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    • Posted by Harsh Agrawal an hour ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Sakshi Sharma 🖋️🇮🇳✍️🐅 an hour ago

    Hii

    0Thank You

    Harsh Agrawal an hour ago

    Hiii

    1Thank You

    ANSWER
    Bhushan and company purchased a machinery on 1st April 2009,for Rs.54000 and spent Rs.6000 on its installation.On 1st December 2010,it purchased another machine for Rs 30000. On 30th June 2011,the first machine purchasedbon 1st April 2009 is sold for Rs 36000 and on the same date it purchased a new machinery for Rs 80000. On December 1,2012 ,the second machine (purchased on Dec 1,2010)was also sold off for Rs 26000. Depreciation was provided on machinery @10%p.a.on Original cost Method anually on 31st March .Give the machinery account fir four years.

    • Posted by Harsheet Singh 3 hours ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER
    Bill was retained by Mr.x till the date of maturity than what is the entry of this line

    • Posted by Krishna Chaudhary 3 hours ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Divyanshu Jain 3 hours ago

    Bank a/c dr. To Bills receivablea/c

    1Thank You

    ANSWER
    Calculate closing stock from the following details: Opening stock 2000 Cash sales 60000 credit sales 40000 Purchase 70000 Rate of gross profit on Cost 33 1/3%

    • Posted by Divyanshu Jain 4 hours ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER
    Formula of net sales

    • Posted by Ankit Maini 4 hours ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Divyanshu Jain 3 hours ago

    Net sales = cost of goods sold + gross profit

    1Thank You

    ANSWER
    What is dr. Stands for?

    • Posted by Vaibhav Singh 5 hours ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Hʌʀɩoɱ Ɱɩsʜʀʌ 3 hours ago

    Debit (dr) credit (cr)

    2Thank You

    ANSWER
    Adjustment of bill dishonered in final a/c?

    • Posted by Himanshu Singh 7 hours ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Divyanshu Jain 3 hours ago

    There is no entry in books of final account

    0Thank You

    ANSWER
    20 transaction on journal, ledger, trial balance,trading account, profit and loss account and balance sheet

    • Posted by Nawab Rishi 14 hours ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER
    Meaning of prudence of conservatism

    • Posted by Disha Dhiman 16 hours ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER
    60entries with journel ledger trial book balance cashbook balance sheet.

    • Posted by Aakash Panwar 17 hours ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER
    Principle of accounting in hindi

    • Posted by Hatsh Sharma 18 hours ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER
    Ram draws a bill for 2,000 on Shyam on 15th September, 2017 for 3 months. On maturity, Shyam failed to honour the bill. Pass the necessary Journal entries in the books of Ram and Shyam

    • Posted by Radhika Singhal 20 hours ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Divyanshu Jain 3 hours ago

    In books of ram B/r a/c dr. 2000 To shayam. 2000 Shayam a/c dr. 2000 To B/r. 2000 In books of shayam Ram a/c dr. 2000 To B/p. 2000 B/p a/c dr. 2000 To ram. 2000

    0Thank You

    ANSWER
    What is the marking scheme chapter wise

    • Posted by Lakshika Chaudhary 22 hours ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER
    Prepare an analytical petty cash book for the week of june 2018. 1/6 received imprest amount of rs 1200 2/6 paid for freight rs 50 2/6 paid for refreshments rs 150 3/6 paid for stationary rs 100 3/6 paid for postage rs 45 4/6 paid for registers rs 65 5/6 paid for repairs rs 80 6/6 paid for postage rs 55 6/6 paid for refreshments rs 130 6/6 paid for cartage rs 65

    • Posted by Aditi Shrivastava 22 hours ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER
    Who is known as the father of accounting

    • Posted by Saini Saab 1 day, 2 hours ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Yogita Ingle 1 day, 2 hours ago

    Luca Pacioli is referred as the Father of Accountancy. He invented the double entry system of Book-Keeping. He is also called as father of Book - Keeping.

    1Thank You

    ANSWER
    Rectify the following error : credit sales to mohan rs.7000 were not recorded.

    • Posted by Wonder Woman 1 day, 4 hours ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Meet Bhanushali 1 day, 1 hour ago

    Mohan A/c Dr. 7000 To Sales A/c 7000

    1Thank You

    Jerald Shaju 1 day, 4 hours ago

    Sales ac. Dr. 7000 To mohan. 7000

    1Thank You

    ANSWER
    What if owner leaves the business?

    • Posted by Parul Prasad 1 day, 5 hours ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Himanshu Singh 7 hours ago

    If that business is not a joint stock company than it will be closed

    0Thank You

    ANSWER
    Mr sharad keeps his books as per incomplete records his business position for the year ended 31-3-16 is under :- PARTICULARS 31-03-16 31-03-17 Cash 7000 6500 Motor car 40000 40000 Debtors 31000 42000 Creditors 18000 13000 Bank 6000(CR) 10000 Stock 12000 30000 Mr.sharad withdrew rs 900 per month for domeatic use and brought further capital of rs 12000 during the year.It was decided that- 1.motor car to be depreciated by 10% 2.record outstanding insurance of rs 2000 3.create provision for doughtful debt at 5% Compute profit earned by the firm during the year.

