QUESTION Ananya started a business of …

QUESTION Ananya started a business of fashion jewellery on x ^ 3+ Apr 2015 under the name of "MY STYLE". She invested 25,00,000 as capital She also took a loan of 2,00,000 from HDFC BANK Itd payable in ten half yearly installment beginning from 30th September 2018 at an interest rate of 10% pa The amount of loan and interest to be repaid in first year each as follows! 30th September, 2018 [20,000 + 10000 interest) 31 th March, 2019 (20,000 + 9000 interest) She took a shop at Hent for her business at a monthly rent of 7,000 per month She purchased furniture for her shop at a cost of Hupees 80,000, she also deposfied Security with BSES and MTNL of 210,000 $ 6000 respectively. All the payments and receipts during the year where made through bank (except capital). At the end of the year, the books of MY STYLE Showed the following INFORMATION AMOUNT Total Salus 12,80,000/- Purchaser 4123001- carn 2100001- credit Electriuty expenses cash 240001- Due but not paid. 13501- Telephone expenser Carh 137001- Due but no paid 21001- Entertainment expensi 23401- Salaries 20000 l^ - Miscellaneous expenses. 92001- Permonth ng the year, ananya withdrew # 0000-00 Dwing the her personal use, Bank loans interest on loan where paid on due datey Journalise the above transaction post them into the ledger-prepare treal balance after charging depreciation on furniture @100% p.a. Closing Stock was valued at & 125000 by chique for Prepare trading & PIL AIC for the year ending 31 mar 19, and a balance sheet that date.

Kuldeep, general merchant, keeps his accounts on that informatio the results of his business on alat March, 2023 and for that following information is ava 1st April, 2022 (1) 1,50,000 31st March, 2023 1,75,000 Cash in Hand 7,50,000 Bank Balance Furniture Stock 6,50,000 Creditors 3,50,000 Debtors 2.50,000 3,00.005 During the your, he had withdrawn ₹5,00,000 for his personal use and as additional capital. Calculate his profits on 31st March, 2023 and Stateme of Affairs as on that date. invested ₹25000円 (Profit - 74 ,75,000)

The following is the trial balance of Zoya steel ltd. As on 31st March 2018

On 1st may 2020 cash book bank overdraft balance was ₹4000 on depositing ₹20,000 into bank and giving a cheque of ₹14,400 for rent the balance will be

Difference between expenses and expenditure

Journal entries of Q 18. Ch 3

To know the exact reason leading to net profit or net loss

Which method is best

sum

Define provision

Q43. Vikram Ltd. issued 50,000 shares of Rs. 10 each at a premium of Rs. 1 per share payable as follows: Rs. 3 on Application Rs. 4 on Allotment (including premium) Rs. 2 on First Call Balance when required Applications were collected for 46,000 shares and all of these were accepted. Directors did not make final call. A shareholder holding 800 shares did not pay the (Rs.) pending on first call. The shares were forfeited and re-issued at Rs. 7 per share, Rs. 8 per share paid. Pass Cash Book and Journal Entries