Page 122 - DCOM302_MANAGEMENT_ACCOUNTING

Unit 6: Cash Flow Statement

Plant & Machinery Account Notes

Particulars ` Particulars `
To Balance b/d 4,00,000 By Bank (plant sold) 10,000
To Bank (purchases) 1,00,000 By Accumulated depreciation 30,000

(balancing figure) (on plant sold)
By Loss on plant sold 10,000
By Balance c/d 4,50,000
5,00,000 5,00,000

Accumulated Depreciation Account

Particulars ` Particulars `
To Plant & machinery A/c 30,000 By Balance b/d 1,40,000
(on plant sold) By Dep. for the year 40,000
To Balance c/d 1,50,000 (balancing fi gure)
1,80,000 1,80,000

Loans to Subsidiary Account

Particulars ` Particulars `

To Bank (balancing figure) 15,000 By Balance c/d (closing) 15,000
15,000 15,000
Equity Share Capital Account
Particulars ` Particulars `
To Balance c/d 4,00,000 By Balance b/d 3,00,000
By Bank (balancing fi gure) 1,00,000
4,00,000 4,00,000
Share Premium Account

Particulars ` Particulars `
To Balance c/d 10,000 By Bank (balancing fi gure) 10,000
10,000 10,000

Debentures Account

Particulars ` Particulars `
To Bank (balancing figure) 48,000 By Balance b/d 1,50,000

To Profit on redemption A/c 2,000
To Balance c/d 1,00,000
1,50,000 1,50,000

Profit on Redemption Account

Particulars ` Particulars `
To Balance c/d 2,000 By 6% Debentures A/c 2,000
2,000 2,000

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