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    • Posted by Subhom Das 22 hours ago

    CBSE > Class 11 > Accountancy
    • 0 answers
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    • Posted by Jyoti Yadav 23 hours ago

    CBSE > Class 11 > Accountancy
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    • Posted by Subhom Das 23 hours ago

    CBSE > Class 11 > Accountancy
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    • Posted by Sukhpal Bansal 1 day, 7 hours ago

    CBSE > Class 11 > Accountancy
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    • Posted by Akshat Singh 1 day, 22 hours ago

    CBSE > Class 11 > Accountancy
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    • Posted by Varshini Varshini 2 days ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Waheed Ahmad 1 day, 20 hours ago

    1049

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    • Posted by Richa Singhal 3 days, 19 hours ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER
    shyam started a manufacturing business with cash ₹ 10,00,000; goods ₹ 2,00,000 and furniture of ₹ 1,00,000. he opened a bank account with hdfc bank in the name of the firm by depositing ₹ 60,000. the following transactions took place: (a) goods purchased in cash ₹ 80,000 and on credit ₹ 50,000. (b) goods were sold in cash ₹ 1,00,000 and on credit ₹ 50,000 at cost price plus 25%. (c) cash paid to creditors on account ₹ 30,000. (d) cash received from debtors ₹ 10,000. other information (a) debtors have deposited 50 % of the remaining amount in firm’s bank account. bank charges ₹2,000 were charged by bank for services provided. 1.how much total profit made the him? 2.what is the amount of sales? 3.how much total capital brought by mr. shyam to start the business in the beginning? 4.how much amount is yet to be paid to the creditors? 5.what is the amount of goods left?

    • Posted by Shivam Kushwaha 4 days, 1 hour ago

    CBSE > Class 11 > Accountancy
    • 0 answers
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    • Posted by Prince Kumar 4 days, 8 hours ago

    CBSE > Class 11 > Accountancy
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    • Posted by Prince Kumar 4 days, 8 hours ago

    CBSE > Class 11 > Accountancy
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    • Posted by Hariom Tiwari 5 days, 13 hours ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Waheed Ahmad 1 day, 20 hours ago

    Bank a/c Dr to creditor

    0Thank You

    Lakshika Mahara 4 days, 21 hours ago

    Received A/c To cash A/c

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    • Posted by Hema Balan 6 days, 23 hours ago

    CBSE > Class 11 > Accountancy
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    • Posted by Jia Chandwani 1 week ago

    CBSE > Class 11 > Accountancy
    • 0 answers
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    • Posted by Charul Dhote 1 week, 2 days ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Chavi Sharma 1 week ago

    Cash ac dr to rakesh ac

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    • Posted by Sonal Tawri 1 week, 6 days ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Swati Parajapati 1 week, 6 days ago

    Loses mean when our good are lost , theft or destroy by fire or expense mean when we paid money for use service or good . Eg:- rent, hotel etc..

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    • Posted by Maira Laiq 1 week, 6 days ago

    CBSE > Class 11 > Accountancy
    • 3 answers

    Hariom Tiwari 5 days, 13 hours ago

    Ram a/c Dr. 40,000 Discount allowed Dr. 4,720 To sales a/c 35,280

    0Thank You

    Adarsh Kumar 1 week, 4 days ago

    Bhut how

    1Thank You

    Kumar Karan 1 week, 6 days ago

    Cash a/c ...dr. 8,820 Ram acc. ...dr. 26,460 To cash disc. allowed a/c .....dr. 720 To sales a/c. 34,560

    2Thank You

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    • Posted by Jassu Jasmine 2 weeks ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Kumar Karan 1 week, 1 day ago

    Cash a/c dr. 1250 Disc. allowed a/c dr.250 To raman's a/c. 1500

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    Kumar Karan 1 week, 6 days ago

    Cash a/c. ...dr 1250 Dis all a/c ...dr 250 To Raman's a/c 1,500

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    ANSWER

    • Posted by Manish Pandey 2 weeks ago

    CBSE > Class 11 > Accountancy
    • 0 answers
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    • Posted by Amit Patel 2 weeks, 1 day ago

    CBSE > Class 11 > Accountancy
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    • Posted by Amit Patel 2 weeks, 1 day ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER
    Journal Entries and Ledger Prep Default (GPT-3.5) User SITUATION On 1st January, 2016 Mr Veer Das decided to start a driving school and also to sell car accessories through same place. For this purpose he bought a workshop at a cost of 20,00,000 and decided to invest ₹ 7,50,000 as a further capital in the proposed business. He employed assistants and training staff for this purpose. He wants to start with 5 second hand cars. For further funds he approached Punjab National Bank and secured a loan of 18,00,000 @ 10% per annum. The loan was payable in 4 instalments along with interest due. Purchased cars. 13,00,000 Security depsoited for electricity connection with electricity board 60,000. Security deposited with BSNL for telephone and Internet connection 1,50,000 Purchased furniture 1,20,000 Fees received from students19.50,000 Bought car accessories 3,30,000 Sale of car accessories4,80,000 Wages paid2,70,000 Salaries paid 3,75,000 Electricity charges1,42,500 Advertisement66,000 Postage and call28,500 General expenses 18,000 Insurance premium13,800 Bought laptop and printer 90,000 He withdrew 36,000 per month as drawings and repaid the annual instalment of bank loan along with interest due to 31st December, 2016. Assume all transactions took place through Punjab National Bank. You are required to (1) Journalise these transactions after considering the following information (1) Depreciate building by 5% and cars and furniture @ 10% per annum (ii) Stationery unpaid 27,000 (iii) Advertisement include unissued material worth 12,000. (iv) Insurance prepaid 4,500 (v) Stock of car accessories 58,500. (2) Post them into ledger and prepare trial balance.

