2 Financial Accounting

label Accounting
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

Mar 31st, 2015

Ledger A/c of Cash   Ledger A/c of Land
Description Amount in $ Description Amount in $   Description Amount Description Amount
opening balance   30,000 Purchase Land   20,000   opening balance   16,000
Stock Sales   10,000 Operating Expenses   65,000   Cash a/c   20,000
Service Provide   90,000 Dividend paid   5,000    
Borrowed Cash   20,000    
   
   
   
   
   
c/f balance   60,000     c/f   36,000
  150,000   150,000       36,000   36,000
               
Ledger A/c of Common Stock   Ledger a/c of Note Payable
Description Amount Description Amount   Description Amount Description Amount
opening balance   20,000 Cash A/c   10,000   opening balance   10,000
   
   
   
   
   
   
   
   
c/f balance   10,000    
  20,000   20,000    
               
               
               
Assests Liabilities Stockholders' Equity      
Cash Land Note Payable Bank Loan common stock Retained Earnings      
  60,000   36,000   10,000   20,000   10,000   16,000    
               
               
               
 hope so its helpful

Mar 31st, 2015

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Mar 31st, 2015
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