CBSE > Class 11 > Accountancy | CBSE Board | Homework Help | myCBSEguide

No products in the cart.

Ask questions which are clear, concise and easy to understand.

Ask Question

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

Posted by Uditya Jha 1 day, 4 hours ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Journal entries of Q 18. Ch 3

Posted by Harini Brahmbhatt 2 days, 15 hours ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

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

Posted by Mohit Arora 6 days, 1 hour ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

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

Posted by Anshul Verma 1 week, 4 days ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Difference between expenses and expenditure

Posted by Rehaan Nanda 3 weeks ago

CBSE > Class 11 > Accountancy

1 answers

Ashish Prajapati 5 days, 15 hours ago

Expenses refer to the cost of goods or services that are used up in the process of generating revenue. Expenditure refers to the outflow of cash or other assets in order to make a purchase. Expenses are classified

ANSWER

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

Posted by Ankita Chauhan Ankita Chauhan 3 weeks, 5 days ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

sum

Posted by Arifa Meharun 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

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7,50,000 Bank Balance Furniture Stock 6,50,000 Creditors 3,50,000 Debtors 2.50,000 3,00.005 During the your, he had withdrawn ₹5,00,000 for his personal use and as additional capital.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)

Posted by Tanishka Thakur 1 month, 1 week ago

CBSE > Class 11 > Accountancy

1 answers

Ad Raj 1 month ago

500

ANSWER

Define provision

Posted by Sneha Gupta 1 month, 1 week ago

CBSE > Class 11 > Accountancy

1 answers

Mutri Kadila 1 month, 1 week ago

Provision is a charge against profit that created to meet future possible losses like bad debts.

ANSWER

Which method is best

Posted by Piyush Sama 1 month, 2 weeks ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Roshni Kundu 1 month, 2 weeks ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

What is n8n current assets

Posted by Shivi Tiwari 1 month, 3 weeks ago

CBSE > Class 11 > Accountancy

1 answers

Priyanshu Singh 1 month, 2 weeks ago

That's goods which doesn't use for long time in business is know as non current assets.

ANSWER

the following is the trial balance of Zoya steel limited on 31st March 2018 as required to prepare accounting profit and loss account balance sheet as on that date after considering the following adjustment

Posted by Satyajeet Phakhira 1 month, 3 weeks ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Cheque for 8400 sent for collection have not been cleared by the bank

Posted by Lincy Soni 1 month, 4 weeks ago

CBSE > Class 11 > Accountancy

1 answers

Jayant Jain 1 month, 4 weeks ago

-8490

ANSWER

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Sonam Rai 1 month, 4 weeks ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

How to give commission before net profit of 20%

Posted by Puneet Pathak 1 month, 4 weeks ago

CBSE > Class 11 > Accountancy

2 answers

Priya Sharma 1 month, 3 weeks ago

XX % of commission / 100 +rate of commission

Akashi Baruah 1 month, 4 weeks ago

net profit before commision×20/100

ANSWER

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Mohammad Asim 1 month, 4 weeks ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Aaditya Goel 1 month, 4 weeks ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Ram Purchased computer on 01.04.2010 for 6, 00,000. They are charging depreciation on written down value method. On 31.3.2011, they sold the computer for 1, 65,000 and incurred a loss of 75,000. What was the rate of depreciation p.a.?

Posted by Ayisha Jia 2 months ago

CBSE > Class 11 > Accountancy

2 answers

Priyanshu Singh 1 month, 2 weeks ago

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Kartik Gupta 2 months ago

10 percent

ANSWER

In which acc premises go

Posted by Nidhi Khatwani 2 months ago

CBSE > Class 11 > Accountancy

2 answers

Priya Sharma 1 month, 3 weeks ago

Premises or property where the business has gone is property or plants and equipment and in final account asset side of balance sheet

Antima Agarwal 1 month, 4 weeks ago

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

ANSWER

34 The following is the Trial Balance of Zoya Steels Ltd. as on 31 March 2018. 6 Name of Accounts Debit (Rs) Credit (Rs) Cash in Hand 1,080 Cash at Bank 5.260 Purchases and Sales 81,350 1,97,560 Return Inwards and Outwards 1.360 1.000 Wages 20,960 Fuel and Power 9,460 Carriage on Sales 13,400 Carriage on purchases 4,080 Opening Inventory 11,520 Building 60,000 Freehold Land 20.000 Machinery 36.000 Salaries. 33,000 Patents 12,000 General Expenses 6,000 Insurance 1.200 Capital Drawings Sundry Debtors and Creditors Total 1,42.000 10,490 29,000 15,600 3,56,160 3,56,160 You are required to prepare Trading Account, Profit& Loss Account and Balance Sheet as on that date after considering the following adjustments- 1. Inventory at the end was 13,600, 2. Insurance includes a premium of 170 for the next year. 3. Wages include a sum of 4,000 spent on the erection of cycle shed for employees. 4 A provision for bad and doubtful debts is to created on debtors @5% on sundry debtor. 5. Manager is to be given a commission of 10% on Net Profits before charging such commission.

Posted by Anurag Kashyap 2 months ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

60 transactions with their journal entries, ledger, trial balance to prepare a project

Posted by Priyans Pal 2 months ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Comprehensive project without gst

Posted by Smit Ahir 2 months ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Syllabus annual examination

Posted by Parvez Rana 2 months ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Anshul Rawat 2 months ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

A company purchased a machine for ₹500000 including boilerA Company purchased a machine for ` 5,00,000 (including a boiler worth ` 1,00,000) The company provides depreciation @ 10% as per straight line method. After four years the boiler becomes useless and it was discarded for ` 20,000.Prepare machine A/c for four years.

Posted by Kanan Preet 2 months ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Honoured our own acceptance by cheque journal entry

Posted by Khushi Dawan 2 months ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Kamat had purchased a machine for 100000plus IGST @12 % on 1st oct 2018. Another machine was purchased for 60000 plus IGST @ 12% on 1st april 2020 . depreciation is charged.....

Posted by Satla Pravalika 2 months, 1 week ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Prepare comprehensive project of any sole proprietorship business with journal entries and their ledgering, preparation of Trial balance, Trading and Profit and Loss Account and Balance Sheet. Expenses, incomes and profit (loss), assets and liabilities are to be depicted using pie chart / bar diagram. You may include simple GST related transactions also.

Posted by Account Deleted 2 months, 1 week ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Anjana started the business of buying and selling of readymade garments for ladies and kids. She 3 made the initial investment of ₹25,00,000. She purchased clothes for ₹10,00,000 on cash and 5,00,000 on credit from Hanuman. She purchased Computer and Printer for ₹80,000. She sold clothes costing 12,00,000 at 20% profit, Half of which was on credit. She returned clothes being defective of ₹50,000. She withdrew cash of ₹10,000 and taken away two pairs of kid cloth for her daughter costing 2000 each. She sold the printer as it was damaged due to negligence of the operator for ₹5,000. From the above information, calculate the following: a) Drawings b) Closing Stock c) Revenue from operations

Posted by Sawan Shah 2 months, 1 week ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Page 1 of 218

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Google Play

Download myCBSEguide App