Enter Title

LUCK

100

started business with cash

Cash dr

capital cr

200

purchase goods for cash

purchase dr

cash cr

300

sold furniture for cash

cash dr

furniture cr

400

cash withdrawn for personal use

drawing dr

cash cr

500

purchase dr

Malik  cr

purchase goods on credit from Malik

EFFORT

100

Cash deposited into bank

Bank dr

cash cr

200

cash withdrawn from bank for office use

cash dr

bank cr

300

returned goods to Salman, a supplier

Salman dr

Purchase return cr

400

Drawings dr

Purchase cr

goods withdrawn for personal use

500

Motor vehicle dr

capital cr

private motor vehicle is brought into the business for business use

DESTINY

100

purchase goods on credit from Rithu

purchase dr

Rithu cr

200

salary paid to accountant by cheque

salary dr

bank cr

300

interest received

cash dr

interest received cr

400

goods returned by Vicky, a customer

sales return dr

Vicky cr

500

cash dr

discount allowed dr

Ganapathy cr

cash received from Ganapathy after deducting discount

HARDWORK

100

Sold goods on credit to Tina

Tina dr

Sales cr

200

Purchase building for cash

Building dr

Cash cr

300

cheque dishonoured

Customer name dr

Bank cr

400

Raji dr

cash cr

discount received cr

cash paid to suppliers and receive discount

500

Building dr 5000

Bank cr                2500

Neel & co cr         2500

Building purchased for 5000 from Neel & Co, out of which 2500 immediately  paid by cheque

SMART WORK

100

IRRECOVERABLE DEBTS WRITTEN OFF

IRRECOVERABLEDEBTS DR

CUSTOMER NAME CR

200

GOODS GIVEN AS CHARITY

CHARITY DR

PURCHASE CR

300

BANK LOAN DR

BANK CR

BANK LOAN REPAID

400

IRRECOVERABLE DEBTS RECOVERED

CASH DR

IRRECOVERABLE DEBTS RECOVERED CR

500

BANK DR

SWETHA CR

RECEIVED CHEQUE FROM SWETHA