JUNE-2010 Mercantile Bank Ltd Profit & loss a/c For the year ended 31 Dec,2009 Dr Expenditure Int.

Paid General Exp. Salaries & allowance (-) GM salary GM salary Div. accured & outstanding Dep. On premises Bad debts Cr Tk Income 42048 Int. Received 91363 (-)Unexpired Discount Discount Charges 90000 Commission Charges 10000 Dividend Received Net Loss 123395 17500 5500 379806 Tk 141010 42000 99010 38461 154859 86251 1225

100000 10000

379806

Mercantile Bank Ltd Balance Sheet As on 31Dec,2009. Capital & Liabilities Tk Assets Share capital Cash in hand 88750 Shares @ tk10 each 887500 Cash with B. Bank Reserve 500000 Balance with other bank Add. Reserve for final 56005 556005 Govt. Securities dividend Inv. In share Current a/c 2581343 Inv. In national Def. bond Deposit a/c 685135 Money at call & short notice dividend accured & outstanding 123395 Bill discounted Profit & loss a/c: 128139 (-) Unexpired Discount (-) Net loss 1225 126914 Advances to customer Less: (-) Bad debt Last yr Dividend Intrem 32138 Bank Premises Final 56005 (-) Dep. 38771 Acceptance & endorsement Suspense a/c for customer 340216 Acceptance & endorsement for customer 5212365

Tk 341644 621858 224220 618358 248000 168000 279416 833483 42000 1342120 5500 260000 17500 791483

1336620

242500 50 340216 5212365

SOLVED BY: MD. KOESH AL-MAHMUD SO (IT) MA (ENGLISH), MBA(IBA,RU) DAIBB

Sonali Bank Limited, DEPZ BR.,DHAKA. Mob# 01711367555 E-mail: [email protected]

Dec-2009 Dr Expenditure Int. Paid General Exp. Salaries & allowance GM salary Provident fund contribution Loss on sale of gold Director`s fees & allowance Law charges Postage & Telegram Auditor fees Depreciation Repair Stationary & Printing Provision for loans Pofit & loss a/c Net Profit

Capital & Liabilities Share capital (-)Calls in arrear Reserve Add.20% statutory Reserve Current a/c Fixed Deposit a/c Saving bank a/c Borrowing from banks Bills Payable Unclaimed Dividend Outstanding expenses WPPF Dividend Profit & loss a/c: Last Yrs (+) Current Yrs (-)WPPF (-) Dividend 5% (-) Income Tax (-) 20% statutory Reservs Bills for collection Acceptance & endorsement

Prime Bank Ltd Profit & loss a/c For the year ended 31 Dec,2008 Cr Tk Income (Less bad debts & other Provision) Tk 1300000 Int. & discount 4600000 2700 (-)Rebate 106093 307000 4493907 15000 28500 Commission & exchange 132000 42000 Rent 36000 10700 Profit on sale on investment 141000 13900 Transfer fees 100 6300 3000 3600 4800 10000 125000 2930507 4803007 4803007 Prime Bank Ltd Balance Sheet As on 31Dec,2009. Tk Assets Tk 20000000 Cash in hand 31654000 25000 19975000 Cash with B. Bank 15000000 10000000 586101 Balance with other bank 10586101 Investment 70011000 66750000 Money at call & short notice 41625000 1600000 Bill discounted 31577000 550000 34000 111000 450000 998750 (-) Rebate 106093 Loans (-) Provision Bank Premises Furniture Non banking asset 1994056 1000000 Bills for collection 1550000 Acceptance & endorsement 217234907 1000000 1550000 217234907 50316000 125000 44321000 7260000 29300000

1616000 2930507 4546507 450000 4096507 998750 3097757 517600 2580157 586101

31470907

50191000 5000000 440000 48000

SOLVED BY: MD. KOESH AL-MAHMUD SO (IT) MA (ENGLISH), MBA(IBA,RU) DAIBB

Sonali Bank Limited, DEPZ BR.,DHAKA. Mob# 01711367555 E-mail: [email protected]

