Debit Credit

Date Particulars Ref

Amount Amount
Jan 01 Cash Debit 10,00,000
Equity Credit 10,00,000
[Mr. Shamsul Arefin Invested cash in his business]
Jan 01 Equipment Debit 50,000
Equity Credit 50,000
[Owner brought his personal computer]
Jan 01 Furniture Debit 1,00,000
Cash Credit 50,000
Accounts Payable Credit 50,000
[Furniture was purchased on cash and credit]
Jan 01 Equipment Debit 50,000
Cash Credit 50,000
[Equipment was purchased on Cash]
Jan 05 Purchase Debit 2,00,000
Accounts Payable Credit 2,00,000
[Tea was purchased on credit]
Jan 06 Purchase Debit 2,00,000
Cash Credit 1,00,000
Accounts Payable Credit 1,00,000
[Tea was purchased on credit and cash]
Jan 07 Accounts Receivable Debit 1,00,000
Sales Revenue Credit 1,00,000
[Sold goods on account.]
Jan 08 Cash Debit 1,50,000
Sales Revenue Credit 1,50,000
[Goods sold on cash]
Jan 10 Purchase Debit 1,50,000
Cash Credit 1,50,000
[Goods purchased on cash]
Jan 12 Accounts Receivable Debit 2,00,000
Sales Revenue Credit 2,00,000
[Goods sold on account]
Jan 14 Supplies Debit 10,000
Cash Credit 10,000
[Purchased stationary on cash]
Jan 14 Cash Debit 1,50,000
Service Revenue Credit 1,50,000

[Provided tea catering service for cash]

Jan 15 Advance Rent Debit 1,20,000
Cash Credit 1,20,000
[Advance Rent paid for six months]
Jan 18 Prepaid Insurance Debit 60,000
Cash Credit 60,000
[Prepaid Insurance premium paid]
 Debit Credit
Date Particulars Ref
Amount Amount
Jan 19 Accounts Receivable Debit 1,20,000
Sales Revenue Credit 1,20,000
[Goods sold on account]
Jan 20 Supplies Debit 20,000
Cash Credit 20,000
[Purchased office supplies for cash]
Jan 21 Supplies Debit 15,000
Accounts Payable Credit 15,000
[Purchased office supplies on account]
Jan 22 Utility Expense Debit 3,000
Accounts Payable Credit 3,000
[Received utility bills and not paid yet]
Jan 23 Cash Debit 70,000
Accounts Receivable Credit 70,000
[Collected cash from Hasin Traders]
Jan 24 Cash Debit 2,00,000
Bank Loan Credit 2,00,000
[Borrowed from Jamuna Bank Ltd.]
Jan 24 Purchase Debit 2,00,000
Cash Credit 2,00,000
[Purchased Tea for cash]
Jan 25 Salary Expense Debit 40,000
Cash Credit 40,000
[Paid the monthly salaries]
Jan 26 Accounts Payable Debit 2,50,000
Cash Credit 2,50,000
[Paid cash for previous credit purchase]
Jan 30 Drawings Debit 50,000
Cash Credit 50,000
[Mr. Shamsul Arefin has withdrew cash]
35,08,000 35,08,000
 Ledger Cash
Debit Credit
Date Particulars Ref Balance
Amount Amount
Jan 01 Equity 10,00,000 10,00,000
Jan 01 Furniture 50,000 9,50,000
Jan 01 Equipment 50,000 9,00,000
Jan 06 Purchase 1,00,000 8,00,000
Jan 08 Sales Revenue 1,50,000 9,50,000
Jan 10 Purchase 1,50,000 8,00,000
Jan 14 Supplies 10,000 7,90,000
Jan 14 Service Revenue 1,50,000 9,40,000
Jan 15 Advance Rent 1,20,000 8,20,000
Jan 18 Prepaid Insurance 60,000 7,60,000
Jan 20 Supplies 20,000 7,40,000
Jan 23 Accounts Receivable 70,000 8,10,000
Jan 24 Bank Loan 2,00,000 10,10,000
Jan 24 Purchase 2,00,000 8,10,000
Jan 25 Salary Expense 40,000 7,70,000
Jan 26 Accounts Payable 2,50,000 5,20,000
Jan 30 Drawings 50,000 4,70,000

