Transactions for Chopr

SNO. Date
1 Jan-01
2 Jan-04
3 Jan-06
4 Jan-06
5 Jan-08
6 Jan-08
7 Jan-10
8 Jan-12
9 Jan-15
10 Jan-18
11 Jan-25
12 Jan-25
13 Jan-26
14 Jan-27
15 Jan-28
16 Jan-31
17 Jan-31
18 Jan-31
19 Jan-31
20 Jan-31
 Transactions for Chopra & Sons Company

Transaction
Capital of Rs. 5,00,000 brought by Mr.Chopra.
The company borrowed Rs. 20,000 from a bank.
The company purchased Machinery worth Rs. 25,000
An amount of Rs. 36,000 was paid as rent.
Paid Rs. 6,000 cash on the purchase of furniture costing Rs. 8,000 to Mr. Ashish.
Purchased office supplies costing Rs. 7,600 on cash.
Provided services to its customers and received Rs. 85,000 in cash.
Paid the remaining Rs. 2,000 to Mr. Ashish.
Provided services of Rs. 5,100 to its customers. They paid Rs. 2,900 and promised to pay th
Received Rs. 1,300 from customers.
Depreciation on the Machinery - Rs. 2,000
Mr.Chopra withdraws Rs. 10,000 from the company.
Received commission of Rs. 1,500.
Purchased furniture worth Rs. 1,000 for personal use.
Purchased a van worth Rs. 1,00,000 for transportation.
Paid Miscellaneous expenses of Rs. 2,500.
Paid electricity bill of Rs. 2,470.
Paid telephone bill of Rs. 1,494.
Paid Rs. 3,000 salary to the driver
Paid wages to its employees - Rs. 19,100.
 Date
Jan-01

Being capital Brought by M

Jan-04

Being Loan taken from th

Jan-06

Being Machinery Purch

Jan-06

Being Rent paid

Jan-08

Being furniture Purchased partially on cas

Jan-08

Being office supplies pur

Jan-10

Being services provided to th

Jan-12

Being remaining amount paid fo

Jan-15
 Being Services provided partially on cash

Jan-18

Being 1300 received from

Jan-25

Being depreciation provided on

Jan-25

Being owner withdraws

Jan-26

Being commission rece

Jan-27

Being owner purchases furniture fo

Jan-28

Being van purchase

Jan-31

Being various expensed

 Account Name Debit (Rs.) Credit (Rs.)
Cash A/C 500,000
- Capital A/C 500,000
Being capital Brought by Mr.Chopra

Cash at Bank A/C 20,000

- Loan from Bank A/C 20,000
Being Loan taken from the Bank

Machinery A/C 25,000

- Cash A/C 25,000
Being Machinery Purchased

Rent A/C 36,000

-Cash A/C 36,000
Being Rent paid

Furniture A/C 8,000

- Cash A/C 6,000
- Accounts Payable (Mr. Ashish) 2,000
Being furniture Purchased partially on cash and partially on credit

Office Supplies A/C 7,600

- Cash A/C 7,600
Being office supplies purchased

Cash A/C 85,000

- Sales A/C 85,000
Being services provided to the customers

Accounts Payable A/C 2,000

- Cash A/C 2,000
Being remaining amount paid for the furniture

Cash A/C 2,900

Accounts Receivables A/C 2200
 - Sales A/C 5,100
Being Services provided partially on cash and partially on credit

Cash A/C 1,300

- Accounts Receivables 1,300
Being 1300 received from debtors

Depreciation A/C 2,000

- Machinery A/C 2,000
Being depreciation provided on the machinery

Owner's Withdrawl (Capital 10,000

- Cash A/C 10,000
Being owner withdraws capital

Cash A/C 1,500

- Commission A/C 1,500
Being commission received

Owner's Withdrawl (Capital 1,000

- Cash A/C 1,000
Being owner purchases furniture for his personal use

Van A/C 100,000

- To Cash A/C 100,000
Being van purchased

Misc.Expenses A/C 2,500

Electricity Bill A/C 2,470
Telephone Bill A/C 1,494
Salary A/C 3,000
Wages A/C 19,100
- Cash A/C 28,564
Being various expensed paid
Debit C
Date Particulars
Jan-01 To Capital A/C
Jan-10 To Sales A/C
Jan-15 To Sales A/C
Jan-18 To Accounts Receivabl
Jan-26 To Commission A/C

Feb-01 To Balance b/d

Debit Ca
Date Particulars
Jan-25 To Cash A/C
Jan-27 To Cash A/C

Jan-31 To Balance c/d

Debit Cash
Date Particulars
Jan-04 To Loan from bank A/C

Feb-01 To Balance b/d

Debit Loan fr
Date Particulars
Jan-31 To Balance c/d

Debit Mach
Date Particulars
Jan-06 To Cash A/C

Feb-01 To Balance b/d

Debit R
Date Particulars
Jan-06 To Cash A/C
 Feb-01 To Balance b/d

Debit Furn
Date Particulars
Jan-08 To Cash A/C
Jan-08 To Accounts Payable A

Feb-01 To Balance b/d

Debit Account
Date Particulars
Jan-12 To Cash A/C

Debit Office
Date Particulars
Jan-08 To Cash A/C

Feb-01 To Balance b/d

Debit Sa
Date Particulars
 Jan-31 To Balance c/d

Debit Accounts
Date Particulars
Jan-15 To Sales A/C

Feb-01 To Balance b/d

Debit Depre
Date Particulars
Jan-25 To Machinery A/C

Feb-01 To Balance b/d

Debit Comm
Date Particulars
Jan-31 To Balance c/d
Debit V
Date Particulars
Jan-28 To Cash A/C