    • Posted by Aditi Shrivastava 1 day, 16 hours ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER
    which account is not used in trial balance

    • Posted by Shruti Kumari 1 day, 17 hours ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Divyanshu Jain 3 hours ago

    Closing stock is not used in trial balance when sometime closing is enter in trial balance it is treated in balance sheet only

    0Thank You

    Sakshi Sharma 🖋️🇮🇳✍️🐅 1 day, 15 hours ago

    Closing stock if not adjusted

    3Thank You

    ANSWER
    the net sales of a firm is rs2000000 where as gross profit is 25% on cost . compute cost of goods sold

    • Posted by Aditi Shrivastava 1 day, 18 hours ago

    CBSE > Class 11 > Accountancy
    • 3 answers

    Divyanshu Jain 3 hours ago

    Ans is 1600000

    0Thank You

    Aditi Shrivastava 1 day, 16 hours ago

    Plzz explain briefly

    0Thank You

    Anrudh Garg 1 day, 18 hours ago

    1500000

    0Thank You

    ANSWER
    Unexpired insurance was Rs600

    • Posted by Mukul Patel 1 day, 21 hours ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Sakshi Sharma 🖋️🇮🇳✍️🐅 1 day, 19 hours ago

    Prepaid insurance A/c dr ₹600 To insurance A/c ₹600

    1Thank You

    Diya Patel 1 day, 20 hours ago

    Prepaid insurance a/c debit and insurance a/c credit

    2Thank You

    ANSWER
    A traders purchase a mach.for rs 80000 on 1-4-15 and speant rs 10000 on installation dep.is 10% per annum by reducing balance method .a new mach.worth rs 40000 was purchased on 30-6-16 on 1-7-17 they sold the first mach.for loss of rs 3000 on its book value and purchased another mach.costing rs 50000 on the same date prepare mach.acc.for 3 years

    • Posted by Aditi Shrivastava 1 day, 21 hours ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER
    Purchase typewriter for6000 on credit ,in office use pass journal entry

    • Posted by Drishti Chhabra 1 day, 22 hours ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Sakshi Sharma 🖋️🇮🇳✍️🐅 1 day, 21 hours ago

    Office equipment A/c dr ₹6,000 To creditor A/c ₹6,000 🙂 🙂

    2Thank You

    Dhruti Mistri 1 day, 21 hours ago

    Typewriter to creditor

    2Thank You

    ANSWER
    Is GST included or not in SA-2 examination?

    • Posted by Prabhas Jha 1 day, 22 hours ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Sakshi Sharma 🖋️🇮🇳✍️🐅 1 day, 21 hours ago

    Yes it is included in SA-2 examination

    2Thank You

    Dhruti Mistri 1 day, 21 hours ago

    Included

    1Thank You

    ANSWER
    How many chapters come in final exam

    • Posted by Tanishka Bhandari 1 day, 23 hours ago

    CBSE > Class 11 > Accountancy
    • 3 answers

    Sakshi Sharma 🖋️🇮🇳✍️🐅 1 day, 21 hours ago

    All chapters

    1Thank You

    Dhruti Mistri 1 day, 21 hours ago

    11

    1Thank You

    Abhi Sharma 1 day, 23 hours ago

    All

    1Thank You

    ANSWER
    Why do we write Assets = liab. + capital , as capital is also liab. ???

    • Posted by Vivek Singh 2 days, 1 hour ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Sakshi Sharma 🖋️🇮🇳✍️🐅 1 day, 21 hours ago

    Yes capital is also treated as liabilities in business due to business entity concept

    1Thank You

    ANSWER
    Give one defination of single entry system

    • Posted by Husain Husain 2 days, 3 hours ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Sakshi Sharma 🖋️🇮🇳✍️🐅 1 day, 21 hours ago

    Single entry system of accounting is a system in which accounting records are not maintained according to double entry system of book keeping.

    1Thank You

    ANSWER
    Is trial balance statement or an account

    • Posted by D H 2 days, 5 hours ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Sakshi Sharma 🖋️🇮🇳✍️🐅 2 days, 1 hour ago

    Trial balance is a statement because it is not prepared for a period of time and is just prepared just on the date of closing of the accounts. Hence, it is just a statement showing the balances of the assets and liabilities and incomes of the business on the date of closing of accounts.

    2Thank You

    ANSWER
    Bank balance as per pass book

    • Posted by Gunjan Bhardwaj 2 days, 7 hours ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER
    "Accounting software is an integral part of the computerized accounting system"explain.

    • Posted by Anshita Aggarwal 2 days, 7 hours ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

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