 | Accounting for the microbusiness - A teaching manual (Peace Corps, 1975, 105 p.) |
 |  | Aids |
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Book of accounts: Title of account pages
CASH ON HAND
|
Date |
|
Deposits |
Withdrawals |
Balance | |
|
6 |
30 |
Initial Balance |
| |
250 |
|
7 |
31 |
Squared |
1, 900 |
1, 860 |
290 |
BANKS
|
Date |
|
Deposits |
Withdrawals |
Balance | |
|
6 |
30 |
Initial Balance |
| |
2, 500 |
|
7 |
31 |
Squared |
17, 800 |
19,467 |
833 |
LOANS TO EMPLOYEES
|
Date |
|
Loans |
Discounts |
Balance | |
|
6 |
30 |
Initial Balance |
| |
180 |
|
7 |
31 |
Squared |
60 |
130 |
110 |
ACCOUNTS RECEIVABLE
|
Date |
|
Credit Sales |
Payments |
Balance | |
|
6 |
30 |
Initial Balance |
| |
5, 600 |
|
7 |
31 |
Squared |
26, 000 |
12, 000 |
19,600 |
INVENTORY
|
Date |
|
Raw Material |
In Process |
Finished Goods |
Total | |
|
6 |
30 | |
2,000 |
3, 500 |
4, 500 |
10, 000 |
|
7 |
31 | |
1,500 |
3, 000 |
1, 500 |
6, 000 |
INVESTMENTS
|
Date |
|
Investments |
Liquidations |
Balance | |
|
6 |
30 |
Initial Balance |
| |
- 0- |
|
7 |
31 |
Squared |
- 0 - |
- 0 - |
- 0- |
AID # 27.1
FIXED ASSETS
|
Date |
|
Purchases |
Sales |
Balance | |
|
6 |
30 |
Initial Balance |
| |
30,000 |
|
7 |
31 |
Squared |
- 0 - |
- 0 - |
30,000 |
DEPRECIATION (Each Year)
|
Date |
|
Year |
Accumulated | |
|
6 |
30 |
Initial Balance |
|
- 0 - |
ACCOUNTS PAYABLE
|
Date |
|
Credit Purchases |
Payments |
Balance | |
|
6 |
30 |
Initial Balance |
| |
5,400 |
|
7 |
31 |
Squared |
13, 500 |
3, 117 |
15, 783 |
CURRENT OBLIGATIONS
|
Date |
|
Loans |
Liquidations |
Balance | |
|
6 |
30 |
Initial Balance |
| |
12,000 |
|
7 |
31 |
Squared |
- 0 - |
- 0 - |
12,000 |
ACCUMULATED SOCIAL BENEFITS (6 months)
|
Date |
|
Increases |
Liquidations |
Balance | |
|
6 |
30 |
Initial Balance |
| |
3,100 |
|
7 |
31 |
Squared |
- 0 - |
- 0 - |
3,100 |
BANK OBLIGATIONS
|
Date |
|
Loans |
Liquidations |
Balance | |
|
6 |
30 |
Initial Balance |
| |
- 0 - |
|
7 |
31 |
Squared |
- 0 - |
- 0 - |
- 0- |
FINANCE OBLIGATIONS
|
Date |
|
Loans |
Liquidations |
Balance | |
|
6 |
30 |
Initial Balance |
| |
20,000 |
|
7 |
31 |
Squared |
- 0 - |
1, 000 |
19, 000 |
OTHER OBLIGATIONS
|
Date |
|
Loans |
Liquidations |
Balance | |
|
6 |
30 |
Initial Balance |
| |
- 0 - |
|
7 |
31 |
Squared |
- 0 - |
- 0 - |
- 0 - |
BEGINNING CAPITAL (at initiation of system)
|
Date |
|
Balance | |
|
6 |
30 |
Permanent Balance |
8,030 |
PROFITS/LOSS Previous Years
|
Date |
|
Year |
Accumulated | |
|
6 |
30 | |
- 0 - |
- 0 - |
PROFITS/LOSS - This Year
|
Date |
|
Profit |
Loss |
Balance | |
|
7 |
31 |
- Lose ( from P & L Statement) |
- 0 - |
1,080 |
(1,080) |
SALES
|
Date |
|
Cash |
Credit |
Total |
Accumulated | |
|
7 |
31 | |
4,000 |
26,000 |
30,000 |
30,000 |
COST OF SALES
|
Date |
|
Commissions |
Discounts |
Total |
Accumulated | |
|
7 |
31 | | | |
- 0 - |
- 0 - |
PURCHASES OF RAW MATERIALS
|
Date |
Cash |
Credit |
Total |
Accumulated | |
|
7 |
31 |
2,500 |
13,500 |
16,000 |
16,000 |
LABOR
|
Date |
|
Month |
Accumulated | |
|
7 |
31 | |
3,800 |
3,800 |
SOCIAL BENEFITS
|
Date |
|
Cost of |
Payments |
Balance |
Accumulated | |
|
7 |
31 | |
467 |
20 |
447 |
447 |
SALARY AND PERSONAL EXPENDITURES
|
Date |
|
Month |
Accumulated | |
|
7 |
31 | |
4,700 |
4,700 |
OTHER EXPENSES
|
Date |
|
General Costs |
Transport |
Total |
Accumulated | |
|
7 |
31 | |
1,800 |
-0- |
1,800 |
1,800 |
INTEREST PAYMENTS
|
Date |
|
Month |
Accumulated | |
|
7 |
31 | |
333 |
333 |
OTHER INCOME OR EXPENSES ( OUTSIDE)
|
Date |
|
Income |
Expense |
Balance |
Accumulated | |
|
7 |
31 | |
- 0 - |
- 0 - |
- 0 - |
- 0 - |
COSTS OF GOODS SOLD
|
Date |
|
Month |
Accumulated | |
|
7 |
31 |
From P & L Statement |
20, 000 |
20, 000 |
|
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