Learn Tax Accounting: Ashish Entry Sheet


38	RENT	DR	5000		E	INDIRECT EXP	F7	+
	RENT IN ADVANCE	CR	5000								-

39	ELECTRICITY EXP	DR	1312	N	E	INDIRECT EXP	F5	+
	SBI	CR	1312								-

40	CARTAGE INWARD	DR	250	N	E	DIRECT EXP	F5	+
	CASH	CR	250								-

41	CARTAGE OUTWARD	DR	350	N	E	INDIRECT EXP	F5	+
	CASH	CR	350								-

42	REPAIRS AND MAINTAINANCE	DR	500	N	E	INDIRECT EXP	F7	+
	REPAIRS AND MAINTAINANCE PAYABLE	CR	500	RP	L	CURRENT LIAB				+

43	REPAIRS AND MAINTAINANCE PAYABLE	DR	500				F5			-
	CASH	CR	500								-

44	RENT	DR	5000	N			F7	+
	SURESH CAPITAL	CR	5000							+

45	FIRE INSURANCE PREMIUM	DR	5000	N	E	INDIRECT EXP	F5	+
	SBI	CR	5000								-

46	LOSS IN TRANSIT	DR	45000				F7	+
	PURCHASE	CR	45000					-

47	COMPUTER	DR	2400	TR	A	FIXED ASSETS	F7				+
	REMINGTON AND CO	CR	2400	AP	L	S CREDITOR				+

48	MACHINE	DR	80000	TR	A	FIXED ASSETS	F5				+
	SBI	CR	80000								-

49	SBI	DR	80000				F6/F7				+
	XYZ LTD	CR	80000	AP	L	S CREDITOR				+

50	BOOKS AND PERIODICAL	DR	300	N	E	INDIRECT EXP	F5	+
	CASH	CR	300								-

51	CASH	DR	50				F6				+
	MISC INCOME	CR	50	N	I	INDIRECT INCOME			+

52	CAR	DR	60000	TR	A	FIXED ASSETS	F5				+
	CASH	CR	60000								-

53	MACHINE	DR	2500	TR	A		F5				+
	CASH	CR	2500								-

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