General Ledger/Day Book

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WITH EFFECTED FROM 1 JU Jul-18
DEBIT SIDE
DATE REF # ACCOUNT DEBIT
1-Jul-17 1 CASH Rs 100,000.00
2-Jul-17 2 PURCHASE Rs 25,000.00
3-Jul-17 3 CASH Rs 30,000.00
4-Jul-17 4 SALARY Rs 12,000.00
4-Jul-17 5 UTILITY Rs 15,000.00
4-Jul-17 6 BANK Rs 30,000.00
6-Jul-17 7 CASH Rs 25,000.00
10-Jul-17 8 PURCHASE Rs 10,000.00
18-Jul-17 9 PURCHASE Rs 15,000.00
30-Jul-17 10 PURCHASE Rs 20,000.00
30-Jul-17 11 PURCHASE Rs 10,000.00
30-Jul-17 12 CASH Rs 30,000.00
30-Jul-17 13 CASH Rs 50,000.00
30-Jul-17 14 CASH Rs 60,000.00
30-Jul-17 15 CASH Rs 80,000.00
30-Jul-17 16 CASH Rs 10,000.00
30-Jul-17 17 UTILITY Rs 5,000.00
30-Jul-17 18 BANK Rs 60,000.00
30-Jul-17 19 BANK Rs 40,000.00
30-Jul-17 20 BANK Rs 30,000.00
30-Jul-17 21 BANK Rs 40,000.00
30-Jul-17 22 PURCHASE Rs 20,000.00
30-Jul-17 23 PURCHASE Rs 25,000.00
31-Jul-17 24 PURCHASE Rs 10,000.00
31-Jul-17 25 SALARY Rs 5,000.00
31-Jul-17 26 BUILDING Rs 200,000.00
31-Jul-17 27 FURNITURE Rs 50,000.00
31-Jul-17 28 STAFF LOAN Rs 5,000.00
31-Jul-17 29 BANK Rs 750,000.00
31-Jul-17 30 TAXES Rs 15,000.00
31-Jul-17 31 DRAWING Rs 250,000.00
31-Jul-17 32 BANK CHARGES Rs 1,200.00
31-Jul-17 33 TRANSPORTATION Rs 500.00
31-Jul-17 32 SALES DISCOUNT Rs 500.00
31-Jul-17 33 MOTOR RUNNING Rs 1,200.00
31-Jul-17 34 NOTE RECEIVABLE Rs 50,000.00
31-Jul-17 35 SALARY Rs 5,000.00
31-Jul-17 36 PURCHASE Rs 3,000.00
y Book

CREDIT SIDE
ACCOUNT CREDIT
CAPITAL Rs 100,000.00
CASH Rs 25,000.00
SALES Rs 30,000.00
CASH Rs 12,000.00
CASH Rs 15,000.00
CASH Rs 30,000.00
SALES Rs 25,000.00
CASH Rs 10,000.00
CASH Rs 15,000.00
CASH Rs 20,000.00
CASH Rs 10,000.00
SALES Rs 30,000.00
SALES Rs 50,000.00
SALES Rs 60,000.00
SALES Rs 80,000.00
SALES Rs 10,000.00
CASH Rs 5,000.00
CASH Rs 60,000.00
CASH Rs 40,000.00
CASH Rs 30,000.00
CASH Rs 40,000.00
CASH Rs 20,000.00
CASH Rs 25,000.00
CASH Rs 10,000.00
CASH Rs 5,000.00
BANK Rs 200,000.00
BANK Rs 50,000.00
CASH Rs 5,000.00
BANK LOAN Rs 750,000.00
BANK Rs 15,000.00
BANK Rs 250,000.00
CASH Rs 1,200.00
CASH Rs 500.00
CASH Rs 500.00
CASH Rs 1,200.00
BANK Rs 50,000.00
CASH Rs 5,000.00
BANK Rs 3,000.00
 Status

BALANCED
NARRATION/REMARKS
STARTED BUSINESS WITH WITH
PURCHASES ON CASH
SALES ON CASH
SALARY PAID
TELEPHONE CHARGES
DEPOSITED
CASH SALES
CASH PURCHASES
CASH PURCHASES
CASH PURCHASES
CASH PURCHASES
CASH SALES
CASH SALES
CASH SALES
CASH SALES
CASH SALES
ELECTRICITY CHARGES
DEPOSITED
DEPOSITED
DEPOSITED
DEPOSITED
CASH PURCHASES
CASH PURCHASES
CASH PURCHASES
SALARY PAID
PURCHASED BUILDING
PURCHASED FURNITURE
LOAN TO EMPLOYEE ABC
LOAN RECEIVED FROM BANK XYZ
PAID GST
TAKEN BY OWNER
BANK CHARGES
TRANSPORTATION
DISCOUNT ON RECOVRY
EXPENSE PAID
ISSUE A NOTERECEIAVBLE
SALARY PAID
PURCHASE
 Learn with Purpose
ACCOUNT SUMMARY
A_ID ACCOUNT ACCOUNT TYPE T_DEBIT T_CREDIT
1 SALES REVENUE - 285,000
2 PURCHASE EXPENSE 138,000 -
3 CASH ASSET 385,000 385,400
4 BANK ASSET 950,000 568,000
5 SALARY EXPENSE 22,000 -
6 ENTERTAINMENT EXPENSE - -
7 UTILITY EXPENSE 20,000 -
8 CAPITAL CAPITAL - 100,000
9 BUILDING ASSET 200,000 -
10 FURNITURE ASSET 50,000 -
11 STAFF LOAN ASSET 5,000 -
12 BANK LOAN LIABILITY - 750,000
13 TAXES EXPENSE 15,000 -
14 DRAWING CAPITAL 250,000 -
15 BANK CHARGES EXPENSE 1,200 -
16 TRANSPORTATION EXPENSE 500 -
17 SALES DISCOUNT REVENUE 500 -
18 PURCHASE DISCOUNT EXPENSE - -
19 MOTOR RUNNING EXPENSE 1,200 -
20 NOTE RECEIVABLE ASSET 50,000 -
TOTAL: ### ###
BALANCE
285,000
138,000
(400)
382,000
22,000
-
20,000
100,000
200,000
50,000
5,000
750,000
15,000
(250,000)
1,200
500
(500)
-
1,200
50,000
-
 Learn with Purpose

