Professional Documents
Culture Documents
Names of A/c
Two Effects
Type of A/c
Nominal A/c
Real A/c
Salary A/c
A/c
Nominal A/c
Real A/c
Cash A/c
A/c
Machinery A/c
Cash A/c
Cash A/c
Commission A/c
Real A/c
Nominal A/c
Real A/c
Real A/c
Real A/c
Nominal A/c
Bank A/c
A/c
Cash A/c
A/c
Nominal a/c
Persoanl A/c
Ramesh A/c
Sales A/c
Persoanl A/c
Nominal A/c
Personal A/c
A/c
Real
Real A/c
Personal A/c
Rule Applied
Effect Dr/Cr
Debit
Credit
Debit
Credit
Debit
Credit
Credit
Debit
Credit
Credit
Debit
Credit
Credit
Debit
Credit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Journ
September, 2009
Date
01.09.09
Particular
Cash A/c
Capital A/c
brought into business)
Dr.
Cr.
Purchases A/c
18.09.09
23.09.09
29.09.09
Dr.
To Cash A/c
(Being goods purchased for cash)
Cr.
12.09.09
Cash A/c
Sales A/c
for cash)
Salaries A/c
A/c
To
(Being cash
Dr.
To Cash A/c
(Being cash deposited into bank)
Cr.
06.09.09
L/F
Dr.
To Cash A/c
(Being sundry expenses paid)
Dr.
Cr.
Cr.
To
(Being goods sold
Dr.
To Dena Bank
(Being salaries paid by cheque)
__
__
__
__
__
__
Dr. Amt.
Cr. Amt.
9,000
9,000
4,000
4,000
3,000
3,000
350
350
4,000
4,000
1,200
1,200
RECEIPT NO.
RECEIPTS
L/F
AMOUNT Rs.
VOUCHER NO.
PAYMENTS
L/F
AMOUNT Rs.
2) TWO COLUMN CA
Dr. (Receipts)
DATE
R. No.
PARTICULAR
L/F
DISCOUNT Rs.
(Paymen
AMOUNT Rs.
DATE
V. No.
PARTICULAR
L/F
(Payments) Cr.
DISCOUNT Rs.
AMOUNT Rs.
3) THREE COLUM
Dr. (Receipts)
DATE
R.NO.
PARTICULAR
L/F
DISCOUNT
Rs.
CASH
Rs.
(Pay
BANK
Rs.
DATE
V.NO.
PARTICULAR
L/F
DISCOUNT
Rs.
(Payments) Cr.
CASH
Rs.
BANK
Rs.
4) ANALYTICAL
AMOUNT
RECEIVED Rs.
C.B.F.
DATE
PARTICULAR
TOTAL
PAYMENTS Rs.
Carriage &
Postage &
Freight
Telegram
Rs.
Rs.
Conveyance &
Travelling Rs.
Wages
Rs.
Sundry Expenses
Rs.
L/F
TRIAL BALANCE
Sr. No.
Balance of
Accounts
Nominal Accounts:
i) All expenses & losses like rent, salary,
wages, bad debts, commission and
discount given etc.
DEBIT
CREDIT
Real Accounts:
Assets and properties e.g. Land &
Building, Plant & Machinery, Furniture, Bills
Receivable etc.
DEBIT
Personal Accounts:
i) If personal accounts shows a debit
balance, it means amount is due from that
person, so it is treated as a debtor.
DEBIT
3
ii) If personal account shows a credit
balance, it means amount is payable to
him, so it is treated as Creditors
Others important items:
i) Capital
CREDIT
CREDIT
DEBIT
4
iii) Sale of goods
CREDIT
CREDIT
DEBIT
CE
Why ?
Income
Goods goes out
Goods comes in
Particulars
L/F
Debit
Rs.
1)
_____
2)
_____
3)
_____
XXXXX
4)
_____
XXXXX
5)
_____
XXXXX
TOTAL
XXXXX
Particulars
L/F
Debit
Rs.
1)
_____
XXXXX
2)
_____
XXXXX
3)
_____
XXXXX
4)
_____
XXXXX
5)
_____
XXXXX
TOTAL
XXXXX
Credit
Rs.
XXXXX
XXXXX
XXXXX
Particulars
L/F
Credit
Rs.
1)
_____
XXXXX
2)
_____
XXXXX
3)
_____
XXXXX
4)
_____
XXXXX
5)
_____
XXXXX
TOTAL
XXXXX
Amount
Rs.
To Opening Stock
To Purchases
Purchases Return
Outwards)
Amount
Rs.
XXXXX
Less (Return
XXXXX
XXXXX
XXXXX
To Direct Expenses
XXXXX
XXXXX
XXXXX
To Wages
XXXXX
XXXXX
To Factory Expenses
XXXXX
To Royalty
XXXXX
XXXXX
XXXXX
Cr
Cr.
Particulars
By Sales
Sales Return
Inwards)
Less (Return
Amount
Rs.
Amount
Rs.
XXXXX
XXXXX
XXXXX
By Closing Stock
XXXXX
XXXXX
XXXXX
Profit & Loss Account for the year ended 31st March, 2009
Amount
Rs. Amount
Rs.
XXXXX
XXXXX
XXXXX
XXXXX
To Insurance Premium
XXXXX
To Bank Charges
XXXXX
To Discount Allowed
XXXXX
To Audit Fees
XXXXX
XXXXX
To Travelling Exp.
XXXXX
To Advertising
XXXXX
XXXXX
To Interest Paid
XXXXX
XXXXX
To Packing Exp.
XXXXX
To Commission
XXXXX
To Net Profit
capital a/c)
(transfered to
XXXXX
XXXXX
Cr.
Amount
Rs.
Amount
Rs.
XXXXX
By Commission Received
XXXXX
By Discount Received
XXXXX
By Interest on Investment
XXXXX
XXXXX
By Miscellaneous Income
XXXXX
By Net Loss
capital a/c)
XXXXX
(transfered to
XXXXX
Amount
Rs. Amount
Assets
Rs.
XXXXX
Cash in Hand
XXXX
Cash at Bank
(XXXX)
(XXXX)
Rs.
Reserves
Bills Payable
Creditors
XXXXX
Bank Loans
Personal Loan
Bank Overdraft
Outstanding Expenses
Amount
XXXXX
(XXXX)
(XXXX)
Amount
Rs.
XXXXX
XXXXX
XXXXX
XXXXX
XXXXX
XXXXX
XXXXX
XXXXX
XXXXX
XXXXX
XXXXX
XXXXX
Adjustments Effects
Sr.No.
Adjustment
1st Effect
(add to the
(add to the
Eg.
Eg.
(deduct
(only amount of
Depreciation on Assets
s
2nd Effect
Balance Sheet - Asset Side
Balance sheet - Liability Side (outstanding
amount only)
Balance sheet - Liability Side (outstanding
amount only)
Balance Sheet - Asset Side (prepaid amount
only)
Balance Sheet - Asset Side (prepaid amount
only)
Balance Sheet - Asset Side
(deduct from
the respective asset)
Profit & Loss A/c - Debit Side (add new bad
debts into old)
Balance sheet - Liability Side (advanced
amount only)