KARIM ENTERPRISEGeneral Journal

Date Explanation Reference

Debit Amount

Creditamount

Jan 01

Cash Karim, Capital(Mr.Karim started business with cash capital Tk.5,00,000)

Tk. 5,00,000 Tk.

5,00,000

Jan 02

Cash Note Payable (Borrowed cash from a bank by signing a note Tk. 3,00,000)

3,00,0003,00,000

Jan 03

Land Cash Account Payable(Purchased land with partial paymentTk.2,25,000)

3,50,0002,25,0001,25,000

Jan 04

Supplies on Hand Account Payable(Purchased supplies on account Tk.5,000)

5,0005,000

Jan 05

Salaries Expense Cash(Paid salaries Tk. 15,000)

15,00015,000

Jan 06

Prepaid Rent Cash(Paid rent in advance Tk 2,000)

2,0002,000

Jan 07

Electricity Expense Bills Payable(Un paid electricity bills Tk.1,000)

1,0001,000

Jan 08

Salaries/Salary Expense Cash(Payment of salaries Tk 12,000)

12,00012,000

Jan 09

Account Receivable Service Revenue(Service provided on account Tk.5,000)

5,0005,000

Jan 10

Cash Service Revenue(Service rendered for cash Tk. 500)

500500

Jan 11

Prepaid Insurance Cash(Paid insurance premium Tk.12,000)

12,00012,000

Jan 12

Cash Karim, Capital(The owner invested additional capital Tk. 7,00,000)

7,00,0007,00,000

KARIM ENTERPRISEGeneral Journal

Date Explanation Referenc

e

Debit Amount

CreditAmount

Jan 13 Drawing Cash(Owner withdrew Tk.10,000)

Tk.10,000 Tk.

10,000Jan 14 Cash

Interest Revenue(Received interest Tk.500 on deposited amount)

500500

Jan 15 Interest Expense Cash(Paid for interest Tk.2,000)

2,0002,000

Jan 16 Bank Charge Cash(Bank charged Tk. 250 for service provided)

250250

Jan 17 Wage Expense Cash(Paid wages Tk.5,000.)

5,0005,000

Jan 18 Account Receivable Service Revenue(Service provided on account Tk.8,000)

8,0008,000

Jan 19 Cash Account Receivable (Collected cash from an Account Receivable Tk.640)

640640

Jan 20 Delivery Equipment Account Payable(Purchased equipment on account, Tk.1,00,000)

1,00,0001,00,000

Jan 21 Account Receivable Delivery Service Revenue(Earned but not received delivery fee Tk.2,000)

2,0002,000

Jan 22 Utility Expense Cash(Paid for utility expense Tk.1000)

1,0001,000

Jan 23 Salary Expense Cash(Paid salaries Tk. 3000)

3,0003,000

Jan 24 Account Receivable Delivery Service Revenue(Rendered delivery service on account

10,00010,000

2

Tk.10,000)Jan 25 Account Receivable

Delivery Service Revenue(Rendered delivery service on accountTk.2,500)

2,5002,500

3

KARIM ENTERPRISEGeneral Journal

Date Explanation Referenc

e

Debit Amount

CreditAmount

Jan 26 Gas and Oil Expense Cash(Paid gas and oil bills Tk.420)

Tk. 420Tk. 420

Jan 27 Cash Delivery Service Revenue(Rendered delivery service in cash Tk.1400)

1,4001,400

Jan 28 Miscellaneous Expense Account Payable(Paper bill received but did not pay Tk.300)

300300

Jan 29 Delivery Truck Cash(Purchased delivery truck in cashTk.24,000)

24,00024,000

Jan 30 Gas and Oil Expense Cash( Paid gas and oil bills Tk.591)

591591

Jan 31 Electric Expense Bills Payable(Un paid electric bills Tk.465)

465465

4