P.O.A, Poa, PoB

1. GENERAL JOURNAL
Date Details Folio DR. CR.
2014 $ $
May-
01
Furniture and Fittings GL1 40,000
Motor Van GL2 65,000
Debtors: A.Alex SL1 3,000
B.Sam SL2 2,500
Stock GL3 20,000
Cash in hand CB1 7,500
Cash at bank CB1 17,250
Creditors: C.Smile PL1 1,500
D.John PL2 3,000
Loan: E.Fairly GL4 11,500
Capital GL5 139,250
155,250 155,250

2. GENERAL JOURNAL
Date Details Folio DR. CR.
2014 $ $
May-10 Furniture and Fittings GL1 5,000
Frances Ltd GL9 5,000
Purchase of furniture and fittings on credit
May-22 Bad Debts GL14 450
G. max SL4 450
Written of as bad debt due to migration
Profit and loss account 375
Accumulated depreciation
for furnitureand fittings
375
Profit and loss account 542
Accumulated depreciation
for motor vehicles
542

3. SALES JOURNAL
Date Details Invoice
NO
Folio Amount
2014 $
May-
04
F. Puddy INS 1 SL3 4,500
May-
05
A. Alex INS 2 SL1 3,000
May-
05
G. Max INS 3 SL4 450
May-
08
H. Henry INS 4 SL5 1,750
May-
28
F. Paddy INS 5 SL3 6,500
May-
31
Transferred to sales account GL7 16,200

4. PURCHASES JOURNAL
Date Details Invoice Folio Amount
2014 $
May-
02
Shoe Shop INR1 PL3 2,220
May-
26
Shoe Shop INR2 PL3 1,200
May-
31
Transferred to Purchased
account
GL11 3,420

5. RETURNS OUTWARDS JOURNAL
Date Details Credit
Invoice
Folio Amount
2014 $
May-
18
Shoe Shop CNS1 PL3 600
May-
29
Shoe Shop CNS2 PL3 250
May-
31
Transferred to Returns outwards
account
GL 850

6. RETURNS INWARDS JOURNAL
Date Details Credit
Invoice
Folio Amount
2014 $
May-
09
A. Alex CNR1 SL1 500
May-
31
Transferred to Returns inwards
account
CNR2 GL16 500

7. CASH BOOK
Date Details Folio Discount
Allowed
Cash Bank Date Details Folio Dis.
Rec.
Cash Bank
2014 $ $ $ 2014 $ $ $
May 1 Balance b/d CJ1 7,500 17,250 May 4 Electricity
expenses
GL6 250
May 6 A.Alex SL2 250 2,250 May 5 Loan:
E.Fairley
GL14 2,500
May 7 Sales GL7 4,000 May 7 Wages GL8 350
May 11 Cash(Contra) C 2,500 May 11 Bank (contra) C 2,500
May 17 Sales GL7 1,000 May 12 Drawings GL10 350
May 19 H. Henry SL5 1,750 May 13 Purchases GL11 800
May 20 Sales GL7 4,500 May 13 Carriage
inwards
GL12 75
May 27 Sales GL7 10,500 May 15 wages GL8 900
May 30 Sales GL7 1,500 May 15 Telephone
expenses
GL13 150
May 9 Purchases GL11 3,500
May 19 D. John PL2 1,500
May 28 C. Smith PL1 500
May 31 Balance c/d 20,150 19,225
250 26,750 26,000 26,750 26,000
June 1 Balance b/d 25,150 19,225

8. General Ledgers
DR. Furnitureand Fittings Account CR.
Date Details folio Amount Date Details Folio Amount
2014 $ 2014 $
May-01 Balance b/d GJ1 40,000 May-31 Balance c/d 45,000
May-10 FrancesLtd
GL9 5,000
45,000 45,000
Jun-01 Balance b/d 45,000
DR. Motor Vehicles account CR.
Date Details folio Amount Date Details Folio Amount
2014 $ 2014 $
May-01 Balance b/d GJ1 65,000 May-31 Balance c/d 65,000
Balance b/d 65,000
DR. Purchases Account CR.
Date Details folio Amount Date Details Folio Amount
2014 $ 2014 $
May-01 Balance b/d GJ1 20,000 May-31 Balance c/d 20,000
June 1 Balance b/d 20,000
DR. Loan: E. Fairley account CR.
Date Details folio Amount Date Details Folio Amount
2014 $ 2014 $
May-05 Bank GB1 2,500 May-01 Balance c/d 11,500
May 31 Balance c/d 9,000
11,500 11,500
June 1 Balance c/d 9,000