NOV-2008 Jamuna Bank Ltd Profit & loss a/c For the year ended 31 Dec,2007 Dr Expenditure Int. Paid General Exp. Salaries & allowance (-) GM salary GM salary Unexpired Discount Dep. On bank property Net profit c/d Cr Tk Income 42048 Int. Received 91363 (-)Bad debts Discount Charges 90000 Commission Charges 10000 Dividend Received less Tax 42000 17500 122170 415081 Tk 141010 5500 135510 38461 154859 86251

100000 10000

415081

Jamuna Bank Ltd Profit & loss appropriation a/c For the year ended 31 Dec,2007 Dr Particulars Dividend: Intrem Final Dividend accured 20% Statutory Reserve Balance c/d Cr Tk Particulars 32188 Profit & loss account 56005 123395 Balance b/d 24434 14287 250309 Tk 128139 122170

250309

Jamuna Bank Ltd Balance Sheet As on 31Dec,2009. Capital & Liabilities Tk Assets Tk Share capital Cash in hand 88750 Shares @ tk10 each 887500 Cash with B. Bank Reserve 500000 Balance with other bank Add. Reserve for final 56005 556005 Govt. Securities a/c dividend Investment on Share Current a/c 2581343 Investment on national def. bond Deposit a/c 685135 Money at call & short notice dividend accured & outstanding 123395 Bill discounted 833483 Profit & loss apprepriationa/c: 14287 (-) Unexpired Discount 42000 Advances to customer (-) Bad debt 20% Statutory Reserve 24434 Bank Premises (-) Dep. Acceptance & endorsement for customer SOLVED BY: MD. KOESH AL-MAHMUD SO (IT) MA (ENGLISH), MBA(IBA,RU) DAIBB 260000 17500 1342120 5500

341644 621858 224220 618358 248000 168000 279416 791483

1336620

242500

340216 Acceptance & endorsement for customer 5212315 Sonali Bank Limited, DEPZ BR.,DHAKA. Mob# 01711367555 E-mail: [email protected]

340216 5212315

Nov-07 SYM Bank Ltd Profit & loss a/c For the year ended --- Dec,-------Dr Expenditure Rent & tax Travel Expenses Audit Fees Int. on deposit Salaries Expenses Advertiseing Stationary expenses Telephone Law Charges Printing Expenses Int.expenses Dep. On plant Net profit Cr Tk Income 40000 Interest & commission 10000 (-) Provision 6000 280000 Discount & exchange 200000 (-) Unexpired bill 10000 50000 Others income 10000 Profit on sale of investment 6000 Share Transfer fees 10000 4000 30000 199000 855000 Tk 560000 300000 180000 25000 260000

155000 75000 55000 310000

855000

Capital & Liabilities Called up capital Share capital Paid up capital (-) Calls in arrear Cash dividend Statutory Reserve (+) 20% Statutory Reserve Retain earning Current/Fixed/Saving Deposit Income Tax Net Profit (-) 20% Statutory Reserve Less: Cash dividend (-)40% income tax Acceptance & endorsement L/C Bills for collection Suspense a/c

5800000 650000

2500000 39800

199000 39800 159200 19900 139300 79600

SYM Bank Ltd Balance Sheet As on ----------------------Tk Assets 5800000 Cash in hand Cash with other Bank 5150000 Investment Int. due on investment 19900 Overdraft & cash credit Demand Loans 2539800 Loans & advances (7000000-300000) 280000 Bill discounted & Purchase 16080000 (-) Rebate unexpired bill 79600 Unexpired Insurance

Tk 2500000 2900000 7700000 70000 9000000 1300000 6700000 600000 25000 575000 4000

Plant asset 59700 (-) Dep. 25000 Acceptance & endorsement 45000 L/C 450000 Bills for collection 6660000 31389000

