general journal
TRANSCRIPT
GENERAL JOURNAL
Date Details Folio DR. CR.
2014 $ $
May-01
Furniture and Fittings GL1 40,000
Motor Van GL2 65,000
Debtors: A.Alex SL1 3,000
B.Sam SL2 2,500
Stock GL3 20,000
Cash in hand CB1 7,500
Cash at bank CB1 17,250
Creditors: C.Smile PL1 1,500
D.John PL2 3,000
Loan: E.Fairly GL4 11,500
Capital GL5 139,250
155,250 155,250
GENERAL JOURNAL
Date Details Folio DR. CR.
2014 $ $
May-10 Furniture and Fittings GL1 5,000
Frances Ltd GL9 5,000
Purchase of furniture and fittings on credit
May-22 Bad Debts GL14 450
G. max SL4 450
Written of as bad debt due to migration
Profit and loss account 375
Accumulated depreciation for furniture and fittings
375
Profit and loss account 542
Accumulated depreciation for motor vehicles
542
SALES JOURNAL
Date Details Invoice NO
Folio Amount
2014 $
May-04
F. Puddy INS 1 SL3 4,500
May-05
A. Alex INS 2 SL1 3,000
May-05
G. Max INS 3 SL4 450
May-08
H. Henry INS 4 SL5 1,750
May-28
F. Paddy INS 5 SL3 6,500
May-31
Transferred to sales account GL7 16,200
PURCHASES JOURNAL
Date Details Invoice Folio Amount
2014 $
May-02
Shoe Shop INR1 PL3 2,220
May-26
Shoe Shop INR2 PL3 1,200
May-31
Transferred to Purchased account
GL11 3,420
RETURNS OUTWARDS JOURNAL
Date
Details Credit Invoice
Folio
Amount
2014 $
May-18
Shoe Shop CNS1 PL3 600
May-29
Shoe Shop CNS2 PL3 250
May-31
Transferred to Returns outwards account
GL 850
RETURNS INWARDS JOURNAL
Date Details Credit Invoice
Folio Amount
2014 $
May-09
A. Alex CNR1 SL1 500
May-31
Transferred to Returns inwards account
CNR2 GL16 500
CASH BOOKDate Details Folio Discount
AllowedCash Bank Date Details Folio Dis.
Rec.Cash Bank
2014 $ $ $ 2014 $ $ $May 1 Balance b/d CJ1 7,500 17,250 May 4 Electricity
expensesGL6 250
May 6 A.Alex SL2 250 2,250 May 5 Loan: E.Fairley
GL14 2,500
May 7 Sales GL7 4,000 May 7 Wages GL8 350May 11 Cash
(Contra)C 2,500 May 11 Bank
(contra)C 2,500
May 17 Sales GL7 1,000 May 12 Drawings GL10 350May 19 H. Henry SL5 1,750 May 13 Purchases GL11 800May 20 Sales GL7 4,500 May 13 Carriage
inwardsGL12 75
May 27 Sales GL7 10,500 May 15 wages GL8 900May 30 Sales GL7 1,500 May 15 Telephone
expenses GL13 150
May 9 Purchases GL11 3,500May 19 D. John PL2 1,500May 28 C. Smith PL1 500
May 31 Balance c/d 20,150 19,225
250 26,750 26,000 26,750 26,000June 1 Balance b/d 25,150 19,225
DR. Furniture and Fittings Account CR.
Date Details folio Amount Date Details Folio Amount
2014 $ 2014 $
May-01 Balance b/d GJ1 40,000 May-31 Balance c/d 45,000
May-10 Frances LtdGL9 5,000
45,000 45,000
Jun-01 Balance b/d 45,000 General Ledgers
DR. Motor Vehicles account CR.
Date Details folio Amount Date Details Folio Amount
2014 $ 2014 $
May-01 Balance b/d GJ1 65,000 May-31 Balance c/d 65,000
Balance b/d 65,000
DR. Purchases Account CR. Date Details folio Amount Date Details Folio Amount 2014 $ 2014 $
May-01 Balance b/d GJ1 20,000 May-31 Balance c/d 20,000June 1 Balance b/d 20,000
DR. Loan: E. Fairley account CR.Date Details folio Amount Date Details Folio Amount 2014 $ 2014 $
May-05 Bank GB1 2,500 May-01 Balance c/d 11,500
May 31 Balance c/d 9,000 11,500 11,500
June 1 Balance c/d 9,000
General Ledgers
DR. Capital Account CR.Date Details folio Amount Date Details Folio Amount 2014 $ 2014 $
May 31 Balance c/d 139,250 May 1 Balance b/d GJ1 139,250
June 1 Balance b/d 139,250
DR. Electricity Account CR.Date Details folio Amount Date Details Folio Amount 2014 $ 2014 $
May 14 Bank GB1 250 May 31 Profit and Loss account
250
DR. Sales Account CR.Date Details folio Amount Date Details Folio Amount 2014 $ 2014 $
May 31 Trading account GB1 37,700 May 1 cash CB1 4,000
May 7 cash CB1 1,000 May 20 Bank CB1 4,500 May 27 Cash CB1 10,500 May 30 cash CB1 1,500
Credit sales for
the month SJ1
16,200 37,700 37,700
DR. Wages Account CR.Date Details folio Amount Date Details Folio Amount 2014 $ 2014 $
May-07 Bank CB1 350 May-31 Profit and Loss account
1,250
May-15 Bank CB1 900
1,250 1,250
General Ledgers
DR. Frances Ltd Account CR.
