No products in the cart.

  1. Homework Help
  2. CBSE
  3. Class 11
  4. Accountancy

Wha is assets

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Install Now
Wha is assets

    • Posted by Arvind Kumar 2 months, 4 weeks ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Preeti Dabral 2 months, 4 weeks ago

    In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash.

    1Thank You

    ANSWER
    http://mycbseguide.com/examin8/

    Related Questions

    60 journal enteries on a topic

    • Posted by Komal Aulakh 21 hours ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    Prepare Accounting Equation from the following:- S.no Particulars (Rs) 1. Sandeep started business with Cash 1,00,000 2. Purchased furniture for cash 5,000 3. Purchased goods for cash 20,000 4. Purchased goods on credit 36,000 5. Paid for rent 700 6. Goods costing Rs 40,000 sold at a profit of 20% for cash

    • Posted by Prince Yadav 1 week, 1 day ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    Started business with cash 200000(which include cash 20000 and open a bank account on the name of the business through cheque of rs 180000

    • Posted by Harmanpreet Kaur 1 week, 5 days ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    Chapter 6 Question 6

    • Posted by Deepak Kumar 21 hours ago

    CBSE > Class 11 > Accountancy
    • 1 answers
    Draft a cover page of prospectre issue by company register in Arunachal Pradesh.

    • Posted by Lavi Chechi 6 days, 3 hours ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    1.commenced business with cash 80000. 2 brought goods from ram on credit 20000 3.paid cash to ram 15000 4.paid rent 1600 and salary 4400 5.sold goods costing 10000 for 13000 to mohan 6.received cash from mohan 10000 7.withdrew cash 4000 and goods 5000 for personal use 8.goods returned to ram 2000. Prepare the accounting equation of the following

    • Posted by Ayush Chaturvedi 1 day, 21 hours ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    With 2018 Oct. 1 Commenced business with cash 90.000 Oct. 2 Bought goods for cash UST 1627 Oct. 4 Opened a bank account in State Bank of India Oct. 5 Sold goods for cash 19% GST 15.06 13.500 15,000 Oct. 6 Purchased goods from Disha GST 21.000 2,100 3009 Oct. 7 Sold goods to Anirudh GST Oct. 8 Purchased furniture 65 6,000 18.000 Oct. 9 Purchased machinery Oct. 10 Paid cash to Disha 6 6 ST LY 657 15,000 15,000 Oct. 12 Sahil sold goods to us . ST Oct. 14 Rajeev purchased goods from us. 6,000 Oct. 18 Paid salary by cheque 6 ST 2,400 2,100 Oct. 22 Withdrew from Bank for personal use Oct. 23 Cash received from Anirudh Oct. 26 Paid electricity bill of the proprietor's house by cheque GST 450 Oct. 31 Received commission 6 GST Note: All the transactions related to sales, purchases and commission are subjected to levy of CGST and SGST @6% each.

    • Posted by Idk Unknown 6 days ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    What is the last step of accounting process

    • Posted by Shailaja Srivastava 2 days, 17 hours ago

    CBSE > Class 11 > Accountancy
    • 1 answers
    Visit the branch of any government bank and write a report on various function performed by bank.

    • Posted by Lavi Chechi 6 days, 3 hours ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    Arjun stateyec a business

    • Posted by Sonali Negi 1 week, 1 day ago

    CBSE > Class 11 > Accountancy
    • 0 answers

    myCBSEguide App

    myCBSEguide

    Trusted by 1 Crore+ Students

    Install Now

    Test Generator

    Test Generator

    Create papers online. It's FREE.

    Try Now

    CUET Mock Tests

    CUET Mock Tests

    75,000+ questions to practice only on myCBSEguide app

    Install Now
    Google Play

    Download myCBSEguide App

    All Courses

    Other Websites

    CBSE Courses

    Resources

    Corporate

    NCERT Solutions

    CBSE Sample Papers

    All Content and Intellectual Property is under Copyright Protection | myCBSEguide.com ©2007-2023