Feb-01 To Balance b/d

Debit Misc.E
Date Particulars
Jan-31 By Cash A/C

Feb-01 To Balance b/d

Debit Electr
Date Particulars
Jan-31 By Cash A/C

Feb-01 To Balance b/d

Debit Teleph
Date Particulars
Jan-31 By Cash A/C

Feb-01 To Balance b/d

Debit Sa
Date Particulars
Jan-31 By Cash A/C

Feb-01 To Balance b/d

Debit W
Date Particulars
Jan-31 By Cash A/C

Feb-01 To Balance b/d

 Cash A/C
Amount Date Particulars
500000 Jan-06 By Machinery A/C
85000 Jan-06 By Rent A/C
2900 Jan-08 By Furniture A/C
1300 Jan-08 By Office Supplies A/C
1500 Jan-12 By Accounts Payable A/C
Jan-25 By Capital A/C
Jan-27 By Capital A/C
Jan-28 By Van A/C
Jan-31 By Misc.Expenses A/C
Jan-31 By Electricity Bill A/C
Jan-31 By Telephone Bill A/C
Jan-31 By Salary A/C
Jan-31 By Wages A/C

Jan-31 By Balance c/d

590700

374536

Capital A/C
Amount Date Particulars
10000 Jan-01 By Cash A/C
1000

489000

500000

Feb-01 By Balance b/d

 Cash at Bank A/C
Amount Date Particulars
20000 Jan-31 By Balance c/d

20000

20000

Loan from Bank A/C

Amount Date Particulars
20000 Jan-04 By Cash at bank A/C

20000

Feb-01 By Balance b/d

Machinery A/C
Amount Date Particulars
25000 Jan-25 By Depreciation A/C

Jan-31 By Balance c/d

25000

23000

Rent A/C
Amount Date Particulars
36000 Jan-31 By Balance c/d
 36000

36000

Furntiure A/C
Amount Date Particulars
6000 Jan-31 By Balance c/d
2000

8000

8000

Accounts Payable A/C

Amount Date Particulars
2000 Jan-08 By Furniture A/C

2000

Office Supplies A/C

Amount Date Particulars
7600 Jan-31 By Balance c/d

7600

7600

Sales A/C
Amount Date Particulars
 90100 Jan-10 By Cash A/C
Jan-15 By Cash A/C
Jan-15 By Accounts Receivables A

90100

Feb-01 By Balance b/d

Accounts Receivable A/C

Amount Date Particulars
2200 Jan-18 By Cash A/C

Jan-31 By Balance c/d

2200

900

Depreciation A/C
Amount Date Particulars
2000 Jan-31 By Balance c/d

2000

2000

Commission A/C
Amount Date Particulars
1500 Jan-26 By Cash A/C

1500
 Feb-01 By Balance b/d

Van A/C
Amount Date Particulars
100000
Jan-31 By Balance c/d

100000

100000

Misc.Expenses A/C
Amount Date Particulars
2500
Jan-31 By Balance c/d

2500

2500

Electricity Bill A/C

Amount Date Particulars
2470
Jan-31 By Balance c/d

2470

2470
 Telephone Bill A/C
Amount Date Particulars
1494
Jan-31 By Balance c/d

1494

1494

Salary A/C
Amount Date Particulars
3000
Jan-31 By Balance c/d

3000

3000

Wages A/C
Amount Date Particulars
19100
Jan-31 By Balance c/d

19100

19100
Credit
Amount
25000
36000
6000
7600
2000
10000
1000
100000
2500
2470
1494
3000
19100

374536

590700

Credit
Amount
500000

500000

489000
Credit
Amount
20000

20000

Credit
Amount
20000

20000

20000

Credit
Amount
2000

23000

25000

Credit
Amount
36000
 36000

Credit
Amount
8000

8000

Credit
Amount
2000

2000

Credit
Amount
7600

7600

Credit
Amount
 85000
2900
2200

90100

90100

Credit
Amount
1300

900

2200

Credit
Amount
2000

2000

Credit
Amount
1500

1500
 1500

Credit
Amount

100000

100000

Credit
Amount

2500

2500

Credit
Amount

2470

2470
Credit
Amount

1494

1494

Credit
Amount

3000

3000

Credit
Amount

19100

19100
 Particulars Debit Credit
Cash A/C 374536
Capital A/C 489000
Cash at Bank A/C 20000
Loan from bank A/C 20000
Machinery A/C 23000
Rent A/C 36000
Furniture A/C 8000
Office Supplies A/C 7600
Sales A/C 90100
Accounts Receivable A/C 900
Depreciation A/C 2000
Commission A/C 1500
Van A/C 100000
Misc.Expenses A/C 2500
Electricity Bill A/C 2470
Telephone Bill A/C 1494
Salary A/C 3000
Wages A/C 19100

Total 600600 600600