SINGLE ENTRY

                    Book keeping & Accountancy Worksheet for SYJC students

                                     SINGLE ENTRY SYSTEM   

 Prof : Bhargav S  Joshi

(Member  Commerce Teacher’sAssociation Maharashtra )

                      

                              1  Finding out Opening Capital

   

              In the Books of ________________________________

                                                   Opening Statement of Affairs

As on 1^St April, 201…

Liabilities	Amount	Assets	Amount
Sundry Creditors Bills Payable Bank Overdraft Bank Loan Loan from other Outstanding Expenses Opening Capital ( Balancing Figure )	xxx xxx xxx xxx xxx xxx xxx	Land and Buildings Plant and Machinery Furniture and Fixture Motor Van Investments Loose Tools Sundry Debtors Stock Bills Receivable Cash in Hand Cash at Bank Prepaid Expenses Outstanding Income	xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx

2  Technique to Find  out Closing Capital

In the Books of ___________________________________________

Closing Statement of Affairs

As on 31^st March,201..

Liabilities	Amount	Assets	Amount
Sundry Creditors Bills Payable Bank Overdraft Bank Loan Loan from other Outstanding Expenses Closing Capital (  Balancing Figure )	xxx xxx xxx xxx xxx xxx xxx	Land and Buildings Plant and Machinery Furniture and Fixture Motor Van Investments Loose Tools Sundry Debtors Stock Bills Receivable Cash in Hand Cash at Bank Prepaid Expenses Outstanding Income	xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx xxx
Total	xxx	Total	xxx