i need formate of trading, P&L, and balance sheet formate
From India , Gandhinagar
Dear Friends; we are attaching herewith the formate of trading account. later i will send P/L & Balance sheet as soon as possible.......
From India , New Delhi

Attached Files
File Type: doc Trading Account.doc (50.5 KB, 1166 views)

please send me the accounting terms definitions, journal entries of various transactions used in accounting.
From India , Hyderabad
Dear Srinirao,

Kindly note there are three types of accounts.

1. Personal Account. (This relates to all Person / Firm / Company etc.)

2. Real Account (This relates all items which you can show)

3. Nominal Account ( This relates to all nominal accounts - which you can not show)

Rules for Accounting.

1. Personal Account - Debit the receiver - Credit to giver.

2. Real Account - Debit - which comes in , Credit - which goes out.

3. Nominal Account Debit - All expenses & losses , Credit - All Incomes & Gains.

Training.

1. Rs.1000 paid by cash to Mr.Satish.

Dr.Satish Account (Satish is Personal Account)

Cr. Cash Account (Cash is Real Account Which you can show)

2. Rs.1000 paid to Mr.Satish for Salary.

Dr. Salary Paid Account (Salary Paid is Nominal Account)

Cr. Cash Account (Cash is Real Account which you can show)

Like this you will have to creat all the journal entries. This is just example.

If you need any help please write

I know this a very crude method. But you can help can help yourself by this.

Ramakant

From India, Pune
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