Transactions for Chopr
SNO. Date
1 Jan-01
2 Jan-04
3 Jan-06
4 Jan-06
5 Jan-08
6 Jan-08
7 Jan-10
8 Jan-12
9 Jan-15
10 Jan-18
11 Jan-25
12 Jan-25
13 Jan-26
14 Jan-27
15 Jan-28
16 Jan-31
17 Jan-31
18 Jan-31
19 Jan-31
20 Jan-31
Transactions for Chopra & Sons Company
Transaction
Capital of Rs. 5,00,000 brought by [Link].
The company borrowed Rs. 20,000 from a bank.
The company purchased Machinery worth Rs. 25,000
An amount of Rs. 36,000 was paid as rent.
Paid Rs. 6,000 cash on the purchase of furniture costing Rs. 8,000 to Mr. Ashish.
Purchased office supplies costing Rs. 7,600 on cash.
Provided services to its customers and received Rs. 85,000 in cash.
Paid the remaining Rs. 2,000 to Mr. Ashish.
Provided services of Rs. 5,100 to its customers. They paid Rs. 2,900 and promised to pay th
Received Rs. 1,300 from customers.
Depreciation on the Machinery - Rs. 2,000
[Link] withdraws Rs. 10,000 from the company.
Received commission of Rs. 1,500.
Purchased furniture worth Rs. 1,000 for personal use.
Purchased a van worth Rs. 1,00,000 for transportation.
Paid Miscellaneous expenses of Rs. 2,500.
Paid electricity bill of Rs. 2,470.
Paid telephone bill of Rs. 1,494.
Paid Rs. 3,000 salary to the driver
Paid wages to its employees - Rs. 19,100.
Date
Jan-01
Being capital Brought by M
Jan-04
Being Loan taken from th
Jan-06
Being Machinery Purch
Jan-06
Being Rent paid
Jan-08
Being furniture Purchased partially on cas
Jan-08
Being office supplies pur
Jan-10
Being services provided to th
Jan-12
Being remaining amount paid fo
Jan-15
Being Services provided partially on cash
Jan-18
Being 1300 received from
Jan-25
Being depreciation provided on
Jan-25
Being owner withdraws
Jan-26
Being commission rece
Jan-27
Being owner purchases furniture fo
Jan-28
Being van purchase
Jan-31
Being various expensed
Account Name Debit (Rs.) Credit (Rs.)
Cash A/C 500,000
- Capital A/C 500,000
Being capital Brought by [Link]
Cash at Bank A/C 20,000
- Loan from Bank A/C 20,000
Being Loan taken from the Bank
Machinery A/C 25,000
- Cash A/C 25,000
Being Machinery Purchased
Rent A/C 36,000
-Cash A/C 36,000
Being Rent paid
Furniture A/C 8,000
- Cash A/C 6,000
- Accounts Payable (Mr. Ashish) 2,000
Being furniture Purchased partially on cash and partially on credit
Office Supplies A/C 7,600
- Cash A/C 7,600
Being office supplies purchased
Cash A/C 85,000
- Sales A/C 85,000
Being services provided to the customers
Accounts Payable A/C 2,000
- Cash A/C 2,000
Being remaining amount paid for the furniture
Cash A/C 2,900
Accounts Receivables A/C 2200
- Sales A/C 5,100
Being Services provided partially on cash and partially on credit
Cash A/C 1,300
- Accounts Receivables 1,300
Being 1300 received from debtors
Depreciation A/C 2,000
- Machinery A/C 2,000
Being depreciation provided on the machinery
Owner's Withdrawl (Capital 10,000
- Cash A/C 10,000
Being owner withdraws capital
Cash A/C 1,500
- Commission A/C 1,500
Being commission received
Owner's Withdrawl (Capital 1,000
- Cash A/C 1,000
Being owner purchases furniture for his personal use
Van A/C 100,000
- To Cash A/C 100,000
Being van purchased
[Link] A/C 2,500
Electricity Bill A/C 2,470
Telephone Bill A/C 1,494
Salary A/C 3,000
Wages A/C 19,100
- Cash A/C 28,564
Being various expensed paid
Debit C
Date Particulars
Jan-01 To Capital A/C
Jan-10 To Sales A/C
Jan-15 To Sales A/C
Jan-18 To Accounts Receivabl
Jan-26 To Commission A/C
Feb-01 To Balance b/d
Debit Ca
Date Particulars
Jan-25 To Cash A/C
Jan-27 To Cash A/C
Jan-31 To Balance c/d
Debit Cash
Date Particulars
Jan-04 To Loan from bank A/C
Feb-01 To Balance b/d
Debit Loan fr
Date Particulars
Jan-31 To Balance c/d
Debit Mach
Date Particulars
Jan-06 To Cash A/C
Feb-01 To Balance b/d
Debit R
Date Particulars
Jan-06 To Cash A/C
Feb-01 To Balance b/d
Debit Furn
Date Particulars
Jan-08 To Cash A/C
