PRINCIPLES OF ACCOUNTS | | CHARLES ENTERPRISES | Performance of Charles Enterprises over a three month period. | | Name: Akima Charles | Teacher: Mr. Randy Boyke Cadet School: St Joseph Convent St George’s Registration number: School number: Due date: 18/02/2011 | |
TABLE OF CONTENTS Topics Page #
Introduction-------------------------------------------------------------------------------- 1
Acknowledgements----------------------------------------------------------------------- 2
Description of business------------------------------------------------------------------- 3
Aims ------------------------------------------------------------------------------------------- 4
Transactions---------------------------------------------------------------------------------- 5
Double entry--------------------------------------------------------------------------------- 9
Journals:
* purchases journal------------------------------------------------------------------- 17 * sales journal-------------------------------------------------------------------------- 18 * Returns outwards journal--------------------------------------------------------- 19 * Returns inwards journal----------------------------------------------------------- 20 * Cash book----------------------------------------------------------------------------- 21
Ledgers:
* Purchases ledger------------------------------------------------------------------- 22 * Sales ledger-------------------------------------------------------------------------- 23 * General ledger---------------------------------------------------------------------- 24
Trail balance--------------------------------------------------------------------------------- 26
Trading profit and loss account--------------------------------------------------------- 27
Balance