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Ledger Accounts

The document outlines a financial ledger detailing transactions over several days, including capital introductions, expenses, and sales. It shows a balance that fluctuates based on debits and credits, with notable entries for rent, purchases, and payments. The final balance reflects the cumulative effect of these transactions.

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HungrySama
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2 views

Ledger Accounts

The document outlines a financial ledger detailing transactions over several days, including capital introductions, expenses, and sales. It shows a balance that fluctuates based on debits and credits, with notable entries for rent, purchases, and payments. The final balance reflects the cumulative effect of these transactions.

Uploaded by

HungrySama
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Date Details Debit ($) Credit ($) Balance ($)

1st Cash (Capital Introdu 5000 5000


Date Details Debit ($) Credit ($) Balance ($)
1st Capital 5000 5000
2nd Rent 200 4800
4th Books Purchase (W Smith) 420 4380
5th Odd-job Payment 75 4305
6th Advertisement 10 4295
7th Sales (Shakespeare Set) 60 4355
8th Credit Sale (Local School) 4355
9th Payment to J Fox 525 3830
10th Received from School 200 4030
11th Cleaning & Payment 40 3990
12th Personal Drawings 100 3890
13th Other Sales 1500 5390
Date Details Debit ($) Credit ($) Balance ($)
3rd Books Purc 825 825
4th Books Purc 420 1245
Date Details Debit ($) Credit ($) Balance ($)
7th Cash Sale (Shakespea 60 60
8th Credit Sale (Local Sch 300 360
13th Other Cash Sales 1500 1860
14th Final Sales 0 1860
Date Details Debit ($) Credit ($) Balance ($)
3rd Books Purchase 825 825
9th Payment 525 300
Date Details Debit ($) Credit ($) Balance ($)
8th Credit Sale 300 300
10th Payment R 200 100
Date Details Debit ($) Credit ($) Balance ($)
2nd Rent 200 200
5th Repairs 75 275
6th Advertisem 10 285
11th Cleaning 40 325

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