journal entry for tally programming
Home ACCOUNTING ENTRIES for The Phone Shop UK 1 "Rachel Halcrow" invested 40,750 GBP in "Barclays Hank 2 "Lincoln Halcrow" invested 30,750 GBP(20.750 in HSBC, 10,000 in Barclays) 3 Paid 2,575 GBP as foes for "Trade License" for the year, from HSBC 4 Rented a building from "Hamptons" for 40,750 GBP for one year 5 Bought 5 phone "Display Cabinets" for the company for 2.575 GBP each, from "Wellington Fur 6 Paid 50% advance from "Barclays bank for the purchase of the Display cabinets 7 Withdrew 1.575 GBP from "Barclays Bank for Cash Counter 8 Purchased "Stationary Items" for 275 GBP paying Cash 9 Borrowed a bank loan of 30,750 GBP from HSBC payable in 5 years at 3% interest per year 10 Purchased a "Computer" from a department store for 675 GBP paying cash 11 Purchased the following Items from "Nokia" 1) 25 Lumia 1320"phomes for 475 GBP each 2) 40 "Lumia 920" phones for 320 GBP each 3) 35 "Lumia 925 phones for 375 GBP each 12 Paid 50% to "Nokia" from "Barclays Bank 13 Purchased the following Items from "Samsung" 1) 50 "Galaxy Note 7 phones for 450 GBP each 2) 50 "Galary J Max" phones for 250 GBP each 3) 50 "Galary S7' phones for 420 GBP each 4) 50 "Galary A9 phones for 320 GBP each 14 Paid 50 GBP for Internet expenses from Cash IS "Rachel Halcrow" withdraw an amount of 2575 GBP for personalise from "HSBC 16 Withdrew cash of 5750 GBP from "Barclays Bank" for cash counter 17 Sold the following items to "ETA Trading" D) IS "Lumia 1320 phones for 450 GBP each 2) 25 "Lumia 920"phones for 360 GBP each 3) 30 "Galary S7' phones for 470 GBP each 4) 30 "Galary A9 phones for 365 GBP cach 18 Received full amount from "ETA Trading" in "Barclays Bank 19 Paid Electricity expenses of 1.750 GBP from "HSBC 20 2 "Galaxy A9" phones were stolen from the store. Amount is expensed under "inventory Less 21 Purchased the following Items from "HTC 1) 40 "HTC One E9" phones for 275 GBP each 2) 45 "HTC One M9 phones for 250 GBP each 3) 40 "HTC 10 phones for 420 GBP each 4) 40 "HTC Butterfly" phones for 180 GBP each 22 Sold the following items to "EROS Group" 1) 35 "HTC One E9" phones for 250 GBP cach 2) 30 "HTC 10"phones for 480 GBP each 3) 40 "Galaxy Note 7"phones for 505 GBP cach 4) 40 "Galary J Max"phones for 295 GBP each 23 Received full amount from "EROS Group" in "Barclays Bank 24 Paid full amount to "Samsung" for the phones purchase from "Barclays Bank 25 Paid Balance 50% to "Nokia" from "Barclays Bank 26 Received a Government Grant of 10,750 GBP for quality awards as Cash 27 Deposited 7.575 GBP in HSBC 28 Paid 250 GBP for plumbing repair works from Cash 29 Paid salary for 3 staff, 650 GBP each from HSBC 30 Paid principle and interest for month for the bank loan from HSBC 31 Paid "Medical expenses of 250 GBP for staff from Cash 32 Purchased the following Items from "Apple
