KING FURNITURE

King Furniture

King's Furniture

General Journal Entries for King's Furniture

Date

Particulars of King's Furniture

Debit

Credit

5 - Oct

Cash

10000

Capital

10000

12 - Oct

Accounts Receivable

5287.5

Sales Assembled Unites

2937.5

Sales flat pack units

2350.0

12 - Oct

Purchases

14100

Accounts Payable

14100

14 - Oct

Accounts Receivable

8225

Sales Assembled Unites

4700

Sales flat pack units

3525

15 - Oct

Cash

20000

Accounts Payable

20000

16 - Oct

Accounts Receivable

3877.5

Sales Assembled Unites

1762.5

Sales flat pack units

2115

19 - Oct

Purchases

9400

Accounts Payable

9400

19 - Oct

Purchases

5287.5

Accounts Payable

5287.5

19 - Oct

Purchases

1468.75

Accounts Payable

1468.75

21 - Oct

Sales Assembled Unites

528.75

Sales flat pack units

411.25

Notes payable

940

27 - Oct

Accounts Receivable

10575

Sales Assembled Unites

5875

Sales flat pack units

4700

29 - Oct

Bank

7000

Wages Expense

7000

30 - Oct

Purchases

998.75

Accounts Payable

998.75

30 - Oct

Bank

1462

Wages Expense

1462

1 - Nov

Cash

200

Accounts Receivable

200

2 - Nov

Expense

20

Cash

20

9 - Nov

Purchases

2350

Accounts Payable

2350

13 - Nov

Bank

8225

Accounts Receivable

8225

16 - Nov

Bank

4347.5

Accounts Receivable

4347.5

16 - Nov

Accounts Receivable

6462.5

Sales Assembled Unites

2937.5

Sales flat pack units

3525

18 - Nov

Expense

42.3

Cash

42.3

20 - Nov

Accounts Payable

9400

Bank

9400

20 - Nov

Accounts Receivable

8225

Bank

8225

24 - Nov

Accounts Receivable

1938.75

Sales Assembled Unites

881.25

Sales flat pack units

1057.5

25 - Nov

Accounts Payable

14100

Bank

14100

25 - Nov

Accounts Payable

5287.5

Bank

5287.5

26 - Nov

Bank

7200

Expense

7200

28 - Nov

Expense

41.125

Cash

41.125

30 - Nov

Accounts Payable

1503

Bank

1503

General Ledger for King's Furniture

Cash Book

Debit

Credit

Date

Particulars

Amount

Date

Particulars

Amount

5 - Oct

Capital

10000

2 - Nov

Expense

20

15 - Oct

Accounts Payable

20000

18 - Nov

Expense

42.3

1 - Nov

Accounts Receivable

200

28 - Nov

Expense

41.125

30 - Nov

Bal c/d

30097

30200

30200

1 - Dec

Bal b/d

30097

Capital

Debit

Credit

Date

Particulars

Amount

Date

Particulars

Amount

5 - Oct

Cash

10000

30 - Nov

Bal c/d

10000

10000

10000

1 - Dec

Bal b/d

10000

Accounts Receivable

Debit

Credit

Date

Particulars

Amount

Date

Particulars

Amount

12 - Oct

Sales Assembled Unites

2937.5

1 - Nov

Cash

200

12 - Oct

Sales flat pack units

2350.0

13 - Nov

Bank

8225

14 - Oct

Sales Assembled Unites

4700

16 - Nov

Bank

4347.5

14 - Oct

Sales flat pack units

3525

16 - Oct

Sales Assembled Unites

1762.5

16 - Oct

Sales flat pack units

2115

27 - Oct

Sales Assembled Unites

5875

27 - Oct

Sales flat pack units

4700

16 - Nov

Sales Assembled Unites

2937.5

16 - Nov

Sales flat pack units

3525

20 - Nov

Bank

8225

24 - Nov

Sales Assembled Unites

881.25

24 - Nov

Sales flat pack units

1057.5

30 - Nov

Bal c/d

32817.5

44591.3

44591.3

1 - Dec

Bal b/d

32817.5

Accounts Payable

Debit

Credit

Date

Particulars

Amount

Date

Particulars

Amount

20 - Nov

