LEDGER BOOK

Cash and Equivalents

Dr CR
Date Particular JF Amount Date Particulars JF Amount
Opening Balance 119115

A/C Receivable
Dr CR
Date Particular JF Amount Date Particulars JF Amount
Opening Balance 162500

Merchandise Inventory
Dr CR
Date Particular JF Amount Date Particulars JF Amount
Opening Balance 700680 1 COGS 302990
 Store equipment
Dr CR
Date Particular JF Amount Date Particulars JF Amount
Opening Balance 215000

Supplies inventory
Dr CR
Date Particular JF Amount Date Particulars JF Amount
Opening Balance 15475
3 Supply expenses 10265

Prepaid Insurance
Dr CR
Date Particular JF Amount Date Particulars JF Amount
Opening Balance 38250 4 Insurance premium used 4660
 Selling Expense
Dr CR
Date Particular JF Amount Date Particulars JF Amount
Opening Balance 24900

Sales salaries
Dr CR
Date Particular JF Amount Date Particulars JF Amount
Opening Balance 105750

Misc. general expenses

Dr CR
Date Particular JF Amount Date Particulars JF Amount
Opening Balance 31000
 Sales discounts
Dr CR
Date Particular JF Amount Date Particulars JF Amount
Opening Balance 6220

Interest Expense
Dr CR
Date Particular JF Amount Date Particulars JF Amount
Opening Balance 9300

Social security task expense

Dr CR
Date Particular JF Amount Date Particulars JF Amount
Opening Balance 9600
 Accumulated depriciation on equipment
Dr CR
Date Particular JF Amount Date Particulars JF Amount
Opening Balance 37300

Accounts payable
Dr CR
Date Particular JF Amount Date Particulars JF Amount
Opening Balance 118180

Notes payable
Dr CR
Date Particular JF Amount Date Particulars JF Amount
Opening Balance 143000
 Common stock
Dr CR
Date Particular JF Amount Date Particulars JF Amount
Opening Balance 300000

Retained earnings
Dr CR
Date Particular JF Amount Date Particulars JF Amount
Opening Balance 122375

Sales revenues
Dr CR
Date Particular JF Amount Date Particulars JF Amount
Opening Balance 716935
 Cost of goods sold
Dr CR
Date Particular JF Amount Date Particulars JF Amount
1 Merchandise Invent 302990

Supply Expenditure
Dr CR
Date Particular JF Amount Date Particulars JF Amount
3 Supply inventory 10265

Insurance premium used

Dr CR
Date Particular JF Amount Date Particulars JF Amount
4 Prepaid insurance 4660