Transaction analysis Table o

Transaction Date Accounts involved

Cash at Bank
Owner commenced Business with
cash at Bank $780 and inventories 1-Dec Inventories
$560

Capital

Cash at Bank
Purchased a motor Vehicle for
2-Dec
$45,929 cash
Motor Vehicle

Electricity Bill
Paid electricity bill $738 cash 5-Dec
Cash at Bank

Inventories
Sold inventories for cash $382 12-Dec
Cash at Bank

Rent
Received rent worth $637 cash 20-Dec
Cash at Bank

Inventories
Purchased inventories worth $583
24-Dec
cash
Cash at Bank
n analysis Table of K Ponga
Types of accounts Nature of accounts INC/DEC DR / CR Amount

Aseet DR INC DR $ 780.00

Asset DR INC DR $ 560.00

Owners Equity CR INC CR $ 1,340.00

Cash at Bank DR DEC CR $ 45,929.00

Asset DR INC DR $ 45,929.00

Expense DR INC DR $ 738.00

Asset DR DEC CR $ 738.00

Asset DR DEC CR $ 382.00

Asset DR INC DR $ 382.00

Revenue CR INC CR $ 637.00

Asset DR INC DR $ 637.00

Asset DR INC DR $ 583.00

Asset DR DEC CR $ 583.00

INC

DEC
 General Ledger of K Ponga
Date Particulars Post Ref DR CR

REVENUES
Rent
20-Dec Cash at Bank TAT $ 637.00

Expenses
Electricity Bill
5-Dec Cash at Bank TAT $ 738.00

Assets
Cash at Bank
1-Dec Owners Equity TAT $ 780.00
2-Dec Motor Vehicle TAT $ 45,929.00
5-Dec Electricity Bill TAT $ 738.00
12-Dec Inventories TAT $ 382.00
20-Dec Rent TAT $ 637.00
24-Dec Inventories TAT $ 583.00

Inventories
1-Dec Owners Equity TAT $ 560.00
12-Dec Cash at Bank TAT $ 382.00
24-Dec Cash at Bank TAT $ 583.00

Motor Vehicle
2-Dec Cash at Bank TAT $ 45,929.00

Liabilities

Owners Equity
Capital
1-Dec Inventories/Cash at Bank TAT $ 1,340.00

$ 49,609.00 $ 49,609.00
 Balance

$ 637.00 CR

$ 738.00 DR

$ 780.00 DR
$ 45,149.00 CR
$ 45,887.00 CR
$ 45,505.00 CR
$ 44,868.00 CR
$ 45,451.00 CR

$ 560.00 DR
$ 178.00 DR
$ 761.00 DR

$ 45,929.00 DR

$ 1,340.00 CR