receipts and payments, asset and liability changes, revenue and expenses. Key events include: receiving a loan of Rs. 4000; paying insurance and rent expenses; selling inventory and scrap for revenue; and recording depreciation, salary, and provision for bad debt expenses that impact net income. The accounting equation remains in balance with equal changes to assets/liabilities and equity/revenue at each period.

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    Tendulya

    Uploaded by

    Rashmi Kumari
    173 views2 pages
    The document shows accounting transactions for an organization over 21 periods. It records cash receipts and payments, asset and liability changes, revenue and expenses. Key events include: receiving a loan of Rs. 4000; paying insurance and rent expenses; selling inventory and scrap for revenue; and recording depreciation, salary, and provision for bad debt expenses that impact net income. The accounting equation remains in balance with equal changes to assets/liabilities and equity/revenue at each period.

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    tendulya

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    The document shows accounting transactions for an organization over 21 periods. It records cash receipts and payments, asset and liability changes, revenue and expenses. Key events include: receiving a loan of Rs. 4000; paying insurance and rent expenses; selling inventory and scrap for revenue; and recording depreciation, salary, and provision for bad debt expenses that impact net income. The accounting equation remains in balance with equal changes to assets/liabilities and equity/revenue at each period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    173 views2 pages

    Tendulya

    Uploaded by

    Rashmi Kumari
    The document shows accounting transactions for an organization over 21 periods. It records cash receipts and payments, asset and liability changes, revenue and expenses. Key events include: receiving a loan of Rs. 4000; paying insurance and rent expenses; selling inventory and scrap for revenue; and recording depreciation, salary, and provision for bad debt expenses that impact net income. The accounting equation remains in balance with equal changes to assets/liabilities and equity/revenue at each period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 2

    Dividents Expense Asset Liability

    1 Cash +8000

    2 Cash -2000
    Mach +2000
    3 Cash -1200
    Fur +1200
    4 Cash -1400
    inv +1400
    5 Cash -400
    Sec D +400 Sec D +400
    6 Cash -300
    Rent Paid +150 Adv Rent +150
    7 Cash +4000 Loan +4000
    8 Cash -1600
    Insurance +400 Pre Insurance +1200
    9 Cash +15000
    10 Cash +4000
    Acc Rece -4000
    11 Cash +600

    12 Cash -8000
    Inv +8000
    13 Salary +1200 Cash -1200
    14 Cash -500
    Adv Tax +500
    15 Drawing +1200 Cash -1200
    16 Salary +600 Sal Payble +600
    17 Eq -50 Inv -50
    18 Acc rece +1200
    19 Dep on Mach +100 Mach -100
    20 Dep on Fur +100 Fur -100
    21 Cash +800
    Fur -1200
    Provision for Bad Debt -520
    Equity Revenue

    Equity +8000

    Sales +15000

    Scrap Sale= +600

    Sales +1200

    Loss on sale of furn=-400


    P&L= -520

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