ALIED TRADERS START THE BUSINESS FROM 01.04.2007
1.4.2007 – RECEIVED CAPITAL BY CASH RS. 2.00,000 /-
1.4.2007 – CASH DEPOSITED IN IOB RS. 50,000 /-
PURCHASE
DR(CREDIT PURCHASE)
DATE INV.NO PARTIES NAME
(CR) AMOUNT
5.4.2007 12 KRISHNA TRADERS 20,000
5.4.2007 43 PRAVIN TRADERS 20,000
10.4.2007 14 KRISHNA TRADERS 20,000
10.4.2007 44 PRAVIN TRADERS 20,000
PURCHASE RETURN
CR(PURCHASE RETURN)
DATE INV.NO PARTIES NAME
(DR) AMOUNT
10.4.2007 12 KRISHNA TRADERS 5,000
12.4.2007 44 PRAVIN TRADERS 5,000
CREDIT SALES
CR(CREDIT SALES)
DATE INV.NO PARTIES NAME
DR AMOUNT
15.4.2007 1 RAVI & CO 1,00,000
15.4.2007 2 KUMAR & CO 1,00,000
CASH SALES
DR(CASH) CR(CASH SALES)
DATE INV.NO PARTIES NAME AMOUNT
15.4.2007 3 RAVI & CO 20,000
SALES RETURN
DATE INV.NO PARTIES NAME AMOUNT
17.4.2007 1 RAVI & CO 5,000
17.4.2007 5 KUMAR & CO 5,000
PAYMENT MADE BY CHEQUE
DATE CHEQUE.NO PARTIES NAME AMOUNT
20.04.2007 153154 KRISHNA TRADERS 30,000
20.04.2007 153155 PRAVIN TRADERS 30,000
RECEIVED CHEQUE FROM
DATE CH.NO PARTIES NAME AMOUNT
23.4.2007 302302 RAVI & CO 75,000
23.4.2007 116210 KUMAR & CO 75,000
PAYMENT MADE BY CASH
CR(CASH)
DATE EXPENSES AMOUNT
25.4.07 PAID TO PETTY CASH 1,000
25.4.07 PAID TO FURNITURE 20,000
25.4.07 SALARIES 10,000
25.4.07 RENT 4,000
25.4.07 E.B CHARGES 3,000
25.4.07 TELEPHONE CHARGES 3,500
25.4.07 CASH PURCHASE 5,000
PAYMENT MADE BY PETTY CASH
DATE EXPENSES AMOUNT
30.04.2007 CONVEYANSE 150
30.04.2007 POSTAGE 100
30.04.2007 STATIONERIES 200
30.04.2007 STAFF WELFARE 100
JOURNAL
30.04.2001
STATIONERIES PURCHASE FROM SRIRAM & CO FOR RS 1500/- CREDIT.
DEPRECIATION ON FURNITURE 10%.
BALANCE SHEET: 3, 21,950.00
