Page 117 - Agri-Business Management Handbook

L06 Purchases account

Debit Credit

Date Particulars F Amount Date Particulars F Amount
May 7 12,000
Bank L02 60,000 May 21 Delivery Truck L04 72,000
72,000 72,000
7 Mobile L09
72,000
Wholesalers

22 Balance B/F

Debit L07 Cash account Credit

Date Particulars F Amount Date Particulars F Amount
60,000 May 20 Wages L12 2,400
May 12 Sales L0S 6,000 C/F
3,600 Balance 3,600
6,000

22 Balance B/F

L08 Sales account

Debit Credit
Date Particulars F
Amount Date Particulars F Amount
May 21 Balance C/F 77,000 May 12 Cash L07 6,000
77,000 Shah L10
15 Shah L10 15,000
21
Balance B/F 56,000
22 77,000
77,000

L09 Mobile Wholesalers account

Debit Amount Date Credit Amount
May 7 60,000
Date Particulars F 60,000 Particulars F 60,000
May 21 Balance C/F 77,000 22 Purchases L06
60,000
Balance C/F

L10 Shah’s account

Debit Credit

Date Particulars F Amount Date Particulars F Amount
May 15 60,000 May 7 Bank L02 7,500
Sales LOS 56,000 Balance C/F
21 77,000 21 65,500
Sales LOS 60,000

22 Balance B/F 65,500

60 | AGRI-BUSINESS MANAGEMENT HANDBOOK