| |
Solution 2.7
|
DR |
Capital Account |
CR |
|
Sept |
|
€ |
Sept |
|
€ |
|
|
|
|
1 |
Bank
a/c |
40,000 |
|
DR |
Bank Account |
CR |
|
Sept |
|
€ |
Sept |
|
€ |
|
1 |
Capital
a/c |
40,000 |
3 |
Premises
a/c |
330,000 |
|
2 |
Loan
a/c |
300,000 |
5 |
Furniture
a/c |
5,000 |
|
|
|
|
12 |
QE
Ltd a/c |
4,000 |
|
|
|
|
15 |
Cash
a/c |
500 |
|
|
|
|
23 |
Computer
a/c |
1,200 |
|
|
|
|
30 |
Style
Int. a/c |
1,200 |
|
DR |
Loan – IBB
Account |
CR |
|
Sept |
|
€ |
Sept |
|
€ |
|
|
|
|
2 |
Bank
a/c |
300,000 |
|
DR |
Premises Account |
CR |
|
Sept |
|
€ |
Sept |
|
€ |
|
3 |
Bank
a/c |
330,000 |
|
|
|
|
DR |
Furniture
Account |
CR |
|
Sept |
|
€ |
Sept |
|
€ |
|
5 |
Bank
a/c |
5,000 |
|
|
|
|
26 |
Style
Interiors a/c |
1,400 |
|
|
|
|
DR |
Equipment
Account |
CR |
|
Sept |
|
€ |
Sept |
|
€ |
|
7 |
QE
Ltd a/c |
7,000 |
10 |
QE
Ltd a/c |
3,000 |
|
DR |
Premises Account |
CR |
|
Sept |
|
€ |
Sept |
|
€ |
|
|
|
|
|
|
|
|
DR |
Computer Equipment
Account |
CR |
|
Sept |
|
€ |
Sept |
|
€ |
|
23 |
Bank
a/c |
1,200 |
|
|
|
|
DR |
Cash Account |
CR |
|
Sept |
|
€ |
Sept |
|
€ |
|
15 |
Bank
a/c |
500 |
|
|
|
|
DR |
Creditor –
QE Ltd Account |
CR |
|
Sept |
|
€ |
Sept |
|
€ |
|
10 |
Equipment
a/c |
3,000 |
7 |
Equipment
a/c |
7,000 |
|
12 |
Bank
a/c |
4,000 |
|
|
|
|
DR |
Creditor –
Style Interior Account |
CR |
|
Sept |
|
€ |
Sept |
|
€ |
|
30 |
Bank
a/c |
1,200 |
26 |
Furniture
a/c |
1,400 |
|