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Balancing Off Accounts Class Exercise

This document contains an accounting exercise where various bank accounts and expenses are balanced off against each other. The document lists transactions and balances for a bank account, capital account, computer account, furniture account, Pearl Ltd account, and a loan to C. Matthews across various dates in 2019.

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Doreth Bridgeman
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77 views2 pages

Balancing Off Accounts Class Exercise

This document contains an accounting exercise where various bank accounts and expenses are balanced off against each other. The document lists transactions and balances for a bank account, capital account, computer account, furniture account, Pearl Ltd account, and a loan to C. Matthews across various dates in 2019.

Uploaded by

Doreth Bridgeman
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Balancing Off Accounts

Class Exercise Name: ___________________________

Dr. Bank Account Cr.

2019 $ 2019 $

1-Jul Capital 65000 3-Jul Computer 6000

4-Jul Loan (C Matthews) 15000 5-Jul Pearl Ltd 3000

15-Jul Capital 1500 18-Jul Delivery Van 18000

Dr. Capital Account Cr.

2019 $ 2019 $

1-Jul Bank 65000

15-Jul Bank 1500

Dr. Computer Account Cr.

2019 $ 2019 $

3-Jul Bank 6000

Dr. Furniture Account Cr.

2019 $ 2019 $

4-Jul Pearl Ltd 4000


Dr. Pearl Ltd Account Cr.

2019 $ 2019 $

5-Jul Bank 3000 4-Jul Furniture 4000

Dr. Delivery Van Cr.

2019 $ 2019 $

18-Jul Bank 18000

Dr. Loan (C Matthews) Cr.


2019 $ 2019 $
4-Jul Bank 15000

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