enter following transaction in the cash …

enter following transaction in the cash book with cash and bank column :--- 1994 jan 1 cash in hand 4,000 , cash at bank 12,000 , jan 2 sold goods for cash 13,200 jan 5 received from suresh 2,500 jan 6 received a cheque from ravi and immediately deposited it into bank 6,400 jan 7 salary paid to office staff by cheque 7,600 jan 10 paid sudhir by cheque 5,000 jan 12 paid for travelling expenses 1,200 jan 15 cash purchases 8,000 jan 16 cash deposited into bank 10,000 jan 20 cash sales 15,100 , purchased machinery and payment made by cash 6,800 jan 21 paid wages for erection of above machinery 400 jan 22 withdrew from bank for office use 7,500 jan 23 received a cheque from anil and deposited it into bank 4,600 jan 27 anil's cheque returned by bank dishonoured 4,600 jan 28 purchased typewriter and paid by cheque 8,000 jan 30 paid charity 120 jan 31 paid into bank 12,000

Goods of the selling price of 3000 are further withdrawn by Sonia for personal use 20% of cost is added to fix up the selling price

Features of accounting ?

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.​

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

Paid cash to kamlesh rs 15000

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

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

Chapter 3 question number 21

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.

Accounting equation practical problem so Accounts