150000 30000

120000 25000 45000 450000

31389000

SOLVED BY: MD. KOESH AL-MAHMUD SO (IT) MA (ENGLISH), MBA(IBA,RU) DAIBB

Sonali Bank Limited, DEPZ BR.,DHAKA. Mob# 01711367555 E-mail: [email protected]

May-07 XYZ Bank Ltd Profit & loss a/c For the year ended 31 Dec, 2006 Dr Expenditure Director`s fees Auditor Fees Salaries Law charges Postage & telegram Printing & stationary Rent Provident fund contribution Dep. On Building On Furniture Loss on investment Net profit Cr Tk Income 2980 3000 Interest & discount 52150 (-) Rebate 1650 2156 Commission & exchange 2390 8507 15000 7000 4500 11500 28126 178864 306323 XYZ Bank Ltd Balance Sheet As on 31 Dec, 2006 Tk Assets Tk 1500000 205000 Cash in hand 50000 Cash with Bangladesh Bank 3412489 Bill Discounted 1400520 3895554 (-) Rebate 5900 2068000 66894 Loans, Cash credit, Overdraft 35000 Unexpired insurance 60000 Investment 35773 95773 Furniture 37280 (-) Dep. 4500 178864 40333 219197 35773 183424 200000 Building 2340 (-) Dep. 205000 7000 200223 5900 Tk

194323 112000

306323

Capital & Liabilities Paid up capital General Reserve Contingency reserve Current account Fixed Deposit Saving Deposit Branch adj Inv. Reserve fund Statutory Reserve (+) 20% Statutory Reserve

816324 1202125 1394620 7020000 625 850000

32780

Net Profit current year (+) Profit & loss a/c (-) 20% Statutory Reserve

Acceptance on behalf of customer Suspense a/c

198000 200000 11714474

Acceptance on behalf of customer 11714474

SOLVED BY: MD. KOESH AL-MAHMUD SO (IT) MA (ENGLISH), MBA(IBA,RU) DAIBB

Sonali Bank Limited, DEPZ BR.,DHAKA. Mob# 01711367555 E-mail: [email protected]

May-06 ABC Bank Ltd. Profit & loss a/c For the year ended 31 Dec, 2006 Dr Expenditure Int. paid General Expenses Int. & dividend accured Salaries & allowance (-) G M salary G M salary Unexpired Discount Dep. On Bank primises Cr Tk Income 42048 91363 Interest received 123395 (-) Bad debts 100000 10000 90000 10000 42000 17500 416306 ABC Bank Limited Balance Sheet As on 31 Dec, 2005 Capital & Liabilities Tk Assets Tk Share capital Cash in hand 88750 Shares @ tk10 each 887500 Cash with Bangladesh Bank Reserve 500000 Balance with other bank Add. Reserve for final 56005 556005 Govt. Securities dividend Inv. In share Current a/c 2581343 Inv. In national Def. bond Deposit a/c 685135 Money at call & short notice dividend accured & outstanding 123395 Bill discounted 833483 Profit & loss a/c: 128139 (-) Unexpired Discount 42000 (-) Net loss 1225 126914 Advances to customer 1342120 Less: (-) Bad debt 5500 Last yr Dividend Intrem 32188 Bank Premises 260000 Final 56005 (-) Dep. 17500 38721 Acceptance & endorsement for customer 340216 Acceptance & endorsement for customer 5212315 Commission charges Discount charges Dividend received less tax Net Loss 141010 5500 Tk

135510 154859 38461 86251 1225 416306

341644 621858 224220 618358 248000 168000 279416 791483

1336620

242500

340216 5212315

PLEASE SEE OTHER SHEETS FOR JOURNAL ENTRIES & WORKSHEET

SOLVED BY: MD. KOESH AL-MAHMUD SO (IT) MA (ENGLISH), MBA(IBA,RU) DAIBB

Sonali Bank Limited, DEPZ BR.,DHAKA. Mob# 01711367555 E-mail: [email protected]

