CREATION OF EXISTING LEDGERS WITH OPENING BALANCE
   
Name of the LedgerGroup NameOp. Bal
Capital A/cCapital Accounts140000
Cash a/c(No Need to Create)50000
Bank A/cBank Accounts20000
Plant a/cFixed Assets150000
stock a/stock in Hand25000
Srinivas a/cSundry Creditors50000
Akhil a/cSundry Creditors10000
Anand a/cSundry Debtors50000
Murthy a/cSundry Debtors100000
Purchases a/cpurchase accounts55000
Sales a/csales accounts250000
JOURNAL ENTRIES FOR THE F.Y. 2017-18   
      
DateParticularsAmount Tally GroupTally Voucher
  DrCr  
      
Aug-02Cash a/c Dr5000  Receipt (F6)
 To Anand A/c 5000  
      
Aug-31Purchase a/c Dr3000  Purchase (F9)
 To Srinivas A/c 3000  
      
Aug-31Srinivas A/c Dr3000  Payment (F5)
 To Cash a/c 3000  
      
Sep-01Bank a/c Dr1000  Contra (F4)
 To Cash a/c 1000  
      
Sep-02Cash a/c Dr9000  Receipt (F6)
 To Sales a/c 9000  
      
Oct-01Purchase a/c Dr4000  Payment (F5)
 To Cash A/c 4000  
      
      
Oct-02Drawings a/c Dr1000 Capital AccountsPayment (F5)
 To Bank ac 1000  
      
Oct-31Cash a/c Dr50000  Receipt (F6)
 To Murthy a/c 50000  
      
Nov-01Cash a/c Dr1000  Contra (F4)
 To Bank a/c 1000  
      
Nov-02Cash a/c Dr5000   
 To Anand a/c 5000 Receipt (F6)
      
Dec-01Srinivas a/c Dr5500  Payment (F5)
 To Cash a/c 5500  
      
Dec-02Rent a/c dr600  Payment (F5)
 To Cash a/c 600  
      
Dec-31Advertisement a/c Dr500  Payment (F5)
 To Cash a/c 500  
      
Mar-02Salaries a/c Dr1000 Indirect ExpensesPayment (F5)
 To Cash a/c 1000  
      
Mar-31Akhil a/c Dr10000  Payment (F5)
 To Cash a/c 10000  

As on 1-8-2017

T.B.: 4,50,000;

B/s: From 1-4-2017 to 1-8-2017

G.P./N.P: 1,95,000/-;

As on 31-3-2018

T.B.: 4,43,500; B/S:3,78,400

G.P.:1,97,000; N.P.:1,94,900

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