Bank

9400.0

12 - Oct

Purchases

14100

25 - Nov

Bank

14100.0

15 - Oct

Cash

20000

25 - Nov

Bank

5287.5

19 - Oct

Purchases

9400

30 - Nov

Bank

1503

19 - Oct

Purchases

5287.5

19 - Oct

Purchases

1468.8

30 - Oct

Purchases

998.75

9 - Nov

Purchases

2350

30 - Nov

Bal c/d

23314.5

53605.0

53605

1 - Dec

Bal b/d

23314.5

Expense

Debit

Credit

Date

Particulars

Amount

Date

Particulars

Amount

2 - Nov

Cash

20.0

29 - Oct

Bank

7000

18 - Nov

Cash

42.3

30 - Oct

Bank

1462

28 - Nov

Cash

41.125

26 - Nov

Bank

7200

30 - Nov

Bal c/d

15558.6

15662.0

15662

1 - Dec

Bal b/d

15558.6

Purchases

Debit

Credit

Date

Particulars

Amount

Date

Particulars

Amount

12 - Oct

Accounts Payable

14100.0

19 - Oct

Accounts Payable

9400.0

19 - Oct

Accounts Payable

5287.5

19 - Oct

Accounts Payable

1468.8

9 - Nov

Accounts Payable

2350

30 - Nov

Bal c/d

32606.3

32606.3

32606.3

1 - Dec

Bal b/d

32606.3

Bank

Debit

Credit

Date

Particulars

Amount

Date

Particulars

Amount

29 - Oct

Expense

7000.0

20 - Nov

Accounts Payable

9400

30 - Oct

Expense

1462.0

20 - Nov

Accounts Receivable

8225

13 - Nov

Accounts Receivable

8225

25 - Nov

Accounts Payable

14100

16 - Nov

Accounts Receivable

4347.5

25 - Nov

Accounts Payable

5287.5

26 - Nov

Expense

7200

30 - Nov

Accounts Payable

1503

30 - Nov

Bal c/d

10281.0

38515.5

38515.5

1 - Dec

Bal b/d

10281.0

Notes payable

Debit

Credit

Date

Particulars

Amount

Date

Particulars

Amount

21 - Oct

Sales Assembled Unites

528.75

21 - Oct

Sales flat pack units

411.25

30 - Nov

Bal c/d

940.0

940.0

940

1 - Dec

Bal b/d

940.0

Sales Assembled Unites

Debit

Credit

Date

Particulars

Amount

Date

Particulars

Amount

21 - Oct

Notes payable

528.75

12 - Oct

Accounts Receivable

2937.5

14 - Oct

Accounts Receivable

4700

16 - Oct

Accounts Receivable

1762.5

27 - Oct

Accounts Receivable

5875

16 - Nov

Accounts Receivable

2937.5

24 - Nov

Accounts Receivable

881.25

30 - Nov

Bal c/d

18565

19093.8

19093.8

1 - Dec

Bal b/d

18565

Sales flat pack units

Debit

Credit

Date

Particulars

Amount

Date

Particulars

Amount

21 - Oct

Notes payable

411.25

12 - Oct

Accounts Receivable

2350.0

14 - Oct

Accounts Receivable

3525

16 - Oct

Accounts Receivable

2115

27 - Oct

Accounts Receivable

4700

16 - Nov

Accounts Receivable

3525

24 - Nov

Accounts Receivable

1057.5

30 - Nov

Bal c/d

16861.3

17272.5

17272.5

1 - Dec

Bal b/d

16861.3

Trial Balance for King's Furniture

Ledger Account

Debit Balance

Credit Balance

Cash

30097

Capital

10000

Accounts Receivable

32817.5

Accounts Payable

23314.5

Expense

15558.6

Purchases

32606.3

Bank

10281.0

Notes payable

940.0

Sales Assembled Unites

18565

Sales flat pack units

16861.25

95520.3

95520.3

Summary Audit Trail

Audit Trail is a software - based method of operating systems, database systems, or management software, in which King's Furniture and its activities over a defined period can be monitored and logged. This serves as the monitoring of King Furniture's activities; the other by audit trail can also be a system or data recovery error which can be simplified ...