SOLVED BY: MD. KOESH AL-MAHMUD SO (IT) MA (ENGLISH), MBA(IBA,RU) DAIBB

Sonali Bank Limited, DEPZ BR.,DHAKA. Mob# 01711367555 E-mail: [email protected]

Solved by: MD. KOESH AL-MAHMUD. MA(English),MBA(IBA,RU), DAIBB NOVEMBER-2011

Sonali Bank Limited Dhaka EPZ Br.,Dhaka. E-mail: [email protected] Mob# 01711367555

Date Account title APRIL 1 CASH ACCOUNT MR.KAMAL`S CAPITAL (Being kamal give the cash as capital) 4 LAND CASH ACCOUNT (Being land purchased) 8 Advertising expenses A/C Payable (As advertising expenses incrurred ) 11 Salaries expenses Cash a/c ( As salaries paid on cash) 13 Prepaid insurance Cash a/c ( As insurance paid on cash) 17 Mr. kamal`s withdrawal Cash a/c ( As Mr. kamal withdraw cash) 20 Cash a/c Adimission revenue ( As admission fees received on cash) 25 Cash a/c Unearned Adimission revenue ( As admission fees received on cash) 30 Cash a/c Adimission revenue ( As admission fees received on cash) 30 A/C Payable Cash a/c ( As a/c payable paid for adv. Expenses)

NANDAN PARK JOURNAL ENTRIES L.F Dr TK 200000

Cr TK

200000 50000 50000 2000 2000 15000 15000 36000 36000 10000 10000 6000 6000 25000 25000 8900 8900 900 900

Date

Account title MR.KAMAL`S CAPITAL LAND Salaries expenses Prepaid insurance Mr. kamal`s withdrawal Adimission revenue Unearned Adimission revenue Adimission revenue A/C Payable

CASH ACCOUNT J.F Dr TK 200000

Cr TK 50000 15000 36000 10000 6000 25000 8900 900

Balance 200000 150000 135000 99000 89000 95000 120000 128900 128000

Date

Account title Cash

Land J.F Dr TK 50000

Cr TK

Balance 50000

Solved by: MD. KOESH AL-MAHMUD. MA(English),MBA(IBA,RU), DAIBB

Sonali Bank Limited Dhaka EPZ Br.,Dhaka. E-mail: [email protected] Mob# 01711367555 KAMAL`S CAPITAL J.F Dr TK

Date

Account title Cash account

Cr TK 200000

Balance 200000

Date

Account title Account Payable

Advertising Expenses J.F Dr TK 2000 Accounts payable J.F Dr TK 900

Cr TK

Balance 2000

Date

Account title Cash Adv. Expenses

Cr TK 2000

Balance 900 1100

Date

Account title Cash

Salaries J.F Dr TK 15000 Prepaid insurance J.F Dr TK 36000 Mr. kamal`s drawings J.F Dr TK 10000 Admission Revenue J.F Dr TK

Cr TK

Balance 15000

Date

Account title Cash

Cr TK

Balance 36000

Date

Account title Cash

Cr TK

Balance 10000

Date

Account title Cash Cash

Cr TK 6000 8900

Balance 6000 14900

Date

Account title Cash

Unearned Admission Revenue J.F Dr TK

Cr TK 25000

Balance 25000

Account title Cash Mr. Kamai`sCapital Land Advertising Expenses Accounts payable Salaries Expenses Prepaid insurance Mr. Kamai`s Drawings Admission revenue Unurned Revenue

NANDAN PARK Trial Balance for the period ended............ Dr TK 128000

Cr TK 200000 50000 2000 1100 15000 36000 10000 14900 25000 241000

241000

Solved by: MD. KOESH AL-MAHMUD. MA(English),MBA(IBA,RU), DAIBB MAY-2012

Sonali Bank Limited Dhaka EPZ Br.,Dhaka. E-mail: [email protected] Mob# 01711367555

