Submitted by:

Muhammad Saad
Ali
Sap Id: 70059116
Department: LBS
Semester: BBA 4th
Subject: Accounting
1
Submitted To: Sir
Mohsin

Assignment no. 02
 
 
Mr As Enterprise
General journal
Date Descriptions Debit RS Credit RS
 
JAN 1 2008 Cash 5000000  
  Furniture 200000  
  Equipment 300000  
  Capital   5500000
  Start bussines with investment    
       
Jan 10 2008 Furniture 200000  
  Cash   150000
  Account payable   50000
  Purchased Furniture    
       
Jan 11 2008 Supplies 2000  
  Cash   2000
  Purchase supllies    
       
Jan 12 2008 Purchases 300000  
  Cash   300000
  Purchase p3 computer each is 30000    
       
Jan 20 2008 MrC 400000  
  Cash   400000
  Loan returned    
       
Jan 27 2008 Madina furniture Account payable 50000  
  Cash   50000
  Paid cah Madina furniture    
       
Jan 28 2008 Sales 288000  
  Cash   288000
  Sold computer 36000 Each    
       
Jan 31 2008 Rent expense 20000  
  Cash   20000
       
       

 
 
 
 
Mr A Enterprise
Ledger Posting
For
the year ended by 31 Jan
st

Cash Account
Date Reference Dr RS Cr RS
Jan 1 2008 Capital 5000000  
Jan 10 08 Mr c   400000
Jan 5 2008 Furniture   150000
Jan 11 08 Supplies   2000
Jan 12 08 Purchases   300000
Jan 27 08 Account payable   50000
Jan 28 08 Sales 288000  
Jan 31 08 Rent Expense   20000
       
Total      
       
 
Capital Account
Date Refernce Dr RS Cr RS
Jan 1 2008 Cash 5000000  
  Furniture 200000  
  Equipment 300000  
       
  Total    
       
 
Furniture Account
Date Refernce Dr RS Cr RS
1-Jan-08 Capital 200000  
  Cash 200000  
       
  Total    
       
       
 
 
Equipment Account
Date Refernce Dr RS Cr RS
1-Jan-08 capital 300000  
       
       
  Total    
       
 
Purchases Account
Date Refernce Dr RS Cr RS
12-Jan-08 Cash 300000  
       
  Total    
       
 
Supplies
Date Refernce Dr RS Cr RS
11-Jan-08 Cash 2000  
       
       
  Total    
       
       
 
Account payable
Date Refernce Dr RS Cr RS
10-Jan-08 Furnituire   50000
       
  Total    
       
 
Madina furniture
Date Refernce Dr RS Cr RS
10-Jan-08 Cash 50000  
       
  Total    
       
Mr A Account
Date Refernce Dr RS Cr RS
20-Jan-08 Cash 400000  
       
  Total    
       
 
Sales account
Date   Dr RS Cr RS
20-Jan-08 Cash   288000
       
  Total    
       
 
Office Rent Expense
Date Refernce Dr RS Cr RS
21-Jan-08 Cash 20000  
       
  Total    
       
 
Dr RS Cr RS
5000000  
4600000  
4500000  
4480000  
4148000  
4098000  
4386000  
4366000  
   
4366000  
   
Dr RS Dr RS
5000000  
200000  
300000  
   
4366000  
   

Dr RS Cr RS
200000  
200000  
   
   
   
   

Dr RS Cr RS
300000  
   
   
300000  
   

Dr RS Cr RS
300000  
   
300000  
   

Dr RS Cr RS
2000  
   
   
2000  
   
   

Dr RS Cr RS
  50000
   
  50000
   

Dr RS Cr RS
50000  
   
50000  
   

DR rs Cr RS
400000  
   
400000  
   

Dr RS Cr rs
  288000
   
  288000
   

Dr RS Cr RS
20000  
   
20000