Accounts Accounts Sub Accounts Individual Accounts Sub Accounts
Assets Assets Current Assets Cash Current Assets
Liabilities Assets Fixed Assets Equity Abdul Rauf Equity
Equity Liabilities Current Liabilities Bank Account - AbdulCurrent Assets
Expenses Liabilities Fixed Liabilities Inventory Current Assets
Revenue Equity Equity NCT Current Liabilities
Expenses Expenses Sales Revenue
Revenue Revenue Cost Of Goods Sold Expenses
Revenue Contra Revenue Kazim Current Assets
Electricity Expenses
Salary Expenses
Date Description Account Debit Credit
1-Apr-24 Established a Business Cash 1,000,000
1-Apr-24 Established a Business Equity - Abdul Rauf 1,000,000
2-Apr-24 Deposited into Bank Bank Account - Abdul Rauf 500,000
2-Apr-24 Deposited into Bank Cash 500,000
3-Apr-24 Purchased Inventory Inventory 60,000
3-Apr-24 Purchased Inventory NCT 60,000
4-Apr-24 Purchased Inventory Inventory 200,000
4-Apr-24 Purchased Inventory Bank Account - Abdul Rauf 200,000
5-Apr-24 Sold the Inventory for CCash 400,000
5-Apr-24 Sold the Inventory for CSales 400,000
5-Apr-24 Adjust Inventory agains Cost Of Goods Sold 300,000
5-Apr-24 Adjust Inventory agains Inventory 300,000
15-Apr-24 Sold the Inventory on CrKazim 300,000
15-Apr-24 Sold the Inventory on CrSales 300,000
15-Apr-24 Adjust Inventory agains Cost Of Goods Sold 150,000
15-Apr-24 Adjust Inventory agains Inventory 150,000
18-Apr-24 Paid Electricity Electricity 15,000
18-Apr-24 Paid Electricity Bank Account - Abdul Rauf 15,000
30-Apr-24 Paid Salaries Salary 100,000
30-Apr-24 Paid Salaries Cash 100,000
2-May-24 Paid to NCT NCT 100,000
2-May-24 Paid to NCT Cash 100,000
5-May-24 Received from Mr.Kazi Bank Account - Abdul Rauf 50,000
5-May-24 Received from Mr.Kazi Kazim 50,000
Comments
*Etablished a Business by Abdul Rauf, Investing Rs. 1 million in cash on 01 Ap
*Deposit 5 lac in Bank on 02-April 2024.
*Purchased Inventory of Rs. 60000 on Credit from NCT
*Purchased Inventory of Rs. 200000 by paying cheque to NCT
*Sold Ticket of Rs. 400000 on Cash
*Sold Inventory for Rs.300000 on credit to Mr.Kazim 15 apr-24
*Paid electricity bill of Rs. 15000 by Bank
million in cash on 01 April 2024.
Sales Revenue
Date Account Description
5-Apr-24 Sales Sold the Inventory for Cash
15-Apr-24 Sales Sold the Inventory on Credit
Total Result
This shape represents a
slicer. Slicers are supported
Data in Excel 2010 or later.
Sum of Debit Sum of Credit
400,000 If the shape was modified in
300,000 an earlier version of Excel,
700,000 or if the workbook was saved
in Excel 2003 or earlier, the
slicer cannot be used.
Trial Balance
Data
Account Sum of Debit Sum of Credit
Bank Account - Abdul Rauf 550,000 215,000
Cash 1,400,000 700,000
Cost Of Goods Sold 450,000
Electricity 15,000
Equity - Abdul Rauf 1,000,000
Inventory 260,000 450,000
Kazim 300,000 50,000
NCT 100,000 60,000
Salary 100,000
Sales 700,000
Total Result 3,175,000 3,175,000
Airlion Travel
Income Statement
For the Period 01 Apr 2024 to 31 Apr 2024