Date Account title May-12 1 CASH ACCOUNT Jane Kent`s CAPITAL (Being jane give the cash as capital) 3 Supplies a/c A/C Payable (Being supplies purchased on credit) 7 Rent expenses Cash a/c (As rent paid in cash) 8 Accounts Receivble Revenue 12 Cash a/c Unurned Revenue Salary Expenses Cash a/c ( As salary paid in cash) Accounts payable Cash a/c ( As 40% OF SUPPLIES PAID)

JANE KENT JOURNAL ENTRIES L.F Dr TK 250000

Cr TK

250000 25000 25000 9000 9000 21000 21000 3500 3500 20000 20000 10000 10000

31

31

Date

Account title Jane Kent`s CAPITAL Rent expenses Salary Expenses Accounta payable Unearned revenue

CASH ACCOUNT J.F Dr TK 250000

Cr TK 9000 20000 10000 3500

Balance 250000 241000 221000 211000 214500

Date

Account title Cash account

KAMAL`S CAPITAL J.F Dr TK

Cr TK 250000

Balance 250000

Date

Account title Account Payable

Supplies J.F Dr TK 25000 Accounts payable J.F Dr TK 10000

Cr TK

Balance 25000

Date

Account title Cash Supplies account

Cr TK 25000

Balance 10000 15000

Solved by: MD. KOESH AL-MAHMUD. MA(English),MBA(IBA,RU), DAIBB

Sonali Bank Limited Dhaka EPZ Br.,Dhaka. E-mail: [email protected] Mob# 01711367555

Date

Account title Cash

Salaries J.F Dr TK 20000 Rent J.F Dr TK 9000 Accounts receivable J.F Dr TK 21000 Unurned Revenue J.F Dr TK

Cr TK

Balance 20000

Date

Account title Cash

Cr TK

Balance 9000

Date

Account title Revenue

Cr TK

Balance 21000

Date

Account title Cash

Cr TK 3500

Balance 3500

Date

Account title Account Receivable

Revenue J.F Dr TK

Cr TK 21000

Balance 21000

Account title Cash Jane Kent`s CAPITAL Supplies Rent Accounts payable Salaries Accounts Receivable Revenue Unurned Revenue

Jane Kent Trial Balance for the period ended............ Dr TK 214500

Cr TK 250000 25000 9000 15000 20000 21000 21000 3500 289500

289500

Solved by: MD. KOESH AL-MAHMUD. MA(English),MBA(IBA,RU), DAIBB DECEMBER-2012

Sonali Bank Limited Dhaka EPZ Br.,Dhaka. E-mail: [email protected] Mob# 01711367555

Date Account title APRIL 1 CASH ACCOUNT Rosy`s capital account (Being Rossy give the cash as capital) 4 LAND CASH ACCOUNT (Being land purchased) 8 Advertising expenses A/C Payable (As advertising expenses incrurred ) 11 Salaries expenses Cash a/c ( As salaries paid on cash) 13 Prepaid insurance Cash a/c ( As insurance paid on cash) 17 Rossy`s withdrawal Cash a/c ( As Rossy withdraw cash) 20 Cash a/c Adimission revenue ( As admission fees received on cash) 25 Cash a/c Unearned Adimission revenue ( As admission fees received on cash) 30 Cash a/c Adimission revenue ( As admission fees received on cash) 30 A/C Payable Cash a/c ( As a/c payable paid for adv. Expenses)

Adventure Park JOURNAL ENTRIES L.F Dr TK 50000

Cr TK

50000 30000 30000 1800 1800 1500 1500 1500 1500 600 600 5700 5700 2500 2500 5900 5900 700 700

Date

Account title ROSSY`S CAPITAL LAND Salaries expenses Prepaid insurance Rossy`s withdrawal Adimission revenue Unearned Adimission revenue Adimission revenue A/C Payable