Jan-08 To Accounts Payable A
Feb-01 To Balance b/d
Debit Account
Date Particulars
Jan-12 To Cash A/C
Debit Office
Date Particulars
Jan-08 To Cash A/C
Feb-01 To Balance b/d
Debit Sa
Date Particulars
Jan-31 To Balance c/d
Debit Accounts
Date Particulars
Jan-15 To Sales A/C
Feb-01 To Balance b/d
Debit Depre
Date Particulars
Jan-25 To Machinery A/C
Feb-01 To Balance b/d
Debit Comm
Date Particulars
Jan-31 To Balance c/d
Debit V
Date Particulars
Jan-28 To Cash A/C
Feb-01 To Balance b/d
Debit Misc.E
Date Particulars
Jan-31 By Cash A/C
Feb-01 To Balance b/d
Debit Electr
Date Particulars
Jan-31 By Cash A/C
Feb-01 To Balance b/d
Debit Teleph
Date Particulars
Jan-31 By Cash A/C
Feb-01 To Balance b/d
Debit Sa
Date Particulars
Jan-31 By Cash A/C
Feb-01 To Balance b/d
Debit W
Date Particulars
Jan-31 By Cash A/C
Feb-01 To Balance b/d
Cash A/C
Amount Date Particulars
500000 Jan-06 By Machinery A/C
85000 Jan-06 By Rent A/C
2900 Jan-08 By Furniture A/C
1300 Jan-08 By Office Supplies A/C
1500 Jan-12 By Accounts Payable A/C
Jan-25 By Capital A/C
Jan-27 By Capital A/C
Jan-28 By Van A/C
Jan-31 By [Link] A/C
Jan-31 By Electricity Bill A/C
Jan-31 By Telephone Bill A/C
Jan-31 By Salary A/C
Jan-31 By Wages A/C
Jan-31 By Balance c/d
590700
374536
Capital A/C
Amount Date Particulars
10000 Jan-01 By Cash A/C
1000
489000
500000
Feb-01 By Balance b/d
Cash at Bank A/C
Amount Date Particulars
20000 Jan-31 By Balance c/d
20000
20000
Loan from Bank A/C
Amount Date Particulars
20000 Jan-04 By Cash at bank A/C
20000
Feb-01 By Balance b/d
Machinery A/C
Amount Date Particulars
25000 Jan-25 By Depreciation A/C
Jan-31 By Balance c/d
25000
23000
Rent A/C
Amount Date Particulars
36000 Jan-31 By Balance c/d
36000
36000
Furntiure A/C
Amount Date Particulars
6000 Jan-31 By Balance c/d
2000
8000
8000
Accounts Payable A/C
Amount Date Particulars
2000 Jan-08 By Furniture A/C
2000
Office Supplies A/C
Amount Date Particulars
7600 Jan-31 By Balance c/d
7600
7600
Sales A/C
Amount Date Particulars
90100 Jan-10 By Cash A/C
Jan-15 By Cash A/C
Jan-15 By Accounts Receivables A
90100
Feb-01 By Balance b/d
Accounts Receivable A/C
Amount Date Particulars
2200 Jan-18 By Cash A/C
Jan-31 By Balance c/d
2200
900
Depreciation A/C
Amount Date Particulars
2000 Jan-31 By Balance c/d
2000
2000
Commission A/C
Amount Date Particulars
1500 Jan-26 By Cash A/C
1500
Feb-01 By Balance b/d
Van A/C
Amount Date Particulars
100000
Jan-31 By Balance c/d
100000
100000
[Link] A/C
Amount Date Particulars
2500
Jan-31 By Balance c/d
2500
2500
Electricity Bill A/C
Amount Date Particulars
2470
Jan-31 By Balance c/d
2470
2470
Telephone Bill A/C
Amount Date Particulars
1494
Jan-31 By Balance c/d
1494
1494
Salary A/C
Amount Date Particulars
3000
Jan-31 By Balance c/d
3000
3000
Wages A/C
Amount Date Particulars
19100
Jan-31 By Balance c/d
19100
19100
Credit
Amount
25000
36000
6000
7600
2000
10000
1000
100000
2500
2470
1494
3000
19100
374536
590700
Credit
Amount
500000
500000
489000
Credit
Amount
20000
20000
Credit
Amount
20000
20000
20000
Credit
Amount
2000
23000
25000
Credit
Amount
36000
36000
Credit
Amount
8000
8000
Credit
Amount
2000
2000
Credit
Amount
7600
7600
Credit
Amount
85000
2900
2200
90100
90100
Credit
Amount
1300
900
2200
Credit
Amount
2000
2000
Credit
Amount
1500
1500
1500
Credit
Amount
100000
100000
Credit
Amount
2500
2500
Credit
Amount
2470
2470
Credit
Amount
1494
1494
Credit
Amount
3000
3000
Credit
Amount
19100
19100
Particulars Debit Credit
Cash A/C 374536
Capital A/C 489000
Cash at Bank A/C 20000
Loan from bank A/C 20000
Machinery A/C 23000
Rent A/C 36000
Furniture A/C 8000
Office Supplies A/C 7600
Sales A/C 90100
Accounts Receivable A/C 900
Depreciation A/C 2000
Commission A/C 1500
Van A/C 100000
[Link] A/C 2500
Electricity Bill A/C 2470
Telephone Bill A/C 1494
Salary A/C 3000
Wages A/C 19100
Total 600600 600600