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What will be the journal entry …

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What will be the journal entry of this; 1) received a cheque of Rs 25, 000 from Mohan after banking hours

    • Posted by Yanshu Gautam 7 years, 7 months ago

    CBSE > Class 11 > Accountancy
    • 5 answers

    Yanshu Gautam 7 years, 7 months ago

    Badiya

    0Thank You

    Sakshi Sharma ??️??️??️ 7 years, 7 months ago

    CHEQUE IN HAND A/c. Dr. TO MOHAN A/c

    0Thank You

    Charlie Lalwalni 7 years, 7 months ago

    Bank a/c. dr To mohan a/c

    0Thank You

    Kapil Upadhyay 7 years, 7 months ago

    Bank ac dr. 25000 to mohan 25000

    0Thank You

    Dhruv Choudhary 7 years, 7 months ago

    How are you

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    Mohan is admitted as a partner for 1/5th share on the following terms: (a) He is to contribute 14,000 as his share of capital which includes his share of premium for goodwill. (b) Goodwill is valued at 2 years' purchase of the average profits of the last 4 years, which were 10,000; 9,000; 8,000 and 13,000 respectively. (c) Plant to be written down to 25,000 and patents written up by * 8,000. Prepare the Revaluation Account, Partners' Capital Account and the Balance Sheet of the new firm.

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