General Journal, Ledger, Trial Balance, Income statement, Balance Sheet 회계영어

Transactions of PeakVenture Trades.

 
May 1         The owner Jones Beach put $6,000 of her money into the business bank account.
May 4         Received fees income from cash customers $900
May 6         Paid wages $300
May 10       Invoiced account customer Zarafa Shein for fees incomes $1,200
May 14       Received rent from tenant $400
May 17       Jones Beach took cash from the business for her personal use $100
May 20       Received $200 from Debtor Zarafa Shein
May 24       Paid electricity account $600
May 27       We paid James Lee the balance owing on the account
May 28       Paid wage $300
May 30       Purchased a vehicle for the business for $20,000 on credit form GW Motor Ltd.
May 30       Paid $6,000 to GW Motor Ltd. 
 
 

General Journal 

Date	Name of Ledger Account	DR	CR
01.05	Bank	6,000
	Capital		6,000
04.05	Bank	900
	Fee income		900
06.05	Wage	300
	Bank		300
10.05	Debtor	1,200
	Fee income - Zarafa S.		1,200
14.05	Bank	400
	Rent Received		400
17.05	Drawing	100
	Bank		100
20.05	Bank	200
	Debtor - Zarafa S.		200
24.05	Electricity	600
	Bank		600
27.05	Creditor - James Lee	800
	Bank		800
28.03	Wages	300
	Bank		300
30.03	Vehicle	20,000
	Creditor - GW Motor		20,000
30.03	Creditor - GW Motor	6,000
	Bank		6,000

 

General Ledge of PeakVenture Trades.

CASH AT BANK

Date	Particulars	Debit	Credit	Balance
01.05	Balance			12,000DR(given info.)
01.05	Capital	6,000		18,000DR
04.05	Fees income	900		18,900DR
06.05	Wages		300	18,600DR
14.05	Rent Received	400		19,000DR
17.05	Drawings		100	18,900DR
20.05	Debtor - Zarafa S.	200		19,100DR
24.05	Electricity		600	18,500DR
27.05	Creditor - James Lee		800	17,700DR
28.05	Wages		300	17,400DR
30.05	GW Motor		6,000	11,400DR

 

Debtor - Zarafa S.

Date	Particulars	Debit	Credit	Balance
01.05	Balance			200DR(given info.)
10.05	Fees	1,200		1,400DR
20.05	Bank		200	1,200DR

 

Vehicle

Date	Particulars	Debit	Credit	Balance
30.05	GW Motor	20,000		20,000DR

 

Creditor - James Lee

Date	Particulars	Debit	Credit	Balance
01.05	Balance			800CR(given info.)
27.05	Bank	800		0

 

Creditor - GW Motor

Date	Particulars	Debit	Credit	Balance
30.05	Vehicle		20,000	20,000CR
30.05	Bank	6,000		14,000CR

 

Capital 

Date	Particulars	Debit	Credit	Balance
01.05	Balance			11,400CR
01.05	Bank		6,000	17,400CR

 

Drawings

Date	Particulars	Debit	Credit	Balance
17.05	Bank	100		100DR

 

Fee Revenue

Date	Particulars	Debit	Credit	Balance
04.03	Bank		900	900CR
10.05	Debtor - Zarafa		1,200	2,100CR

 

Rent Received

Date	Particulars	Debit	Credit	Balance
14.03	Bank		400	400CR

 

Wages

Date	Particulars	Debit	Credit	Balance
06.05	Bank	300		300DR
28.05	Bank	300		600DR

 

Electricity

Date	Particulars	Debit	Credit	Balance
24.03	Bank	600		600DR

 

 

 

 

PeakVenture Trades

Trial Balance at 31 May

Name of Account	DR	CR
Cash at Bank	11,400
Debtors	1,200
Vehicles	20,000
Creditors
Creditor - GW Motor		14,000
Capital		17,400
Drawings	100
Fee Revenue		2,100
Rent Received		400
Wages	600
Electricity	600
Total	33,900	33,900

 

Income Statement for Month of May

Revenue
Fee Received	2,100
Rent Received	400
Total Revenue		2,500
Less Expense
Wages	600
Electricity	600
Total Expense		1,200
Net Profit		1,300

 

Balance Sheet as at 31 May

Owner's Equity
Capital	17,400
Drawing	100
Net Profit	1,300
Net Equity			18,600
Assets
Cash at Bank	11,400
Debtors	1,200
Vehicle	20,000
Total Assets		32,600
Liabilities
Creditors
Creditor- GW Motor
Total Liabilities		14,000
			18,600

Double-entry accounting system, single-entry accounting system, debits, credits

Double-entry accounting system, single-entry accounting system, debits, credits

Trial balance 시산표, income statement 손익계산서, balance Sheet 대차대조표 영문 예시

Trial balance 시산표, income statement 손익계산서, balance Sheet 대차대조표 영문 예시