Date Details folio Amount Date Details Folio Amount
2014 $ 2014 $May-31 Balance c/d 5000 May-10 Furniture and fittings GL1 5000
Balance b/d 5,000
DR. Drawings Account CR.Date Details folio Amount Date Details Folio Amount 2014 $ 2014 $
May-12 Cash CB1 350 May-01 Capital Account GL1 5000 5,000
DR. Purchases Account CR.Date Details Folio Amount Date Details folio amount 2014 $ 2014 $May-13 Bank CB1 800 May-31 Trading account 7720May-09 Cash CB1 3500
Credit purchases for the month PJ1 3420
7720 7720
DR. Carriage Inwards Account CR.Date Details Folio Amount Date Details folio amount 2014 $ 2014 $
May-13 Bank CB1 75 May-31 Trading account 75
General Ledgers
DR. Telephone Expenses Account CR.Date Details Folio Amount Date Details folio amount
2014 $ 2014 $
May-15 Bank CB1 150 May-31Profit and loss
account 150
DR. Bad Debts Account CR.Date Details Folio Amount Date Details folio amount 2014 $ 2014 $
May-22 G. Max 450 May-31Profit and loss
account 450
DR. Returns Inwards Account CR.Date Details Folio Amount Date Details folio amount 2014 $ 2014 $
May-31Return for the
month R11 500 May-31 Trading account 500
General Ledgers
DR. Depreciation expenses Account for Furniture and fittings CR.Date Details Folio Amount Date Details folio amount 2014 $ 2014 $
DR. Returns Outwards Account CR.Date Details Folio Amount Date Details folio amount 2014 $ 2014 $
May-31 Trading Account 850 May-31Returns for the
month RD1 850
May-31Accumulated Depreciation GJ2 375 May-31
Transfer to Profit and loss account 375
DR. Accumulated Depreciation account For Furniture and fittings CR.Date Details Folio Amount Date Details folio amount 2014 $ 2014 $
May-31 Balance c/d 375 May-31 Depreciation expenses GJ2 375 Jun-01 Balance b/d 375
DR. Accumulated Depreciation For Motor Van account CR.Date Details Folio Amount Date Details folio amount 2014 $ 2014 $
May-31 Balance c/d 542 May-31 Depreciation expenses GJ2 542 Jun-01 Balance b/d 542
DR. Depreciation expenses Account For Motor van CR.Date Details Folio Amount Date Details folio amount 2014 $ 2014 $
May-31Accumulated Depreciation GJ2 542 May-31
Transfer to Profit and loss account 542
Sales Ledger
DR. A. Alex Account CR.Date Details Folio Amount Date Details folio amount 2014 $ 2014 $
May-01 Balance b/d GL1 3,000 May-01 Return Inwards R11 500
May-05 Sales SJ1 3,000 Balance 5500 6000 6000
Jun-01 Balance b/d 5500
DR. B. Sam Account CR.Date Details Folio Amount Date Details folio amount 2014 $ 2014 $
May-01 Balance b/d GJ1 2,500 May-06 Cash CB1 2500 May-06 Discount Allowed CB1 250 2500 2500
DR. F. Paddy Account CR.Date Details Folio Amount Date Details folio amount 2014 $ 2014 $
May-14 sales SJ1 4,500 May-31 Balance c/d 11000May-28 sales SJ1 6,500
11000 11000 11000
DR. G. Max Account CR.Date Details Folio Amount Date Details folio amount 2014 $ 2014 $
May-05 sales SJ1 450 May-22 Bad debts GL14 450
DR. H. Henry Account CR.
Date Details Folio Amount Date Details folio amount 2014 $ 2014 $
May-08 sales SJ1 1,750 May-19 Bank 1750
Purchases Ledger
DR. C. Smith CR.Date Details Folio Amount Date Details folio amount 2014 $ 2014 $
May-28 Bank CB1 500 May-01 Balance b/d CJ1 1500May-31 Balance c/d 1,000
1500 1500 Jun-01 Balance b/d 1000