Alal in Almighty Meherazul | Abedin ID 21702046Himporlant — account ela nirdi cation THe ~ Glaxidsication O Accounts payable - Liobalitiea @ » —— Redipvobla — Amet @ Adverttining “ompenaa L operiaing, empenen @ Borda payable - Liabilitien CO tah - Amet © CGtipment - Amet icy ron - Expenses @ Noter payoble .- Liabilities. ; - @® Ovrens drowings - Goners equily } ~ Amet Bxpornaeds taager ~ Expomnes coe ols ela: eis alt} xk - i Reyenus aprerlsd 0@Borie accounting equation } Ames = Liabilities 4 Qumens equity > Anseta! Arsels ane twerounes & -burimem | Coma.) The burimes user it's anela to . run aclivition The, Common ahenecterivlic provided by ones in He copoctty to provide dudure Aervieer ore bemedtls. fon example } Aa local nestourenta onek one HA dablea, chainw Jukebox, éash nagiler » aie. ele. Caen course cash. liabilities: These ane elabms againal assetrs The extelins a debts and obligotion, art liabirtien. Ary ~ beestrars Bonne monty ond purchase omanchendise on credit. They ane He lhabidlities , iy) # ie POcmens 2qutty! The oemership claima on — telal posi asetr is gumen's equity, The axe af a busiren are claimed by either Creditors gre owners. The belomgn te OWrer js owmerra egutty - Heme He ane minus total — liabiliter. Sully@ Tromattiona: Thonnecdiona ane a | businen’ c4eonante eventa peeoreded by aecountanlra. They ane of tuo pa: @ Eternal ! They involve eeomemic overts between te Company and — sore. oulaide amdenprine « Qrknmel? “Tree oceun emiuly within one compony. =H Trarsoclion analysis: Dot 4 Minenani avd Co. Framnoclion amalyais fon He amonth of Auge — Ave 9. Liolilities + _Ourmar’n _egubly — ; No, - Gash (3)- Equip = Ace. payalle Beary Capital” = Rovierue - Prpernes 4 -#25000 - he - 25000 Be = 47000 - 7000 $000 % - +Goa0 - > ‘ " S50 4 - -$50 co, You -lo00 + 25000 +2000 - 850 g1850$@ Companion | prepare drun dimomelal _ Adatoment» drom Atomm aniged accounting dala ! the, raver and bor 4. Aa imeame » oclement prosead a exposes aml turulling mel income, 3 enol lons sO Apecidie. time . 9. Aon oeomers aquitly sbbment —purmmorcigos fhe change im owmen'n equity don a apeaidic perciedd od tm. 3. A balonee sheet reports ~te assels, lia bilities amd ower equity at oO Apecidic dade - ad ath — lows suamamariser Indorrmaliorn 4, A Ablement about he cash inndlows and ouldloos — fore a Apecific pettiod of timevOGd Tatilrlig + Qumera equity | Roem F \accounl, apttal Suppl, Bald) ‘aptlal|ogene a | OT F 660 pz yo 2 tid Joo 700 35 rd 2a 200. > ae 3000 a3 = 7000 k= 7ooo ; goo ne 3 1 8Judi Salem a : Trormnaclion — amalyria From July4 te Augut 31 lee Anew abit a 7 wo corto, - A ee 4 Oermenrk early | Sei ay | ecg Braet [peo Nee (31| CaeHAlG]| Draginge, [Perens |Rpepyys Tuy 5000 | \500p B00, |\6000 | A900 800 3 $ 4 |A900: | -1200 - 9 |-2800 [= 9800 = E mere = | 7500 % 7 2.000 {600 Bal a900 e | = |gee € | - 700 Fo | q | 2000 = 2.000 | z a ‘3508 4800 |5c00 | 860 3240 2000 QGoad =o scone aaa aa uf faa 1 a5 | |} '@%- 16800 1€200 Bo ' ie teTrivia Mayen commuting Siren Tramaclion omalyan Fir le amenth ef Maye + Ounens egutly [Capita | Pxpenses Reeyeen ues | Wilthd reawalk | | 7000 | ‘ S00 $ | 6003 | 2 125$ AovoF | Tooo$ | ba0os 2500¢ -600F | | | } Boocs | | 420$) 49003 | | “30'"|-9753 | eee | wee] — nea | HOON | =; | 1400 $ “phes| 42003 | 50004 | 000% | 3065] oaoos | 10008 90800 $ er 20800 $Chaplen —2 The recanding Process ; iv a irmenaanes @ Am account in am imdividual accounting _mtcord od amd ceeraaser im & apecidie amet, ability or ownenh equity Hem . @An acocurd, canaistr. of Abnee. party: 1) 0 thle: Da lel on debit aide Da right or enedil Aide @ Debit inelicoler te bl sicle amd: chad rrdienden heright ie Is aide of am aceourl Debit (Dr). Cradid (cre) 5 @ Ames _Ligbilitin Deb) Credit ave er ae . T inenease : Rees. Pecnaase | ineriaase @fen Chomens equity. Debita 2 ae D Prerarse gener capial Imersease | Ocomer’s Capital O Increase Osman deaesings °° Decrease’ Oumirh raving, Tene noase Roenuesiia” cr Dr 5 Deoreare oupener @Ipenaase empernen ® Sheps im He necorrdlingg process : 7 a 4. Analyze cach reamnacclion dow itp aldecs 0” accoumls - 9. Eenlon Fhe tramnacclion indoemalion im a foucna) 3. Tramasen the journal indoramadion to the Opprepriadle accounts im the ledger. | = The © Journal @The jourenal ts redrred 4o as he book of arigira| enry. T4 shows He, debit and credit eddoots on ppecidic accounts. - | © Ge Comlnibudionn of journal in recerdhes —procey 4. TL discloses in one place the lere = od a transaction. 