1. Cash Account Cash Account Code 01 Cr. Rs. Narration No. Date Dr. Rs.
Lecture 1
Cash Account
Cash Account Code 01
Cr. Rs.
Narration
No.
Date
Dr. Rs.
200,000
Capital Introd. 01
60,000
Goods sold 06
195,000
Cash deposited 02
10,000 15
20,000
Goods purch. 07
225,000
260,000
35,000
Balance
260,000

2. Name Of The Organization (Ali Traders)
Lecture 1
Name Of The Organization (Ali Traders)
Trial Balance As On ( January 31, 20--)
Title of Account
Code
Dr. Rs.
Cr. Rs.
Cash Account 01
35,000
Total

3. Bank Account Bank Account Code 02 Cr. Rs. Narration No. Date Dr. Rs.
Lecture 1
Bank Account
Bank Account Code 02
Cr. Rs.
Narration
No.
Date
Dr. Rs.
195,000
Cash deposited 02
20,000
Received from B 12
10,000 15
15,000
Furniture purch. 03
50,000
Vehicle purch. 04
5,000
Salaries paid 13
25,000
Paid to Mr. A 11
95,000
225,000
130,000
Balance
225,000

4. Name Of The Organization (Ali Traders)
Lecture 1
Name Of The Organization (Ali Traders)
Trial Balance As On ( January 31, 20--)
Title of Account
Code
Dr. Rs.
Cr. Rs.
Cash Account 01
35,000
Bank Account 02
130,000
Total

5. Capital Account Capital Account Code 03 Cr. Rs. Narration No. Date
Lecture 1
Capital Account
Capital Account Code 03
Cr. Rs.
Narration
No.
Date
Dr. Rs.
200,000
Capital Introd. 01
200,000
200,000
Balance
200,000

6. Name Of The Organization (Ali Traders)
Lecture 1
Name Of The Organization (Ali Traders)
Trial Balance As On ( January 31, 20--)
Title of Account
Code
Dr. Rs.
Cr. Rs.
Cash Account 01
35,000
Bank Account 02
130,000
Capital Account 03
200,000
Total

7. Furniture Account Furniture Account Code 04 Cr. Rs. Narration No. Date
Lecture 1
Furniture Account
Furniture Account Code 04
Cr. Rs.
Narration
No.
Date
Dr. Rs.
15,000
Furniture purch. 03
15,000
15,000
Balance
15,000

8. Name Of The Organization (Ali Traders)
Lecture 1
Name Of The Organization (Ali Traders)
Trial Balance As On ( January 31, 20--)
Title of Account
Code
Dr. Rs.
Cr. Rs.
Cash Account 01
35,000
Bank Account 02
130,000
Capital Account 03
200,000
Furniture Account 04
15,000
Total

9. Vehicle Account Vehicle Account Code 05 Cr. Rs. Narration No. Date
Lecture 1
Vehicle Account
Vehicle Account Code 05
Cr. Rs.
Narration
No.
Date
Dr. Rs.
50,000
Furniture purch. 04
50,000
50,000
Balance
50,000

10. Name Of The Organization (Ali Traders)
Lecture 1
Name Of The Organization (Ali Traders)
Trial Balance As On ( January 31, 20--)
Title of Account
Code
Dr. Rs.
Cr. Rs.
Cash Account 01
35,000
Bank Account 02
130,000
Capital Account 03
200,000
Furniture Account 04
15,000
Vehicle Account 05
50,000
Total

11. Purchases Account Purchases Account Code 06 Cr. Rs. Narration No. Date
Lecture 1
Purchases Account
Purchases Account Code 06
Cr. Rs.
Narration
No.
Date
Dr. Rs.
50,000
Goods purch. 05
20,000 07
10,000
Purchase return 08
10,000
70,000
60,000
Balance
70,000

