Prepare a shank reconciliation statement from …

Prepare a shank reconciliation statement from the following particular. On the 31st December 2017 I had an overdraft of a rupee 7500 as shown by my my passbook. (1) I have issued cheque amounting to rupee 2500 of which cheques worth rupee 2000 only seem to have been represented for payment. (2) cheque amounting to rupee 1000 have been paid in by me on 30th December but out of these only rupee 750 were credited in the passbook. (3) I also find that a cheque for rupee 100 which I had debited to bank account in my books has been omitted to banked. (4) there is debit in my passbook of rupee 250 for interest (5) an entry of rupee 300 of a payment by a customer directly into the bank appears in the pass book. (6) my pass book also shows a credit of rupee 600 to my account being intrest on my investments collected directly by my bankers

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

Goods of the selling price of 3000 are further withdrawn by Sonia for personal use 20% of cost is added to fix up the selling price

Accounting equation practical problem so Accounts

Chapter 3 question number 21

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

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.​

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.

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

Features of accounting ?

Paid cash to kamlesh rs 15000