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

Debtors comes in balance sheet Or adjustment mein agar bad debt ho to vo debtors mein se minus hoge or agar prov on debtors ya prov on reserve ho vo bhi debtors mein se minus hoga

0Thank You

ANSWER

Cash book Jan1 cash in hand Rs. 2300 and bank overdraft Rs. 12000 Jan 7 cheque received from ram Rs. 4000 Jan 9 Deposited the above cheque into bank

Posted by Dev Raj Verma 6 years, 9 months ago

CBSE > Class 11 > Accountancy

2 answers

Fateh Singh 6 years, 9 months ago

Jan1 Dr.side To.bal bd . In cash column 2300 and in cr.side By bal.bd in bank column 12000 Jan9 in Dr.side in bank column To cheque in hand 4000

1Thank You

D J 6 years, 9 months ago

Journal entry krna h ya bills of exchange???

1Thank You

ANSWER

State any one difference between the two methods of depreciatdepreciation

Posted by Anubav Mishra 6 years, 9 months ago

CBSE > Class 11 > Accountancy

2 answers

Fateh Singh 6 years, 9 months ago

In oringnal value method the value of asset comes zero but in written down value method the value asset will never came zero 2. In SlV method deprication is charged on oringnal cost every year but in WDV method deprication is not charged on oringal cost every year

1Thank You

Sayantika Ganguly 6 years, 9 months ago

Writen down is not fix deprecation in every year But straght line have fixed deprecatatin every year

2Thank You

ANSWER

When assets is increaseing liability decrease (accounting equation)

Posted by Vishakha Kanodia 6 years, 9 months ago

CBSE > Class 11 > Accountancy

3 answers

Fateh Singh 6 years, 9 months ago

When bill dishounred and half amount of bill pay in cash

0Thank You

Atharv Vyas 6 years, 9 months ago

If we purchase goods on credit our creditors will also increase so the above answer is wrong

0Thank You

Fatima Tayyaba 6 years, 9 months ago

When good prchse on credit

1Thank You

ANSWER

Name the software which is developed for used in gerenal

Posted by Suraj Shukla 6 years, 9 months ago

CBSE > Class 11 > Accountancy

1 answers

Shaina Rajput 6 years, 9 months ago

Readymade software

3Thank You

ANSWER

If we purchased machinery from machinery mart what will be it two effects if it is in adjustment

Posted by Atharv Vyas 6 years, 9 months ago

CBSE > Class 11 > Accountancy

2 answers

Vishakha Kanodia 6 years, 9 months ago

Assets and liability both are increase

1Thank You

Shaina Rajput 6 years, 9 months ago

Assets and liabilities both are increases.

2Thank You

ANSWER

In cash book received a cheque from naresh 1000

Posted by Sonu Tyagi 6 years, 9 months ago

CBSE > Class 11 > Accountancy

2 answers

Shaina Rajput 6 years, 9 months ago

It is posted on Dr side bank column of cash book.

1Thank You

D J 6 years, 9 months ago

In dr side of cash book To naresh ND cash m 1000

1Thank You

ANSWER

What is groping and msrdhalling of asset and liabilties? How asset and liabilties are shown in the balance sheet on this basis?

Posted by Sidharth Gupta 6 years, 9 months ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Insurance paid by a firm 1st December 2017 for the year upto 30th November 2018 was rupees 18000 and insurance premium paid on 1st December 2018 for the year upto November 30 2019 was rupee 30000 what amount will be debited to profit and loss account for the year ended 31st March 2019

Posted by Arsalan Khan 6 years, 9 months ago

CBSE > Class 11 > Accountancy

5 answers

Fateh Singh 6 years, 9 months ago

Sorry its total amount 22000

0Thank You

Fateh Singh 6 years, 9 months ago

12000from year2018 april 1st to nov30th and 2018 dec.and 2019jan to march 31st 10000 .hence the total amount Dr.to P/L a/c 12000 for year ended 31st march 2019

1Thank You

Sakshi Sharma??️??️ 6 years, 9 months ago

₹ 22,000

1Thank You

Shaina Rajput 6 years, 9 months ago

Can anyone solve this question???

1Thank You

Shaina Rajput 6 years, 9 months ago

I also confused in this question.

1Thank You

ANSWER

What is Tally

Posted by Ravita Devi 6 years, 9 months ago

CBSE > Class 11 > Accountancy

2 answers

Harsh Panchal 6 years, 9 months ago

Telly is an accounting software.

0Thank You

Harish Sharma 6 years, 9 months ago

Tally is a software of advanced financial accounting

0Thank You

ANSWER

Diffrence between source of document and voucher

Posted by Rishabh Koli 6 years, 9 months ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Which transactions are recorded in journal proper ?

Posted by Sahil Keshi 6 years, 9 months ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Rent paid 1500 General entry

Posted by Devansh Pratap Singh 6 years, 9 months ago

CBSE > Class 11 > Accountancy

1 answers

Shaina Rajput 6 years, 9 months ago

Rent a/c. ...dr 1500 To cash a/c. 1500 Btw It's journal entry not general entry

1Thank You

ANSWER

insurance premium paid by a firm on 1st December 2017 for the year up to 30th November 2018 was rs. 18000 and insurance premium paid on 1st December 2018 for the year upto November 30 2019 was Rs 30,000. what amount will be debited to profit and loss account for the year ended 31st March 2019??

