Aruna, decided to start on the …

Aruna, decided to start on the under Mamer bud, 2020 she Ted £ 3,00,000 out 53,00,000 from of fashion business of fashion MIS garments Designch wear from 1st oft 10,00, do the inuent her saving and aho bermoud of her saving State Barill of India Bank She spacel of 500 fost fom & purchased alcommercial spacele 15,00,000. The space so Purchase burchase has termounted to make it Helady Ruitably showroom the and fixtones fors burchose furniture and fixtures. Jetal Anant 20 Quarterly of bank loan is 04 & 75,000. be intalment beginning 2026. Annual rate of interest 2020yment Acheduled Repayment sched yedthis a of Bank repaid in Jure, 127.0. loan in the lim Due Date Principle (t) Interment et ) Instalingr C June 30,2020 15000 9000 September 30,2020 15000 8550 kcomber 31, 2020 15000 8100 March 31, 2020 15000 7650 24000 23500 23100 22650 She started business on yst It registered under (GST). In view of She April, 2020 getting GGoods add Durtherm Confital Services Jadu re quitemen Capital requirement, she fwther debertted 2 2,00,000 in the the bank. She Hard Security Doponits & 5,000 for the electricity and & 2000. to MT NL for telephone Commention. chased Furniture, fort further. Ale 10,000 was f auments were the hecerats were in I bank in th mode bo Cheame. cheque. AR Ion Cash and mouning At the end deposited nent the day her results the showed the following Total Sales Total Purchase Electricity Expenses Telephone charges Goltage Qutureuds Travelling Expenses Busines Promotion Expenses Maintenance Expenses Miscellaneous. I expenses electricity Expense Payable 17,00,000 40,000 50,000 60,000 45,000 5,000 25,000 15,000 20,000 She withdraw & 5,000 by cheque o cach mouth for her personal expenser Bank hoon was service Vand instalment weke faid the above transactions li post trem into the ledger and prepoten leah, post the Trail balance. Also prepare Account, Biofit Sheet, charge and 10% on its Mading and hans baccbunt and Baland depriciation @ 5% on Buildings Furniture and fir ture. Closing Stock at the end of the year was & 5,50 600

sum

Journal entries of Q 18. Ch 3

Difference between expenses and expenditure

Q43. Vikram Ltd. issued 50,000 shares of Rs. 10 each at a premium of Rs. 1 per share payable as follows: Rs. 3 on Application Rs. 4 on Allotment (including premium) Rs. 2 on First Call Balance when required Applications were collected for 46,000 shares and all of these were accepted. Directors did not make final call. A shareholder holding 800 shares did not pay the (Rs.) pending on first call. The shares were forfeited and re-issued at Rs. 7 per share, Rs. 8 per share paid. Pass Cash Book and Journal Entries

Supplied goods costing 3600 to Sanjay . Issued invoice at 20 % above cost less 10 % trade discount

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

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

Neerav and madhur are partners in a firm they share profits in the ratio of 3:2

I'm so confused while preparing balance sheet . Chapter accounting equation .

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