With 2018 Oct. 1 Commenced business …

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.

Journal entries of Q 18. Ch 3

Which method is best

To know the exact reason leading to net profit or net loss

Define provision

sum

The following is the trial balance of Zoya steel ltd. As on 31st March 2018

Difference between expenses and expenditure

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Kuldeep, general merchant, keeps his accounts on that informatio the results of his business on alat March, 2023 and for that following information is ava 1st April, 2022 (1) 1,50,000 31st March, 2023 1,75,000 Cash in Hand 7,50,000 Bank Balance Furniture Stock 6,50,000 Creditors 3,50,000 Debtors 2.50,000 3,00.005 During the your, he had withdrawn ₹5,00,000 for his personal use and as additional capital. Calculate his profits on 31st March, 2023 and Stateme of Affairs as on that date. invested ₹25000円 (Profit - 74 ,75,000)

On 1st may 2020 cash book bank overdraft balance was ₹4000 on depositing ₹20,000 into bank and giving a cheque of ₹14,400 for rent the balance will be