    • Posted by Devil Bro 2 weeks, 2 days ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Akash Gupta 2 weeks, 3 days ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Biswajit Pattnaik 2 weeks, 2 days ago

    I don't know the any thing in accounting

    0Thank You

    Biswajit Pattnaik 2 weeks, 2 days ago

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    • Posted by Jashan Preet Singh 2 weeks, 5 days ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Rishi Sahu 2 weeks, 3 days ago

    Journal

    1Thank You

    Simranjotsekhon126Gmail Sekhon 2 weeks, 4 days ago

    What is account?

    1Thank You

    ANSWER

    • Posted by Jashan Preet Singh 2 weeks, 5 days ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Chetan Sharma 2 weeks, 6 days ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Zakiya Tarannum 6 days, 23 hours ago

    drawings A/C. ...... dr to cash A/C ( being cash withdrew from office fo personal use )

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    Avni Aggarwal 2 weeks, 4 days ago

    Journal entry : Drawings A/c ............dr To cash A/c (Being withdrew money from office for personal use)

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    • Posted by Prabhkaur Dhindsa 2 weeks, 6 days ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Adarsh Kumar 1 week, 4 days ago

    1. Cash A/C Dr 5,00,000 To capital a/c 5,00,000 2. Land and building A/c Dr 1,00,000 To cash A/c 1,00,00 3. Furniture A/c Dr 15,000 To Mahesh 15,000 4. PurchaseA/c Dr 2,000 To Rajesh 2,000 5. Advertisement expense A/c Dr 500 To cash A/c 500 6. Commission A/c Dr 400 To cash A/C 400

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    • Posted by Prabhkaur Dhindsa 2 weeks, 6 days ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Prabhkaur Dhindsa 2 weeks, 6 days ago

    Tell

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    ANSWER
    Journalise the following transactions in the books of Z & Co 2023 : April 1 Started the year with L & B 15,00,000, P & M 800,000, F & F 600,000, Stock 450,000, Drs 300,000, Cash 300,000, Bank 600,000, Accrued Interest 10,000, 12% Loan 15,00,000, B/P 50,000, Crs 100,000, Bank OD 40,000, O/S Rent 10,000 2 Received a Cheque from P & allowed him Discount 5%. Amount due 200,000 4 Above Cheque was deposited 5 Purchased Goods from W 200,000 @ 10% Discount & paid 60% of the amount due & obtained 5% Discount 6 Invested 100,000 in FD @ 9% 7 Purchased a new Machine worth 130,000 from M Ltd in exchange of old Machine with Book Value 55,000 & exchange value of 40,000. Balance amount was settled by cheque 8 Purchased 6 Laptop @ 30,000 from L at 5% Discount & paid 30% of the consideration by cheque. One Laptop was taken for personal use 12 Purchased 400 Sh of M Ltd @ 120 & paid 5% Brokerage from Bank 14 Cheque issued to M was dishonored along with Bank charges of 300 16 Sold Goods to G purchased from P at 20,000 at 20% Profit 17 Fresh cheque was issued to M 18. 40% of the goods were returned by G which was returned to P 20 Good Destroyed by Fire CP 60,000, SP 75,000 22 Paid Rent 70,000 which includes O/S Rent 10,000 & Prepaid Rent amounting to 25,000 24 Paid Elec Bill from Personal Cash 15,000 (1/5 personal use) 25 Imported P & M 38,000 from N & paid 1,500 import duty, 1000 on Transportation & 500 on a/c of installation 27 Signed a 50,000 Contract with E 28 D, a Dr became insolvent & only 25% could be recovered from him in Cash. Amt Due 5,000 29 Stock Pilferage 2,000, Cash Stolen 1,700 30 Goods taken for personal use CP 1,300 & SP 1,550 30 Interest charged 30 Insurance Co approved 70% of the Claim & issued a cheque

    • Posted by Himanshu Singhania 3 weeks ago

    CBSE > Class 11 > Accountancy
    • 0 answers
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    • Posted by Muskan Raghuwanshi 3 weeks ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Muskan Raghuwanshi 3 weeks ago

    Solution

    1Thank You

    ANSWER

    • Posted by Saloni Maurya 3 weeks, 1 day ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

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