2) Rules Of Personal Account
It Is Identify By Personal Name, Farm, company, Etc
DEBIT A/C: The Reciver
CREDIT A/C: The Giver
Purchasing Party = Sundry Creditors
Selling Party = Sundry Debtors
1). Purchase Furniture Form Silicon Industries Of Rs. 2000/-
@. Furniture A/C Dr Of Rs. 2000/-
To Silicon Industries A/C Cr Of Rs.2000/-
2). Purchase Stationery Of Rs. 1000/-
@. Stationery A/C Dr Of Rs. 1000/-
To Shayam Traders A/C Cr Of Rs. 1000/-
3). Purchase Machinery Of Rs. 2500/- From Mr. Amar.
@. Machinery A/C Dr Of Rs. 2500/-
To Mr Amar A/C Cr Of Rs. 2500/-
4). Sold Cupboard To Mr. Sunny Of Rs. 2750/-
@. Mr Sunny A/C Dr Of Rs. 2750/-
To Cupboard A/C Cr Of Rs. 2750/-
5). Sold Goods To Kiran Retailers Of Rs. 1500/-
@. Kiran Retailers A/C Dr Of Rs. 1500/-
To Goods A/C Cr Of Rs. 1500/-
6). Purchase Cycle Of Rs.1500/- From Ramesh.
@. Cycle A/C Dr Of Rs. 1500/-
To Ramesh A/C Cr Of Rs. 1500/-
7). Sold Microwave Oven Of Rs. 3000/- To Ravi.
@. Ravi A/C Dr Of Rs. 3000/-
To Microwave Oven A/C Cr Of Rs. 3000/-
8). Sold Mobile Of Rs. 2000/- To Amar.
@. Amar A/C Dr Of Rs. 2000/-
To Amar A/C Cr Of Rs 2000/-
9). Purchase A Watch For Rs. 800/- For Prince Stores.
@. Watch A/C Dr Of Rs. 800/-
To Prince Stores A/C Cr Of Rs. 800/-
10). Sold A Computer To Jay Of Rs. 14000/-
@. Jay A/C Dr Of Rs. 14000/-
To Computer A/C Cr Of Rs. 14000/-
11). Sold A Pen Of Rs. 80/- To Mina.
@. Mina A/C Dr Of Rs. 80/-
To Pen A/C Cr Of Rs. 80/-
12). Purchase Of Goods Of Rs. 1250/- From Shivam Traders.
@. Goods A/C Dr Of Rs. 1250/-
To Shivam Trasers A/C Cr Of Rs. 1250/-
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