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Sachin Puruseth 6 years, 9 months ago

Reserve means set aside from profit. It made for doubtful bad debt or uncertain feature losses.

ANSWER

Why accounting is important??

Posted by Aniket Sharma 6 years, 9 months ago

CBSE > Class 11 > Accountancy

3 answers

D J 6 years, 9 months ago

It is not possible for each person remember the daily sales etc so accounting help.....

Aniket Sharma 6 years, 9 months ago

But how

Saurav Mahar 6 years, 9 months ago

Because in our daily life accounting is help us

ANSWER

Why we used to write profit and loss account instead of profit or loss account???? Even end product is either profit or loss.

Posted by Preeti Dangwal 6 years, 9 months ago

CBSE > Class 11 > Accountancy

1 answers

D J 6 years, 9 months ago

Because P&L A/c also shows expenses ND gains so....

ANSWER

What is general reserve??

Posted by Mini Sharma 6 years, 9 months ago

CBSE > Class 11 > Accountancy

3 answers

Aniket Sharma 6 years, 9 months ago

Yes u can

Aniket Sharma 6 years, 9 months ago

General reserve are those reserve which are created out of profit to meet out the unforseen contigencies. These reserves are also called '' free reserves '' or Contingency reserves.

Preeti Dangwal 6 years, 9 months ago

May i answer?

ANSWER

Important theory topic of Accountof class 11th

Posted by Krishna Chaudhary 6 years, 9 months ago

CBSE > Class 11 > Accountancy

2 answers

Tannu Singh 6 years, 9 months ago

IFRS, accounting principles, conventions, objective and limitation of accounting, etc...?

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

Chapter 1,2,3 & source documents

3Thank You

ANSWER

what is mean by non-cash vochers?

Posted by Adarsh Pandey 6 years, 9 months ago

CBSE > Class 11 > Accountancy

1 answers

Tannu Singh 6 years, 9 months ago

Non - cash vouchers are the documentary evidence of non-cash transactions. Examples ofnon-cash vouchers are: Goods sold on Credit; etc.

ANSWER

What is matching principal concept?

Posted by Anrudh Garg 6 years, 9 months ago

CBSE > Class 11 > Accountancy

1 answers

Yaser Siddiquee 6 years, 9 months ago

The matching concept is an accounting practice whereby firms recognize revenues and their related expenses in the same accounting period. Firms report "revenues," that is, along with the "expenses" that brought them. The purpose of the matching concept is to avoid misstating earnings for a period.

ANSWER

Rectification of errors practicle

Posted by Sania Masarrat 6 years, 9 months ago

CBSE > Class 11 > Accountancy

1 answers

Sachin Pandit 6 years, 9 months ago

If you give me your phone number I'll watsaap you solutions for the whole book

thousand eleven on January 1st 2011 winner transport company 50 500000 rupees 2 to 20000 is depreciation has been provide @ 10% mm p.m. I'm using slm method admitted in provision for depreciation account on 1st January 2012 one truck was sold for rs 15,000 on 1st July 2013 another truck was sold rupee to 18000 a new truck cost rupees 30000 was purchased on 1st October 2013 you are required to prepare truck account provision for depreciation account and truck disposable account for the year ended on December December 2011 12 and 13 assuming that the funk close it account in December every year in solution

ANSWER

Posted by Gaurav Singh 6 years, 9 months ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Why there is need to make statement of affairs

Posted by Yash Bhadouria 6 years, 9 months ago

CBSE > Class 11 > Accountancy

1 answers

Ishs Singh 6 years, 9 months ago

In single entry system , preparation of statement of affairs is necessary to ascertain closing capital and opening capital

ANSWER

Name two accounting softwares

Posted by Manya Singhal 6 years, 9 months ago

CBSE > Class 11 > Accountancy

3 answers

Ishs Singh 6 years, 9 months ago

Three accounting softwares are 1. Tally 2. Busy 3. Ex

Krishna Chaudhary 6 years, 9 months ago

Or Customised software

Jahnvi Nirala 6 years, 9 months ago

1 ready-made software 2 tailor - made software

ANSWER

Brs Bank balance as per pass book

Posted by Pritam Anand 6 years, 9 months ago

CBSE > Class 11 > Accountancy

4 answers

Ishs Singh 6 years, 9 months ago

Passbook shows credit balance and cashbook shows debit balance that is favourable balance which comes in plus items

Khushii Verma 6 years, 9 months ago

Plus hoga agar overdraft hota to minus mein hota

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

Plus item

D J 6 years, 9 months ago

Minus

ANSWER

Where do bad debts go in double column cash book

Posted by Yeet 0 6 years, 9 months ago

CBSE > Class 11 > Accountancy

3 answers

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

entry of bed debts = ( Bad debts A/c dr To Debtors A/c ) as cash is not involved therefore it will not be recorded in cash book.