CASH ACCOUNT J.F Dr TK 50000

Cr TK 30000 1500 1500 600 5700 2500 5900 700

Balance 50000 20000 18500 17000 16400 22100 24600 30500 29800

Date

Account title Cash

Land J.F Dr TK 30000

Cr TK

Balance 30000

Solved by: MD. KOESH AL-MAHMUD. MA(English),MBA(IBA,RU), DAIBB

Sonali Bank Limited Dhaka EPZ Br.,Dhaka. E-mail: [email protected] Mob# 01711367555 Rossy`S CAPITAL J.F Dr TK

Date

Account title Cash account

Cr TK 50000

Balance 50000

Date

Account title Account Payable

Advertising Expenses J.F Dr TK 1800 Accounts payable J.F Dr TK 700

Cr TK

Balance 1800

Date

Account title Cash Adv. Expenses

Cr TK 1800

Balance 700 1100

Date

Account title Cash

Salaries J.F Dr TK 1500 Prepaid insurance J.F Dr TK 1500 Rossy`s drawings J.F Dr TK 600 Admission Revenue J.F Dr TK

Cr TK

Balance 1500

Date

Account title Cash

Cr TK

Balance 1500

Date

Account title Cash

Cr TK

Balance 600

Date

Account title Cash Cash

Cr TK 5700 5900

Balance 5700 11600

Date

Account title Cash

Unearned Admission Revenue J.F Dr TK

Cr TK 2500

Balance 2500

Account title Cash ROSSY`S CAPITAL Land Advertising Expenses Accounts payable Salaries Expenses Prepaid insurance Mr. Kamai`s Drawings Admission revenue Unurned Revenue

ADVENTURE PARK Trial Balance for the period ended............ Dr TK 29800

Cr TK 50000 30000 1800 1100 1500 1500 600 11600 2500 65200

65200

Solved by: MD. KOESH AL-MAHMUD. MA(English),MBA(IBA,RU), DAIBB JUNE-2013

Sonali Bank Limited Dhaka EPZ Br.,Dhaka. E-mail: [email protected] Mob# 01711367555

Date JAN 1

Account title

CAMPUS LAUNDRY JOURNAL ENTRIES L.F Dr TK 20000

Cr TK

CASH ACCOUNT MR. M KHAN`S CAPITAL (Being kamal give the cash as capital) Rent CASH ACCOUNT (Being rent given on cash) Laundry equipment Notes Payable Cash account Prepaid insurance Cash a/c ( As insurance paid on cash) Advertising expenses Accounts payable ( As insurance paid on cash) Mr. M Khan`s drawings Cash a/c ( As Mr. kamal withdraw cash) Cash a/c Service revenue ( As service revenue received on cash) CASH ACCOUNT J.F Dr TK

20000 1000 1000 25000 15000 10000 1200 1200 200 200 700 700 6200 6200

10

20

30

Date

Account title MR. M KHAN`S CAPITAL Service revenue Rent expenses Laundry Equimpment Prepaid Insurance Mr. M Khan`s drawings

Cr TK 20000 6200 1000 10000 1200 700

Balance 20000 26200 25200 15200 14000 13300

Date

Account title Cash

Rent J.F Dr TK 1000 M. Khan`S CAPITAL J.F Dr TK

Cr TK

Balance 1000

Date

Account title Cash account

Cr TK 20000

Balance 20000

Date

Account title Cash account Account Payable

Laundry Equimpment J.F Dr TK 10000 15000

Cr TK

Balance 10000 25000

Solved by: MD. KOESH AL-MAHMUD. MA(English),MBA(IBA,RU), DAIBB

Sonali Bank Limited Dhaka EPZ Br.,Dhaka. E-mail: [email protected] Mob# 01711367555 Accounts payable J.F Dr TK

Date

Account title Adv. Expenses

Cr TK 200

Balance 200

Date

Account title Laundry Equimpment

Notes Payable J.F Dr TK

Cr TK 15000

Balance 15000

Date

Account title Cash

Prepaid insurance J.F Dr TK 1200 Advertising expenses J.F Dr TK 200 M. Khan`s Drawings J.F Dr TK 700 Service Revenue J.F Dr TK

