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Introduction to Accounting Doc

   

Added on  2020-05-16

12 Pages1127 Words57 Views
Running head: INTRODUCTION TO ACCOUNTINGIntroduction on AccountingName of the Student:Name of the University:Author’s Note:

INTRODUCTION TO ACCOUNTING1Table of ContentsGeneral Ledger:..........................................................................................................................2Trial Balance:.............................................................................................................................7Statement of Change in Equity:.................................................................................................8Income Statement:......................................................................................................................8Balance Sheet:............................................................................................................................9Bibliography:............................................................................................................................10

INTRODUCTION TO ACCOUNTING2General Ledger:Cash at BankDr.Cr.DateParticularsAmountAmountBalance31-12-2017Opening Balance15,00015,000Dr.15,000Dr.15,000Dr.Closing Balance15,000Dr.Accounts ReceivableDr.Cr.DateParticularsAmountAmountBalance31-12-2017Opening Balance30,00030,000Dr.30,000Dr.30,000Dr.Closing Balance30,000Dr.SuppliesDr.Cr.DateParticularsAmountAmountBalance31-12-2017Opening Balance3,2003,200Dr.Supplies Consumed2,500700 Dr.700 Dr.Closing Balance700 Dr.Prepaid InsuranceDr.Cr.DateParticularsAmountAmounBalance

INTRODUCTION TO ACCOUNTING3t31-12-2017Opening Balance7,5007,500Dr.Preapid Insuranceexpired4,0003,500Dr.3,500Dr.Closing Balance3,500Dr.Prepaid RentDr.Cr.DateParticularsAmountAmountBalance31-12-2017Opening Balance12,00012,000Dr.Prepaid rent expired6,0006,000Dr.6,000Dr.Closing Balance6,000Dr.LandDr.Cr.DateParticularsAmountAmountBalance31-12-2017Opening Balance3,00,000 3,00,000 Dr.3,00,000 Dr.3,00,000 Dr.Closing Balance3,00,000 Dr.BuildingDr.Cr.DateParticularsAmountAmountBalance31-12-2017Opening Balance5,00,000 5,00,000 Dr.Depreciation charged50,0004,50,000 Dr.4,50,00Dr

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