Professional Documents
Culture Documents
Name:
Register Number:
Date of Submission:
2. Purchased goods
7. Sold goods
13. Paid Rent (any expense……Salary, Telephone Bill, Wages, Insurance, Repairs and Maintenance etc..)
14. Purchased an Asset (Land, Building, Machinery, Equipment, Loose Tools, Furniture…..)
23. any amount / payment made by the proprietors personal expenses( Payment of Life Insurance
Premium, Purchase of Motor Vehicle, Computer etc…)
30. Goods were supplied as per order worth Rs. 5000 to Balaji and freight of Rs. 300 was paid on it
49. On claim being made for pilferage of goods, insurance company paid Rs. 5000
50. Received an order from Balaji for supply of goods worth Rs 5000
Note:For this kind of transaction an entry need not be passed as there is no financial transaction taking place
i.e. there is no money transfer involved. Therefore this need not be entered in the books