Journalise the following trnsaction in book …

Journalise the following trnsaction in book of harish 1april started business with cash 80000 2april goods purchased from ravi 25000 5april opened acount 20000 7april goods purchased from arun rs 20000 at trade discount of 10% 9april furniture purchased from raman and paid by cheque 10000 12 april goods used for personal use 5000 15april interest received by cheque and deposited into bank 2500 18 april machinery purchased by Bohra at treding cost 40000 and paid 10000rs cash and 12000rs cheque 22april goodds list price of 18000 sold at discount 25april goods worth rs 3000 stolen by employee 27april a typist appointed for the salary rs 10000 29 april salary rs 6000and rent rs 4500 and advertisement ezpenses paid in cash 30april ravi account was settled by paying cost 10% discount 30april commision recieved by cheque

Goods of the selling price of 3000 are further withdrawn by Sonia for personal use 20% of cost is added to fix up the selling price

Started business with cash RS 90000 stock 30,000 Purchase परचेज फर्नीचर परचेज फर्नीचर फॉर कैश फॉर कैश 15000 में चेक पैड कैरिंग चार्ज रुपीस 1000 इन कैश सोल 1 की 2 का अबोव स्टॉक तो राम ऑन क्रेडिट रिसीव फ्रॉम राम आफ्टर ए डिस्काउंट का 200 रेंट पैड रुपीस 7000 आउट ऑफ़ व्हिच 2000 इस प्रिपेयर्ड

Accounting equation practical problem so Accounts

Show the Accounting equation for the following transaction (i)Gopinath started business with cash

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.

Illustration 62. Given below is the Balance Sheet of Krishna & Suresh who are partners in a firm sharing profits in the ratio of 3 : 2: Liabilities Amount Creditors Bank Overdraft Investment Fluctuation Fund Contingency Reserve Capital A/c : Krishna Suresh 30,000 20,000 21,000 2,000 6,000 5,000 50,000 84,000 Assets Plant Patents Furniture Investments (Market value Stock Debtors Cash 14,000) Amount (₹) 30,000 5,000 3,000 15,000 13,000 17,000 1,000 84,000 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.​

Chapter 3 question number 21

Features of accounting ?

Paid cash to kamlesh rs 15000

What is bad depts and how we can show in journal and ledger