Equity
Debit Credit
Date Particulars Ref Balance
Amount Amount
Jan 01 Cash 10,00,000 10,00,000
Jan 01 Equipment 50,000 10,50,000

Accounts Payable
Debit Credit
Date Particulars Ref Balance
Amount Amount
Jan 01 Furniture 50,000 50,000
Jan 05 Purchase 2,00,000 2,50,000
Jan 06 Purchase 1,00,000 3,50,000
Jan 21 Supplies 15,000 3,65,000
Jan 22 Utility Expense 3,000 3,68,000
Jan 26 Cash 2,50,000 1,18,000

Accounts Receivable
Debit Credit
Date Particulars Ref Balance
Amount Amount
Jan 07 Sales Revenue 1,00,000 1,00,000
Jan 12 Sales Revenue 2,00,000 3,00,000
Jan 19 Sales Revenue 1,20,000 4,20,000
Jan 23 Cash 70,000 3,50,000
 Advance Rent
Debit Credit
Date Particulars Ref Balance
Amount Amount
Jan 15 Cash 1,20,000 1,20,000

Bank Loan
Debit Credit
Date Particulars Ref Balance
Amount Amount
Jan 24 Cash 2,00,000 2,00,000

Drawings
Debit Credit
Date Particulars Ref Balance
Amount Amount
Jan 30 Cash 50,000 50,000

Equipment
Debit Credit
Date Particulars Ref Balance
Amount Amount
Jan 01 Equity 50,000 50,000
Jan 01 Cash 50,000 1,00,000

Furniture
Debit Credit
Date Particulars Ref Balance
Amount Amount
Jan 01 Cash 50,000 50,000
Jan 01 Accounts Payable 50,000 1,00,000

Prepaid Insurance
Debit Credit
Date Particulars Ref Balance
Amount Amount
Jan 18 Cash 60,000 60,000

Purchase
Debit Credit
Date Particulars Ref Balance
Amount Amount
Jan 05 Accounts Payable 2,00,000 2,00,000
Jan 06 Cash 1,00,000 3,00,000
Jan 06 Accounts Payable 1,00,000 4,00,000
Jan 10 Cash 1,50,000 5,50,000
Jan 24 Cash 2,00,000 7,50,000
 Salary Expense
Debit Credit
Date Particulars Ref Balance
Amount Amount
Jan 25 Cash 40,000 40,000

Sales Revenue
Debit Credit
Date Particulars Ref Balance
Amount Amount
Jan 07 Accounts Receivable 1,00,000 1,00,000
Jan 08 Cash 1,50,000 2,50,000
Jan 12 Accounts Receivable 2,00,000 4,50,000
Jan 19 Sales Revenue 1,20,000 5,70,000

Service Revenue
Debit Credit
Date Particulars Ref Balance
Amount Amount
Jan 14 Cash 1,50,000 1,50,000

Supplies
Debit Credit
Date Particulars Ref Balance
Amount Amount
Jan 14 Cash 10,000 10,000
Jan 20 Cash 20,000 30,000
Jan 21 Accounts Payable 15,000 45,000

Utility Expense
Debit Credit
Date Particulars Ref Balance
Amount Amount
Jan 22 Accounts Payable 3,000 3,000
 Tea leaf trading
Trial Balance
For the month ended January 31, 20xx

Account Name Debit Amount Credit Amount

Accounts Payable 1,18,000
Accounts Receivable 3,50,000
Advance Rent 1,20,000
Bank Loan 2,00,000
Cash 4,70,000
Drawings 50,000
Equipment 1,00,000
Equity 10,50,000
Furniture 1,00,000
Prepaid Insurance 60,000
Purchase 7,50,000
Salary Expense 40,000
Sales Revenue 5,70,000
Service Revenue 1,50,000
Supplies 45,000
Utility Expense 3,000
20,88,000 20,88,000