Cr TK

Balance 1200

Date

Account title Accounts payable

Cr TK

Balance 200

Date

Account title Cash

Cr TK

Balance 700

Date

Account title Cash

Cr TK 6200

Balance 6200

Account title Cash MR. M KHAN`S CAPITAL Rent Advertising Expenses Notes payable Laundry Equipment Prepaid insurance Mr.M Khan`s Drawings Service Revenue Account payable

Campus Laundry Trial Balance for the period ended............ Dr TK 13300

Cr TK 20000 1000 200 15000 25000 1200 700 6200 200 41400

41400

PLEASE SEE OTHER SHEETS FOR FINAL ACCOUNT & WORKSHEET

SOLVED BY: MD. KOESH AL- MAHMUD. SO (IT) MA(English),MBA(IBA,RU), DAIBB

SONALI BANK LIMITED DHAKA EPZ BR.DHAKA, MOB# 01711367555 E-MAIL: [email protected]

JUNE-2013 SASSEN ROFFING WORK SHEET AS AT 31 MARCH,2012 Adjustment Adj. Trial Balance Dr Cr Dr Cr 4500 3370 650 11000 1500 2500 720 12900 1100 6300 1300 400 600 1350 250 600 23500 23500 2370 2370 24520 1900 400 1350 250 600 24520 3120 7020 7020 20620 6300 1900 400 1350 250 600 3120 20620 6300

Account Title

Trial Balance Dr Cr 4500 3200 2000 11000 1250 2500 550 12900 1100

Income Statement Dr Cr

Balance Sheet Assets Liabilities 4500 3370 650 11000 1500 2500

Cash Accounts Receivable Roofing Supplies Equipment Accumulated Dep. Accounts Payable Unearned Revenue J. Sasse Capital J. Sasse Drawings Service Revenue Salaries Expenses Mis. Expenses Roofing Supplies Exp Dep. Expenses Accured Salaries Net profit

170 1350 250 170

720 12900 1100

SASSEN ROFFING Income Statement as on 31March,2012 Particulars Tk Tk Tk Service Revenue 6300 Add: Unearned Revenue (550+170) 720 Operating Expenses: 7020 Salaries Expenses 1900 Dep. Expenses 250 2150 Administrative Expenses: Supplies Expenses 1350 Mis. Expenses 400 1750 Income from operation: 3900 Net Income 3120 SASSE ROOFING Owners Equity Statement For the year ended 31 Dec,2012 Particulars TK J. Sasse Capital Add: Net Income J. Sasse Drawings J. Sasse Capital 31 March,2012 12900 3120 16020 1100 14920

TK

SOLVED BY: MD. KOESH AL- MAHMUD. SO (IT) MA(English),MBA(IBA,RU), DAIBB

SONALI BANK LIMITED DHAKA EPZ BR.DHAKA, MOB# 01711367555 E-MAIL: [email protected]

Date

SASSE ROOFING Adjusting Journal Entries Particulars Ref Roofing Supplies Expenses a/c Supplies a/c (As supplies Purchase) Dep. Expenses a/c Accumulated Dep. A/c (As dep. Charges) Accounts Receivable Unearned Revenue Salaries Expenses a/c Accured Salaries a/c (As salaries accured)

Tk 1350

Tk 1350 250 250 170 170 600 600

Date

Closing Entries Particulars Service Revenue Dr Unearned Revenue Dr Income Sammary Cr Income Sammary Dr Salary ExpensesCr Mis. Expenses Cr Supplies Expenses Cr Dep. Expenses Cr Income Summary Dr J. Sasse Capital Cr J. Sasse Capital Dr J. Sasse`s Drawings Cr

Tk 6300 720

Tk

7020 3900 1900 400 1350 250 3120 3120 1100 1100

PLEASE SEE OTHER SHEETS FOR FINAL ACCOUNT & JOURNAL ENTRIES