12. Name Of The Organization (Ali Traders)
Lecture 1
Name Of The Organization (Ali Traders)
Trial Balance As On ( January 31, 20--)
Title of Account
Code
Dr. Rs.
Cr. Rs.
Cash Account 01
35,000
Bank Account 02
130,000
Capital Account 03
200,000
Furniture Account 04
15,000
Vehicle Account 05
50,000
Purchases Account 06
60,000
Total

13. Mr. A (Supplier) Mr. A (Creditor) Account Code 07 Cr. Rs. Narration
Lecture 1
Mr. A (Supplier)
Mr. A (Creditor) Account Code 07
Cr. Rs.
Narration
No.
Date
Dr. Rs.
10,000
Purchase return 08
25,000
Paid to Mr. A 11
50,000
Goods purch. 05
50,000
35,000
15,000
Balance
50,000

14. Name Of The Organization (Ali Traders)
Lecture 1
Name Of The Organization (Ali Traders)
Trial Balance As On ( January 31, 20--)
Title of Account
Code
Dr. Rs.
Cr. Rs.
Cash Account 01
35,000
Bank Account 02
130,000
Capital Account 03
200,000
Furniture Account 04
15,000
Vehicle Account 05
50,000
Purchases Account 06
60,000
Mr. A (Creditor) 07
Total

15. Sales Sales Account Code 08 Cr. Rs. Narration No. Date Dr. Rs. 60,000
Lecture 1
Sales
Sales Account Code 08
Cr. Rs.
Narration
No.
Date
Dr. Rs.
60,000
Goods sold 06
40,000 09
5,000
Sales return 10
100,000
5,000
95,000
Balance
100,000

16. Name Of The Organization (Ali Traders)
Lecture 1
Name Of The Organization (Ali Traders)
Trial Balance As On ( January 31, 20--)
Title of Account
Code
Dr. Rs.
Cr. Rs.
Cash Account 01
35,000
Bank Account 02
130,000
Capital Account 03
200,000
Furniture Account 04
15,000
Vehicle Account 05
50,000
Purchases Account 06
60,000
Mr. A (Creditor) 07
Sales 08
95,000
Total

17. Mr. B (Customer) Mr. B (Debtor) Account Code 09 Cr. Rs. Narration No.
Lecture 1
Mr. B (Customer)
Mr. B (Debtor) Account Code 09
Cr. Rs.
Narration
No.
Date
Dr. Rs.
40,000
Goods sold 09
5,000
Sales return 10
20,000
Received from B 12
25,000
40,000
15,000
Balance
40,000

18. Name Of The Organization (Ali Traders)
Lecture 1
Name Of The Organization (Ali Traders)
Trial Balance As On ( January 31, 20--)
Title of Account
Code
Dr. Rs.
Cr. Rs.
Cash Account 01
35,000
Bank Account 02
130,000
Capital Account 03
200,000
Furniture Account 04
15,000
Vehicle Account 05
50,000
Purchases Account 06
60,000
Mr. A (Creditor) 07
Sales 08
95,000
Mr. B (Debtor) 09
Total

19. Salaries Salaries Account Code 10 Cr. Rs. Narration No. Date Dr. Rs.
Lecture 1
Salaries
Salaries Account Code 10
Cr. Rs.
Narration
No.
Date
Dr. Rs.
5,000
Salaries paid 13
5,000
5,000
Balance
5,000

20. Name Of The Organization (Ali Traders)
Lecture 1
Name Of The Organization (Ali Traders)
Trial Balance As On ( January 31, 20--)
Title of Account
Code
Dr. Rs.
Cr. Rs.
Cash Account 01
35,000
Bank Account 02
130,000
Capital Account 03
200,000
Furniture Account 04
15,000
Vehicle Account 05
50,000
Purchases Account 06
60,000
Mr. A (Creditor) 07
Sales 08
95,000
Mr. B (Debtor) 09
Salaries 10
5,000
Total

