Sure, here's how you can convert the columnar accounts to T format accounts:

Account Title: Cash at bank
```
Debit (K) | Credit (K)
-----------------------------------
Capital 20000 | Purchases 1500
Sales 4000 | Creditor XYZ Ltd 3000
Sales 1500 | Creditor XYZ Ltd 1500
Debtor Jason 1900|
```

Account Title: Furniture
```
Debit (K) | Credit (K)
-----------------------------------
Cash at bank 5000|
```

Account Title: Capital
```
Debit (K) | Credit (K)
-----------------------------------
| Cash at bank 20000
| Furniture 5000
```

Account Title: Purchases
```
Debit (K) | Credit (K)
-----------------------------------
Cash at bank 5500|
Cash at bank 1500|
```

Account Title: Creditor XYZ Ltd
```
Debit (K) | Credit (K)
-----------------------------------
| Purchases 5500
Purchase returns 1000|
Cash at bank 2940|
Discount received 60|
Cash at bank 1500|
```

Account Title: Sales
```
Debit (K) | Credit (K)
-----------------------------------
| Cash at bank 4000
Debtor- Jason 2500|
| Cash at bank 1500
```

Account Title: Purchases returns
```
Debit (K) | Credit (K)
-----------------------------------
| Creditor XYZ Ltd 1000
```

Account Title: Debtor- Jason
```
Debit (K) | Credit (K)
-----------------------------------
Sales 2500 | Sales returns 600
| Cash at bank 1862
| Discount allowed 38
```

Account Title: Discount received
```
Debit (K) | Credit (K)
-----------------------------------
| Creditor XYZ Ltd 60
```

Account Title: Sales returns
```
Debit (K) | Credit (K)
-----------------------------------
Debtor- Jason 600|
```

Account Title: Discount allowed
```
Debit (K) | Credit (K)
-----------------------------------
Debtor- Jason 38 |
```

Please note that in T format accounts, debits are listed on the left and credits on the right.

Question

Sure, here's how you can convert the columnar accounts to T format accounts:

Account Title: Furniture
```
    Debit (K)     |     Credit (K)
-----------------------------------
Cash at bank 5000|
```

Account Title: Capital
```
    Debit (K)     |     Credit (K)
-----------------------------------
                 | Cash at bank 20000
                 | Furniture 5000
```

Account Title: Purchases
```
    Debit (K)     |     Credit (K)
-----------------------------------
Cash at bank 5500|
Cash at bank 1500|
```

Account Title: Sales
```
    Debit (K)     |     Credit (K)
-----------------------------------
                 | Cash at bank 4000
Debtor- Jason 2500|
                 | Cash at bank 1500
```

Account Title: Purchases returns
```
    Debit (K)     |     Credit (K)
-----------------------------------
                 | Creditor XYZ Ltd 1000
```

Account Title: Debtor- Jason
```
    Debit (K)     |     Credit (K)
-----------------------------------
Sales 2500       | Sales returns 600
                 | Cash at bank 1862
                 | Discount allowed 38
```

Account Title: Discount received
```
    Debit (K)     |     Credit (K)
-----------------------------------
                 | Creditor XYZ Ltd 60
```

Account Title: Sales returns
```
    Debit (K)     |     Credit (K)
-----------------------------------
Debtor- Jason 600|
```

Account Title: Discount allowed
```
    Debit (K)     |     Credit (K)
-----------------------------------
Debtor- Jason 38 |
```

Please note that in T format accounts, debits are listed on the left and credits on the right.

Knowee AI · Accepted Answer