Transactions Assets Liabilities + Capital

Cash + Goods + Debtors + Furniture +

Started Business with Cash
+1,00,000 1,00,000
1,00,000
Purchased goods - 3000 + 3000
for 3000

+ 97000 + 3000 1,00,000

Purchased from Ram 2000
+ 2000 + 2000
Sold goods to + 97000 + 5000 + 2000 + 1,00,000
Shyam costing Rs1000 for Rs1200 - 1000 + 1200 + 200

Sold goods costing Rs 1000 for + 97000 + 4000 + 1200 + 2000 + 1,00,200
Rs 1500 + 1500 - 1000 + 500
+ 98500 + 3000 + 1200 + 2000 + 1,00,700
Withdrew for private use 2000
- 2000 - 2000
+ 96500 + 3000 + 1200 + 2000 + 98,700
Purchase Furniture on Credit
Rs 2000 + 2000 + 2000

+ 96500 + 3000 + 1200 + 2000 + 4000 + 98,700

 Transactions Assets = Liabilities + Capital
Cash + Goods + Debtors + Furniture +
Paid to Ram In full + 96500 + 3000 + 1200 + 2000 + 4000 + 98,700
settlement Rs.1700
- 1700 - 2000 + 300

+ 94800 + 3000 + 1200 + 2000 + 2000 + 99,000

Depreciate Furniture 10%
- 200 - 200

+ 94800 + 3000 + 1200 + 1800 + 2000 + 98,800

Recd. Rent from tenants 1000
+ 1000 + 1000

+95800 + 3000 + 1200 + 1800 + 2000 + 99,800

Recd. Security
Deposit from
Tenants 50,000 + 50,000 + 50,000
+1,45,800 + 3000 + 1200 + 1800 + 52000 + 99,800
Goods destroyed by fire 500
- 500 - 500
+1,45800 + 2500 + 1200 + 1800 + 52000 + 99,300
Invested in Shares Personal
300 - 300 - 300
+1,45,500 + 2500 + 1200 + 1800 + 52000 + 99,000
 Transactions Assets Liabilities + Capital
Cash + Goods + Debtors + Furniture +
+1,45500 + 2500 + 1200 + 1800 + 52000 + 99,000
1/5 th of the goods sold at a
profit of 10%
+ 550 - 500 + 50

1,51,050 1,51,050