Posted by Shaina Rajput 6 years, 9 months ago

CBSE > Class 11 > Accountancy

1 answers

Ujala Keshari 6 years, 9 months ago

Insurance Premium A/c Dr 10,000 Prepaid insurance A/c Dr 20,000 To cash A/c 30,000

4Thank You

ANSWER

Journalise the following : donation given in a organization working for a children with special needs ₹ 20000

Posted by Shilpa Jagwani 6 years, 9 months ago

CBSE > Class 11 > Accountancy

1 answers

Shaina Rajput 6 years, 9 months ago

Charity /donation a/c ...dr 2000 To purchases a/c. 2000

2Thank You

ANSWER

Feauture of ledger account

Posted by Himanshu Panchal 6 years, 9 months ago

CBSE > Class 11 > Accountancy

1 answers

Yaser Siddiquee 6 years, 9 months ago

Features of the Ledger Account: (i) The ledger account is divided into two sides – the left hand side is known as debit side while the right hand side is known as credit side. The abbreviations ‘Dr.’ and ‘Cr.’ are placed at the top left and right hand corners respectively as a custom. (ii) The name of account is written in the top middle of the account. (iii) J.F. denotes folio or page number on which its journal entry has been passed.

0Thank You

ANSWER

Which type of theory questions asked

Posted by Jasmine Saira 6 years, 9 months ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Rahul the proprietor of M/S RK & Co. purchased an air conditioner and installed it at his residence. The payment was made by issuing a cheque from the account of M/s R.K. & Co. the accountant debited the Drawing Account with the amount where as Rahul is of the view that is should be debited to the fixed Assets . In your view , who is correct and why?

Posted by Kunal Agrawal 6 years, 9 months ago

CBSE > Class 11 > Accountancy

1 answers

Shaina Rajput 6 years, 9 months ago

I think accountant is correct because the AC was installed at his (proprietor) residence . This is for the proprietor's personal use. So it is debited to drawing a/c.?

2Thank You

ANSWER

A drew a bill of $1000 on B

Posted by Rishi Gautam 6 years, 9 months ago

CBSE > Class 11 > Accountancy

1 answers

Kunal Agrawal 6 years, 9 months ago

B accept the bill

2Thank You

ANSWER

Compound journel entry???

Posted by Lavish Chauhan 6 years, 9 months ago

CBSE > Class 11 > Accountancy

2 answers

Kunal Agrawal 6 years, 9 months ago

a compound journal entries includes one or more debits and/or credits than a simple journal entry.

2Thank You

Ram Sham 6 years, 9 months ago

It is that entry in which many debit or many credit ,e.g. opening entry

4Thank You

ANSWER

Chapter19 question number 12 solution

Posted by Mukesh Kumar 6 years, 9 months ago

CBSE > Class 11 > Accountancy

1 answers

Mukesh Kumar 6 years, 9 months ago

With adjustments

0Thank You

ANSWER

Chapter19

Posted by Mukesh Kumar 6 years, 9 months ago

CBSE > Class 11 > Accountancy

2 answers

Kunal Agrawal 6 years, 9 months ago

Rectification of errors

1Thank You

Khushii Verma 6 years, 9 months ago

Which book

0Thank You

ANSWER

What is the golden rule of accountancy

Posted by Abhishek Sharma 6 years, 9 months ago

CBSE > Class 11 > Accountancy

2 answers

Kunal Agrawal 6 years, 9 months ago

The following are the rules of debit and credit which guide the system of accounts, they are known as the Golden Rules of accountancy: First: Debit what comes in, Credit what goes out. Second: Debit all expenses and losses, Credit all incomes and gains. Third: Debit the receiver, Credit the giver.

1Thank You

Raunak Kumar 6 years, 9 months ago

For personal account - debit the reciver , credit the giver For real account - debit what comes in , credit what goes out For nomial account - all expenses and looses are debit , all gain and profit are credit ?

1Thank You

ANSWER

What are tge important topic in chacter 3

Posted by Amjad Khan 6 years, 9 months ago

CBSE > Class 11 > Accountancy

1 answers

Harsh Panchal 6 years, 9 months ago

Accounting assumptions and accounting principles

1Thank You

ANSWER

Why a transaction first record in Journal and ladger?

Posted by Garima Sharma 6 years, 9 months ago

CBSE > Class 11 > Accountancy

2 answers

Kunal Agrawal 6 years, 9 months ago

Becaise they are the process of accounting and are called original book of entry and also by the journal and ledger we can make the next books

1Thank You

Harsh Agrawal????☺☺ 6 years, 9 months ago

Because they're original entry of books and all transactions are recorded on their bais

1Thank You

ANSWER

What is amendant cash book

Posted by Dolly ?️ 6 years, 9 months ago

CBSE > Class 11 > Accountancy

1 answers

Kunal Agrawal 6 years, 9 months ago

It is that cash book which is prepared for making adjustments before the reconciliation of books at the end of year, so that corrected balance (including cash balance) will be shown in the Balance Sheet

1Thank You

ANSWER

How are we use suspense accounts

Posted by Tanishka Verma 6 years, 9 months ago

CBSE > Class 11 > Accountancy

3 answers

Kunal Agrawal 6 years, 9 months ago

A suspense account is a general ledger account in which amounts are temporarily recorded. The suspense account is used because the appropriate general ledger account could not be determined at the time that the transaction was recorded.

1Thank You

Paavak Bansal 6 years, 9 months ago

We use suspense a/c when the debit and credit balance donot match. In this we just post entry of suspense A/c on the side which has a lower balance .for eg if the condition is goods sold to ram for rs. 2000 but mohan's a/c was debited by rs.3000 then its rectified entry will be RAM DR. 2000 SUSPENSE A/C DR. 1000 TO MOHAN. 3000 (Being the sale to Ram for 2000 posted in Mohan's a/c For 3000 now rectified)

0Thank You

Sohail Khan 6 years, 9 months ago

When single side error

0Thank You

ANSWER