8 a 4 provides a ehromolagica| record af heal on ‘help, te prevent or locale error, beca bit amd\ eredil ammount «dor each ¢ easily aompancel. . e i@ Ferdering Framaacliom dels im le jourrral ja kmown as journalizing e aueee ‘ @ A complete entry — comainty od» @ The dale od catalan OT account and amon te be debiled and ereditatel, Aromaction } @a brief explonodion of te = slew ; QWrerny invelve only eo account, ome debit, Gnd One) credit, te endry th called 0 Atample codryy. han “bas accaumis , tt is 14 am etry — requires omarue @ Amal increase - debit a compound entry, @liavilitin » -Cndit 4 @QPo Hi2 4 The thre oclivition gould ba) ncortdad "a4 dollowa s-7? ; buy Psrork od cpleroton eel] By Ct | Crt v1 4 |Cosh sa0609 , Otimers capital i0gr ae (owner iorventmaen ad’ cosh jen bus | | 2 |Equipment ‘ 64900 Fo \ Ss , 4300 $ ‘Accounh payable. af equipment on @ (Purtehor eet Be romani |£9-2A; General Journal f ae ~—y Pele end Dephroide hs Oe (Gee) Sam: Cah ‘ A000 00 Comanr Capital (Ocmens ‘mveatament tr Lines) \Jem-3 | Car ? 4000 Equipamon-t 3o00 (Punchox af aa dor bute ws) Jan-9 | Supplion 500 Aecounkk payable BO Frumchose of Aupplia en accound) [Jan- 11 | Rewe decount receivable 2400 Revern wa 2400 (Bil af 9400 dor Servier perdlerma) Cash 35O eupernes 350 Payment dor Adverciseanend iva Ble nectived Stem debrtan’) Parable 2023/07/17 11:38Goreno! ournel 1 —Taeqaurrt name and TT Red.) Debit (De)g| Credit (ors | explonetion | eS a eae snes] Con | AOI. | aeoao Owners capial | | | Courant tmvestonent_ bn bunhraw [sot | | seo ese pee am 11000 | a 2000 | } Buildings | aoe : equi parent | 15000 Goah Purchase of Gold Land s more | 800 Expemes | |900 ol dor ad-verctinereond | | | [an 6 | Prepaid. frnurcamee | 600 Veto ; Cash | se (Payereeree ore ame yeeres bru | ; Mar-10 | Equip vent | 4050 8 Qccoun payo ble : (Punchere of equipmen om aceeunl | ‘ Mar-13|Cosh T1900 aa Sorevier revenue 10 [Recelved in cah Jon gold dev) Mar 19 | Carl, i500 nay a Roven us 1500 Qalytoypn books Jon WEEE) Man-96|Ocumens drawings 0 Cash g 00 Withdrawn menty dor perrona! vs) Man-0] Expemes 50 250 Nang |Tae. Dace P2-2A Becoun| mamma and “euplanadin| Poked Bre Ra Cr - Agell-1 Cash Qunerh capital leamers tamestonent in buibuse ) tol 401 20000 No Ordry an 0 tramoetion |Apsil- 4 April -2 Rem Qupernes Corn (Repent dor reort ) 729 fot 4100 Noo April 25] Suppliea Aecount payable Rerchase af clemial aupplies ) 126 4000 4000 April 18 Account rect vable Aorvitg § movemue ((Bited client om account) 2 S100 5100 lapel Comyn PAD 1Rble rene (token advance dere Aercviee ) 1000 loo, lapis Cash Revenue (Recived cosh dor service pede) 2160 2\00 Apri 30 Cash (Pela salaries ) 2800 2 800, A tcoums payable hn af due fayale 2400 2400Gomera __ edges Carly Comers capital euplanation Credit | Balenee} — |Dole M) Debit | @radHt |alanee Cumerts Capital ooo, Avg B00 |so00 orwice fever] 7600 ui vg 5 Less eo” ee eee ¥ reacivable i | de PY Debit acco ik wa 0, 6200 | Pa Aug 25| \700 3 900 | 80 Servia Revenue Debit | Graded 2300 2400 23008. ibocoBaa Idal nee Lelooite ; Atrial Balenen tae et lint a os te an § Accoimtn ‘anid hein Lalenes ad A Given’ Hew. f Bate Asal Uleme. ipa as mattemetical equélily of debit ned. ered — atlor pastes balamee. May uncover @A drial and Pending. YH limitations : The rio} bolewe aay errors in Jeveonalizing A boleree even when - met founmnalized 9. A Connect Journal entry wo mot portest 4) Tramnaction in \ ie ‘ S.A journal erry." in Ported tien FT Tencorcnect Account ana used im Jeralising in cae He igus2-9." sume Fakewor 1 inverlonenl brekor | “Tria! balenee October Avguat 34.201 eo e [Acsaent enorme | Debit Perea | in —_ — — — ——+ Cash | , | Accourr taceivable | 300 | | | Equipment | Boo0 | Nets payable | | Oumar capital | | Series revenue | ler weEE" — ee" Overnight _cleliversy perevice Fria) Bolom Duly 2049 x LE 3 Qacaunt mama Debit - [$) Credit ( $) [Accounts Recvivalle Ay |r ‘Aecounie Payable pe g8 cash Eenuipeaet Ee 4 Graseline. opera 758 mineeexpac er; | _______;__ aga F Utilities oupense —H 2 Notes payable 7000 ‘| Propaid imsuramce 1968 S Malndanance and mepain cvgy 96 t S be |Serview Revenue si So i Owners drawings 700 Qeoreres capita] oe 42000 | Salaries amd wag evpanys 4498 b Saleries amd wage payable 315 7332)