9. General Ledgers
DR. Capital Account CR.
Date Details folio Amount Date Details Folio Amount
2014 $ 2014 $
May 31 Balance c/d 139,250 May 1 Balance b/d GJ1 139,250
June 1 Balance b/d 139,250
DR. Electricity Account CR.
Date Details folio Amount Date Details Folio Amount
2014 $ 2014 $
May 14 Bank GB1 250 May 31
Profit and Loss
account
250
DR. Sales Account CR.
Date Details folio Amount Date Details Folio Amount
2014 $ 2014 $
May 31 Trading account GB1 37,700 May 1 cash CB1 4,000
May 7 cash CB1 1,000
May 20 Bank CB1 4,500
May 27 Cash CB1 10,500
May 30 cash CB1 1,500
Credit sales for
the month
SJ1
16,200
37,700 37,700
DR. Wages Account CR.
Date Details folio Amount Date Details Folio Amount
2014 $ 2014 $
May-07 Bank CB1 350 May-31
Profit and Loss
account
1,250
May-15 Bank CB1 900
1,250 1,250

10. General Ledgers
DR. Drawings Account CR.
Date Details folio Amount Date Details Folio Amount
2014 $ 2014 $
May-12 Cash CB1 350 May-01 Capital Account GL1 5000
5,000
DR. Frances Ltd Account CR.
Date Details folio Amount Date Details Folio Amount
2014 $ 2014 $
May-31 Balance c/d 5000 May-10 Furniture and fittings GL1 5000
Balance b/d 5,000
DR. Purchases Account CR.
Date Details Folio Amount Date Details folio amount
2014 $ 2014 $
May-13 Bank CB1 800 May-31 Tradingaccount 7720
May-09 Cash CB1 3500
Creditpurchasesfor
the month PJ1 3420
7720 7720
DR. Carriage InwardsAccount CR.
Date Details Folio Amount Date Details folio amount
2014 $ 2014 $
May-13 Bank CB1 75 May-31 Trading account 75

11. General Ledgers
DR. Telephone Expenses Account CR.
Date Details Folio Amount Date Details folio amount
2014 $ 2014 $
May-15 Bank CB1 150 May-31
Profit and loss
account 150
DR. Bad Debts Account CR.
Date Details Folio Amount Date Details folio amount
2014 $ 2014 $
May-22 G. Max 450 May-31
Profit and loss
account 450
DR. Returns Outwards Account CR.
Date Details Folio Amount Date Details folio amount
2014 $ 2014 $
May-31 Trading Account 850 May-31
Returns for the
month RD1 850
DR. Returns InwardsAccount CR.
Date Details Folio Amount Date Details folio amount
2014 $ 2014 $
May-31
Return for the
month R11 500 May-31 Trading account 500

12. General Ledgers
DR. Depreciation expenses Accountfor Furnitureand fittings CR.
Date Details Folio Amount Date Details folio amount
2014 $ 2014 $
May-31
Accumulated
Depreciation GJ2 375 May-31
Transfer to Profit
and loss account 375
DR. Accumulated Depreciation account For Furniture and fittings CR.
Date Details Folio Amount Date Details folio amount
2014 $ 2014 $
May-31 Balance c/d 375 May-31 Depreciation expenses GJ2 375
Jun-01 Balance b/d 375
DR. Accumulated Depreciation For Motor Van account CR.
Date Details Folio Amount Date Details folio amount
2014 $ 2014 $
May-31 Balance c/d 542 May-31 Depreciation expenses GJ2 542
Jun-01 Balance b/d 542
DR. Depreciation expenses Account For Motor van CR.
Date Details Folio Amount Date Details folio amount
2014 $ 2014 $
May-31
Accumulated
Depreciation GJ2 542 May-31
Transfer to Profit
and loss account 542

13. Sales Ledger
DR. A. Alex Account CR.
Date Details Folio Amount Date Details folio amount
2014 $ 2014 $
May-01 Balance b/d GL1 3,000 May-01 Return Inwards R11 500
May-05 Sales SJ1 3,000 Balance 5500
6000 6000
Jun-01 Balance b/d 5500
DR. B. Sam Account CR.
Date Details Folio Amount Date Details folio amount
2014 $ 2014 $
May-01 Balance b/d GJ1 2,500 May-06 Cash CB1 2500
May-06 Discount Allowed CB1 250
2500 2500
DR. F. Paddy Account CR.
Date Details Folio Amount Date Details folio amount
2014 $ 2014 $
May-14 sales SJ1 4,500 May-31 Balance c/d 11000
May-28 sales SJ1 6,500
11000 11000
11000
DR. G. Max Account CR.
Date Details Folio Amount Date Details folio amount
2014 $ 2014 $
May-05 sales SJ1 450 May-22 Bad debts GL14 450
DR. H. Henry Account
CR.
Date Details Folio Amount Date Details folio amount
2014 $ 2014 $
May-08 sales SJ1 1,750 May-19 Bank 1750

14. Purchases Ledger
DR. C. Smith CR.
Date Details Folio Amount Date Details folio amount
2014 $ 2014 $
May-28 Bank CB1 500 May-01 Balance b/d CJ1 1500
May-31 Balance c/d 1,000
1500 1500
Jun-01 Balance b/d 1000