hamna started business with cash rs 100000

she purchased goods for cash rs 5000

she purchased machinery for cash rs 10000
hamna sold goods for cash rs 1000
hamna sold goods on credit to sajjal rs 1000
she purchased furniture on credit from ali Rs 20000
she sold furniture on account rs 10000

sales = debtors purchase = creditors

recongnizing cash and credit transactions

sara purchased goods on credit
ali sold building for cash
he purchases machinery for cash
ahmad made cash sales
ahmad ,made credit sales
ali sold building for cash
purchased land on account
effect of credit sales
E1 E2
less from asset sold add in debtors on assets

effect of credit purchases

E1 E2
add in asset add in creditors on liabili

expense transactions ( word pay/paid in menti

ali paid electricity bill for cash
ahmad paid water charges
she paid fee of her daughter for cash
sara paid salary to her employees

effect of expense transaction ( it decreases our

E1
we always pay expenses from cash
less amount odf expense from cash /bank
 investmen
cash /cred
cash /cred
giving mon
receiving f
i Rs 20000 expense
revenue
profit
loss

ahmad purchase land from ali

she sold goods for cash
ors on assets side credit sales make debtors

ors on liability side credit purchases make creditors

paid in mentioned on expense transaction)

ecreases our cash and capital as well)

E2
less same amount from capital
investment
cash /credit purchase
cash /credit sales
giving money to crditors
receiving from debtors /customers
expense
revenue
profit
editors