https://padlet.com/adjeitutup/s1lgrg0hzmt0 Made with a taste for adventure en-us 2017-11-02 09:19:44 UTC 2025-12-13 01:02:26 UTC hello@padlet.com adjeitutup https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204268218 2017-11-07 10:19:20 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204268218 20405661 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204269053 Sales Revenue
(Sales Returns)
Net Revenue
Opening inventory
Purchases
(Purchases returns)
Carriage Inwards
(Closing inventory)
Cost of Goods Sold
Gross profit
Interest received
Disposals (if figure is entered on the credit side)
Discounts received
Less:
Rent
Electricity
Allowance for doubtful debts
Carriage outwards
Depreciation
Total Expenses
Profit/loss for the year]]> 2017-11-07 10:22:08 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204269053 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204273404 3.12
Drawing : debit £1200
Bank : credit £1200
3.13
Drawing : debit £800
Purchases : credit £800
3.14
Net assets = capital + profit + drawings
3.15
£17600
3.16
Less : allowance for doubtful debts - adjustment £1400
3.17
Add : allowance for doubtful debts - adjustment £800

]]> 2017-11-07 10:36:23 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204273404 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204273531 3.12
Drawing : debit £1200
Bank : credit £1200
3.13
Drawing : debit £800
Purchases : credit £800
3.14
Net assets= capital + profit + drawings
3.15
£17,600
3.16
Less : allowance for doubtful debts - adjustment £1400
3.17

]]> 2017-11-07 10:36:50 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204273531 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204273549 2017-11-07 10:36:55 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204273549 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204273591 2017-11-07 10:37:04 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204273591 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204273744 2017-11-07 10:37:36 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204273744 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204273851 3.12 
Dr drawing 1200
Cr bank 1200
3.13
Dr drawing 800
Cr purchases 
3.14 
Net assets = capital+profit+drawings
3.15
17600
3.16 
less: allowance for doubtful debts adjustment
3.17 add: 
Allowance for doubtful debt adjustment

]]> 2017-11-07 10:38:00 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204273851 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204273863 2017-11-07 10:38:03 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204273863 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204273900 2017-11-07 10:38:11 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204273900 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204274388 3.12
Drawing 1200 dr
Bank 1200 cr

3.13
Drawings 800 dr
Purchases 800 cr

3.14
Net assets = owners capital

3.15
17600

3.16


]]> 2017-11-07 10:39:59 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204274388 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204274839 Bank - credit
Drawing - debit]]> 2017-11-07 10:41:38 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204274839 20405661 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204274847 3.12
Dr Drawings 1200
cr bank 1200

3.13
Dr drawings 800
cr purchases 800

3.14
net assets = capital +profit+drawings

3.15
17600

3.16
Less:
Allowance for doubtful debts-adjustment
3.17
Add:
allowance for doubtful debts-adjustment]]> 2017-11-07 10:41:39 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204274847 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204274919 3.12
Drawing : debit £1200
Bank : credit £1200
3.13
Drawings dr 800
Bank cr 800
3.14
Net assets = capital + profit + drawings
3.15
17600
3.16
Less : allowance for doubtful debts, adjustment £1400.
3.17
Add allowance for doubtful debts adjust- 800

]]> 2017-11-07 10:41:49 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204274919 georgehutson123 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204275063 Bank credit 1200 
Drawings debit 1200]]> 2017-11-07 10:42:18 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204275063 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204275454 2017-11-07 10:43:41 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204275454 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204275701 2017-11-07 10:44:35 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204275701 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204275737 2017-11-07 10:44:46 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204275737 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204275971 2017-11-07 10:45:38 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204275971 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204276099 2017-11-07 10:46:13 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204276099 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204276146 2017-11-07 10:46:30 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204276146 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204276340 2017-11-07 10:47:10 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204276340 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204276355 2017-11-07 10:47:13 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204276355 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204276874 2017-11-07 10:49:04 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204276874 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204276986 3.16
17600]]> 2017-11-07 10:49:28 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204276986 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204277293 Less:
Allowance for doubtful debts
1400]]> 2017-11-07 10:50:38 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204277293 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204277503 3.17

Add:
Allowance or doubtful debts 
800]]> 2017-11-07 10:51:28 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204277503 https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204278837 2017-11-07 10:56:02 UTC https://padlet.com/adjeitutup/s1lgrg0hzmt0/wish/204278837