Page 239 - DMGT104_FINANCIAL_ACCOUNTING

Date Particulars L.F. ( ) Date Particulars L.F. ( )
Unit 10: Accounting and Depreciation for Fixed Assets
2003
Dec. 31 To Balance c/d 23,549 By Depreciation A/c 23,549
23,549 23,549
2004 Notes
Dec. 31 To Balance c/d 48,040 By Balance b/d 23,549
By Cash A/c (Interest) 942
By Depreciation A/c 23,549
48,040 48,040
2005
Dec. 31 To Balance c/d 73,511 By Balance b/d 48,040
By Cash (Interest) 1,922
By Depreciation A/c 23,549
73,511 73,511
2006
Dec. 31 To D.F. Investment A/c. 11 By Balance b/d 73,511
Dec. 31 To Machinery A/c 1,00,000 By Cash (Interest) 2,940
By Depreciation A/c 23,549
By P&L A/c 11
1,00,011 1,00,011

Depreciation Fund Investment Account
Date Particulars L.F. ( ) Date Particulars L.F. ( )
2003 2003
Dec. 31 To Cash Account 23,549 Dec. 31 By Balance b/d 23,549
23,549 23,549
2004 2004
Jan. 1 To Balance b/d 23,549 Dec. 31 By Balance c/d 48,040
Dec. 31 To Cash Account 24,491
48,040 48,040
2005 2005
Jan. 1 To Balance b/d 48,040 Dec. 31 By Balance c/d 73,511
Dec. 31 To Cash Account 25,471
73,511 73,511
2006 73,511 2006
Jan. 1 To Balance b/d Dec. 31 By Cash A/c 73,500
Dec. 31 By Depreciation Fund
A/c 11
73,511 73,511

Depreciation Account
Date Particulars L.F. ( ) Date Particulars L.F. ( )
2003 2003
Dec. 31 To Depreciation Fund A/c 23,549 Dec. 31 By P&L A/c 23,549
2004 2004
Dec. 31 To Depreciation Fund A/c 23,549 Dec. 31 By P&L A/c 23,549
2005 2005
Dec. 31 To Depreciation Fund A/c 23,549 Dec. 31 By P&L A/c 23,549
2006 2006
Dec. 31 To Depreciation Fund A/c 23,549 Dec. 31 By P&L A/c 23,549

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