21. Expenses Expenses Account Code 11 Cr. Rs. Narration No. Date Dr. Rs.
Lecture 1
Expenses
Expenses Account Code 11
Cr. Rs.
Narration
No.
Date
Dr. Rs.
20,000
Exp. accrued 14
20,000
20,000
Balance
20,000

22. Name Of The Organization (Ali Traders)
Lecture 1
Name Of The Organization (Ali Traders)
Trial Balance As On ( January 31, 20--)
Title of Account
Code
Dr. Rs.
Cr. Rs.
Cash Account 01
35,000
Bank Account 02
130,000
Capital Account 03
200,000
Furniture Account 04
15,000
Vehicle Account 05
50,000
Purchases Account 06
60,000
Mr. A (Creditor) 07
Sales 08
95,000
Mr. B (Debtor) 09
Salaries 10
5,000
Expenses 11
20,000
Total

23. Expenses Payable Expenses Payable Account Code 12 Cr. Rs. Narration
Lecture 1
Expenses Payable
Expenses Payable Account Code 12
Cr. Rs.
Narration
No.
Date
Dr. Rs.
20,000
Exp. accrued 14
20,000
20,000
Balance
20,000

24. Name Of The Organization (Ali Traders)
Lecture 1
Name Of The Organization (Ali Traders)
Trial Balance As On ( January 31, 20--)
Title of Account
Code
Dr. Rs.
Cr. Rs.
Cash Account 01
35,000
Bank Account 02
130,000
Capital Account 03
200,000
Furniture Account 04
15,000
Vehicle Account 05
50,000
Purchases Account 06
60,000
Mr. A (Creditor) 07
Sales 08
95,000
Mr. B (Debtor) 09
Salaries 10
5,000
Expenses 11
20,000
Expenses Payable 12
Total
330,000

25. Name Of The Organization (Ali Traders)
Lecture 1
Name Of The Organization (Ali Traders)
Trial Balance As On ( January 31, 20--)
Title of Account
Code
Dr. Rs.
Cr. Rs.
Cash Account 01
35,000
Bank Account 02
130,000
Capital Account 03
200,000
Furniture Account 04
15,000
Vehicle Account 05
50,000
Purchases Account 06
60,000
Mr. A (Creditor) 07
Sales 08
95,000
Mr. B (Debtor) 09
Salaries 10
5,000
Expenses 11
20,000
Expenses Payable 12
Total
330,000

26. Trial Balance As On January 31, 20--
Lecture 1
Ali Traders
Trial Balance As On January 31, 20--
Title of Account
Code
Dr. Rs.
Cr. Rs.
Cash Account 01
35,000
Bank Account 02
130,000
Capital Account 03
200,000
Furniture Account 04
15,000
Vehicle Account 05
50,000
Purchases Account 06
60,000
Mr. A (Creditor) 07
Sales 08
95,000
Mr. B (Debtor) 09
Salaries 10
5,000
Expenses 11
20,000
Expenses Payable 12
Total
330,000

27. Ali Traders Profit and Loss Account
Lecture 1
Ali Traders Profit and Loss Account
Name of the Entity (Ali Traders)
Profit and Loss Account for the Month Ending January 31, 20--
Debit
Credit
Particulars
Rs.
Cost of Sale (Purchases)
60,000
Income
95,000
Gross Profit
(income – Cost of Sale)
35,000
Total
Admin Expenses
Salaries 5,000
Expenses 20,000
25,000
Net Profit
(gross Profit – expenses)
10,000

28. Ali Traders Profit and Loss Account
Lecture 1
Ali Traders Profit and Loss Account
Name of the Entity (Ali Traders)
Profit and Loss Account for the Month Ending January 31, 20--
Particulars
Amount
Rs.
Income / Sales / Revenue
Less: Cost of Goods Sold
95,000
(60,000)
Gross Profit
Less: Administrative Expenses
(25,000)
35,000
Net Profit
10,000