Yash Bhadouria 6 years, 9 months ago

Credit side

Kanishka Raturi 6 years, 9 months ago

In credit side

ANSWER

Paid telephone bill by cheque including CGST and SGST @6percent each

Posted by Sadhna Pal 6 years, 10 months ago

CBSE > Class 11 > Accountancy

1 answers

Yash Bhadouria 6 years, 9 months ago

Telephone bill a/c Dr. Input cgst a/c Dr. Input sgst a/c Dr To bank a/c

ANSWER

Transection that dont came in cash book

Posted by Munira Nath 6 years, 10 months ago

CBSE > Class 11 > Accountancy

1 answers

Sakshi Sharma??️??️ 6 years, 10 months ago

Which are not related to cash

3Thank You

ANSWER

What is journal proper ??

Posted by Md.Badrul Haque 6 years, 10 months ago

CBSE > Class 11 > Accountancy

2 answers

Yaser Siddiquee 6 years, 9 months ago

Journal proper is book of original entry (simple journal) in which miscellaneous credit transactions which do not fit in any other books are recorded. It is also called miscellaneous journal. The form and procedure for maintaining this journal is the same that of simple journal.

D J 6 years, 10 months ago

U get from any book of accountancy ?

ANSWER

What is computer system?

Posted by Kailash Shriwas 6 years, 10 months ago

CBSE > Class 11 > Accountancy

1 answers

Yaser Siddiquee 6 years, 9 months ago

A computer is a device that can be instructed to carry out sequences of arithmetic or logical operations automatically via computer programming. Modern computers have the ability to follow generalized sets of operations, called programs. These programs enable computers to perform an extremely wide range of tasks.

ANSWER

what do you meant by accounting

Posted by Keshav Kumar 6 years, 10 months ago

CBSE > Class 11 > Accountancy

1 answers

Bokaro Gamers 6 years, 10 months ago

Accounting or accountancy is the measurement, processing, and communication of financial information about economic entities such as businesses and corporations. The modern field was established by the Italian mathematician Luca Pacioli in 1494.

ANSWER

Cheque recieved endorced in full settlement. Double colum cash book ?

Posted by Abhishek Soni 6 years, 10 months ago

CBSE > Class 11 > Accountancy

1 answers

Sakshi Sharma??️??️ 6 years, 10 months ago

No entry in cash book

ANSWER

what is error of commission

Posted by Ankit Saw 6 years, 10 months ago

CBSE > Class 11 > Accountancy

1 answers

Abhishek Soni 6 years, 10 months ago

Error of commission is the mistake that consists of doing something wrong such as including or wrong about or including an amount in the wrong place

ANSWER

The function of preparing trial balance are indespinsable give reason to your answer

Posted by Raghav Arora 6 years, 10 months ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

What is as

Posted by Faizan Ansari 6 years, 10 months ago

CBSE > Class 11 > Accountancy

1 answers

Yaser Siddiquee 6 years, 9 months ago

It's chronic, which means it lasts a long time. But treatments can help lessen ..

ANSWER

What is the meaning of accounting standards

Posted by Parampreet Singh 6 years, 10 months ago

CBSE > Class 11 > Accountancy

1 answers

Dheeraj Singh 6 years, 10 months ago

Accounting standerds are those standers or norms in which accounts are maintained

5Thank You

ANSWER

what is invest received

Posted by Sunita Garg 5 years, 8 months ago

CBSE > Class 11 > Accountancy

1 answers

Yaser Siddiquee 6 years, 9 months ago

Investment income is that which comes from interest payments, dividends, capital gains collected upon the sale of a security or other assets, and any other profit made through an investment vehicle of any kind.