Double Entry Accounting System
Chart of Accounts
| Account Code | Account Name | Opening Balance | Transaction Balance | Current Balance | Normal Side |
|---|---|---|---|---|---|
1000 |
Cash in Hand | Rs 50,000.00 (Debit) | Rs 0.00 | Rs 50,000.00 Debit | Debit |
1100 |
Commercial Bank - Main Bank | Rs 100,000.00 (Debit) | Rs 0.00 | Rs 100,000.00 Debit | Debit |
1110 |
Sampath Bank - Savings Bank | Rs 50,000.00 (Debit) | Rs 0.00 | Rs 50,000.00 Debit | Debit |
1200 |
Accounts Receivable | Rs 0.00 (Debit) | Rs 0.00 | Rs 0.00 Debit | Debit |
1300 |
Inventory | Rs 0.00 (Debit) | Rs 0.00 | Rs 0.00 Debit | Debit |
1400 |
Prepaid Expenses | Rs 0.00 (Debit) | Rs 0.00 | Rs 0.00 Debit | Debit |
| Account Code | Account Name | Opening Balance | Transaction Balance | Current Balance | Normal Side |
|---|---|---|---|---|---|
2000 |
Accounts Payable | Rs 0.00 (Credit) | Rs 0.00 | Rs 0.00 Credit | Credit |
2100 |
Accrued Expenses | Rs 0.00 (Credit) | Rs 0.00 | Rs 0.00 Credit | Credit |
2200 |
Unearned Revenue | Rs 0.00 (Credit) | Rs 0.00 | Rs 0.00 Credit | Credit |
| Account Code | Account Name | Opening Balance | Transaction Balance | Current Balance | Normal Side |
|---|---|---|---|---|---|
3000 |
Owner's Capital | Rs 200,000.00 (Credit) | Rs 0.00 | Rs 200,000.00 Credit | Credit |
3100 |
Retained Earnings | Rs 0.00 (Credit) | Rs 0.00 | Rs 0.00 Credit | Credit |
| Account Code | Account Name | Opening Balance | Transaction Balance | Current Balance | Normal Side |
|---|---|---|---|---|---|
4000 |
Sales Revenue | Rs 0.00 (Credit) | Rs 0.00 | Rs 0.00 Credit | Credit |
4100 |
Service Revenue | Rs 0.00 (Credit) | Rs 0.00 | Rs 0.00 Credit | Credit |
4200 |
Interest Income | Rs 0.00 (Credit) | Rs 0.00 | Rs 0.00 Credit | Credit |
| Account Code | Account Name | Opening Balance | Transaction Balance | Current Balance | Normal Side |
|---|---|---|---|---|---|
5000 |
Rent Expense | Rs 0.00 (Debit) | Rs 0.00 | Rs 0.00 Debit | Debit |
5010 |
Utilities Expense | Rs 0.00 (Debit) | Rs 0.00 | Rs 0.00 Debit | Debit |
5020 |
Salaries Expense | Rs 0.00 (Debit) | Rs 0.00 | Rs 0.00 Debit | Debit |
5030 |
Office Supplies | Rs 0.00 (Debit) | Rs 0.00 | Rs 0.00 Debit | Debit |
6000 |
Professional Fees | Rs 0.00 (Debit) | Rs 0.00 | Rs 0.00 Debit | Debit |
6010 |
Insurance Expense | Rs 0.00 (Debit) | Rs 0.00 | Rs 0.00 Debit | Debit |
7000 |
Advertising Expense | Rs 0.00 (Debit) | Rs 0.00 | Rs 0.00 Debit | Debit |
7010 |
Promotion Expense | Rs 0.00 (Debit) | Rs 0.00 | Rs 0.00 Debit | Debit |
8000 |
Bank Charges | Rs 0.00 (Debit) | Rs 0.00 | Rs 0.00 Debit | Debit |
8000 |
Bank Charges | Rs 0.00 (Debit) | Rs 0.00 | Rs 0.00 Debit | Debit |
Recent Journal Entries
| Transaction No | Date | Description | Type | Entries | Total |
|---|