ACCOUNTING WORK SHE

TRIAL BALANCE INCOME STATEMENT
A/C TYPE DEBIT CREDIT DEBIT
I - 285,000 -
I 138,000 - 138,000
B (400) - -
B 382,000 - -
I 22,000 - 22,000
I - - -
I 20,000 - 20,000
B - 100,000 -
B 200,000 - -
B 50,000 - -
B 5,000 - -
B - 750,000 -
I 15,000 - 15,000
B - (250,000) -
I 1,200 - 1,200
I 500 - 500
I - (500) -
I - - -
I 1,200 - 1,200
B 50,000 - -
TOTAL 884,500 884,500 197,900
NET INCOME 86600
TOTAL 884,500 884,500 284,500
h Purpose

WORK SHEET
INCOME STATEMENT BALANCE SHEET
CREDIT DEBIT CREDIT
285,000 - -
- - -
- (400) -
- 382,000 -
- - -
- - -
- - -
- - 100,000
- 200,000 -
- 50,000 -
- 5,000 -
- - 750,000
- - -
- - (250,000)
- - -
- - -
(500) - -
- - -
- - -
- 50,000 -
284,500 686,600 600,000
0 0 86600
284,500 686,600 686,600
 Income Statement
#REF!
FOR THE YEAR 2017
Revenue
Tuition #N/A
Unrestricted Revenue #N/A
Permanently Restricted Revenue #N/A
Temporary Restricted Revenue #N/A
Contribution Revenue #N/A
Interest Revenue #N/A
Cash Donations #N/A
Grant Income #N/A
Fundraiser Income #N/A
Mission Income #N/A
Uncategorized income #N/A
TOTAL REVENUE #N/A

Expenses
NSF Fee #N/A
Bank service charge #N/A
Fundraiser Expense #N/A
Contribution Expense #N/A
Grant Expense #N/A
Salaries expense #N/A
Office supplies expense #N/A
Scholarship Expense #N/A
Transportation expense #N/A
Postage Expense #N/A
Legal services expense #N/A
Meals & Entertainment expense #N/A
Travel Expense #N/A
Educational Expense #N/A
Life Insurance Expense #N/A
Rent Expense #N/A
Mortgage Expense #N/A
Utilities Expense #N/A
Purchases Expense #N/A
Repair Expense #N/A
Gas Expense #N/A
Interest Expense #N/A
Bank Fee #N/A
Utilities Fee #N/A
Petty Cash #N/A
Donation Expense #N/A
Miscellaneous expense #N/A
Healthcare Expense #N/A
Outreach Expense #N/A
uncategorized expense #N/A
Total Expenses #N/A

Net Income (Loss) #N/A

 #REF!
BALANCE SHEET
At the End of Period ……
TOTAL ASSETS VALUE

CCIS Subsidy Receivable #N/A

Children Scholarship Receivable #N/A
Accounts Receivable #N/A
Grant Receivable #N/A
Fundraiser Receivable #N/A
Cash (400.00)
Equipment #N/A
Land & Building #N/A
Prepaid Expenses #N/A
Prepaid Insurance #N/A
Greater Hope PreK Counts Receivable #N/A

TOTAL ASSETS #N/A

 #REF!
ALANCE SHEET
At the End of Period ……
TOTAL LIABILITIES VALUE

Interest Payable #N/A

Wages Payable #N/A
Income Tax Payable #N/A
Accounts Payable #N/A
Credit card Payable #N/A
Unemployment tax Payable #N/A
401K payable #N/A
State income tax withholding payable #N/A
Federal Income Tax Withholding payable #N/A
Fica tax payable #N/A
Fica med payable #N/A
Net Payroll Payable #N/A
Retirement payable #N/A
City Tax Payable #N/A
TOTAL LIABILITIES #N/A
EQUITY VALUE

Grant Fund #N/A

General Fund #N/A
Missions Fund #N/A
Fundraiser Fund #N/A
INCOME (LOSS) #N/A

TOTAL EQUITY #N/A

TOTAL LIABILITIES & EQUITY #N/A