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

Money owed to a company by its customers, as shown in its financial records the amount of debt owed by a company to banks etc, as shown in its balance sheet.

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Where will the bank balance come under profit and loss account or balance sheey

Posted by Swetha Sankar 7 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Keshav Bindal 7 years, 1 month ago

Asset side in balance sheet

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Dolly ?️ 7 years, 1 month ago

Assets side or credit side

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Opening stock 40000 Cash sales 220000 Credit sales 410000 Sales return 30000 Purchase 460,000 Purchase return 5000 Carriage inward 8000 Rate of gross profit om cost 1/3 calculate closing stock

Posted by D H 7 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Pancham Pandey 7 years, 1 month ago

Closing stock. 70666.6. Or simply. 70667

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Gautam Grover 7 years, 1 month ago

53000

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What are the important practicalchapters of

Posted by Harsh Panchal 7 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Sakshi Sharma??️??️ 7 years, 1 month ago

Financial statements , Financial statements with adjustment , Bills of exchange , Bank reconciliation statement

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ANSWER

What is a voucher

Posted by Divy Saraf 7 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Yogeshwaran A 7 years, 1 month ago

Voucher is an evident of business transaction example of vouchers are cash memo invoice or well recipe debit or credit notes,etc. It is important to have all the business firm

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Where we will put Entry of octroi duty in trading profit and loss account?

Posted by Karan Samra 7 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Divy Saraf 7 years, 1 month ago

In trading account debit side

2Thank You

Akshit Jain 7 years, 1 month ago

Trading to octroi

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under which accounting concept asset is recorded at cost even if Market price is more or less

Posted by Gurbinder Dhillon 7 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Sakshi Sharma??️??️ 7 years, 1 month ago

Historical cost concept

4Thank You

ANSWER

Received commission of rupees 10000 + cgst sgst 6% each by cheque half of the amount is in advance

Posted by Anmol Yadav 7 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Akshit Jain 7 years, 1 month ago

CASH A/C DR. 10000 IN CGST DR. 600 IN SGST DR. 600 TO COMM. 5600 TO COM. IN ADV. 5600

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Distinguish betweem manual accounting and computerised accounting?

Posted by Piyush Bhatnagar 7 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Yogeshwaran A 7 years, 1 month ago

Manual accounting process is a written document while the computerised accounting process is yeah computerised document it is easy to handle and manage. But one of the disadvantage it leads to data corruption and unadequate control and untrained operators are not able to work on it. Untrained operator or cheap and trained operator or very costly so both the manual and computerised process are useful

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What is the most important theoretical chapter to study for exams

Posted by Aman Verma 7 years, 1 month ago

CBSE > Class 11 > Accountancy

5 answers

Ridhima A 7 years, 1 month ago

Chapter 1,2,basic of computer

1Thank You

Yogeshwaran A 7 years, 1 month ago

Rectification of errors

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Harsh Panchal 7 years, 1 month ago

Computers in accounting.??

1Thank You

Yashika Garg 7 years, 1 month ago

Provisions and reserves

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Sakshi Sharma??️??️ 7 years, 1 month ago

Chapter 1 , 2 , and 3

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meaning and definition of depreciation

Posted by ਮੈੰ ਬੜਾ ਸ਼ਤਾਨ ਜੇ Ibrahimwal 7 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Akshit Jain 7 years, 1 month ago

Depreciation is the allocation of the price of any fixed asset to upcoming years in order to follow matching concept.

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Anand Kumar 7 years, 1 month ago

Depriciation is an fall in value of asset due to time etc

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Plz tell me the most important chapters of accounts from which more marks are come??

Posted by Tapish Gujjar 7 years, 1 month ago

CBSE > Class 11 > Accountancy

3 answers

Yogeshwaran A 7 years, 1 month ago

Depreciation and final accounts are for 8 marks and in theory computers in accounting and rectification of accounting is compulsory 6 marks double and single entry system theory is for 4 mark it is compulsory

1Thank You

Yashika Garg 7 years, 1 month ago

Practical portion of accounts helps in achieving good marks

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Yash Thakur 7 years, 1 month ago

Financial statements part 1 and part 2 And Theory of Chapter 1 & 2

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Solution of ledger

Posted by Asif Khan 7 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Provide depreciation on furniture 500 and on machinary 200

Posted by Utsav Shukla 7 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Yashika Garg 7 years, 1 month ago

Depreciation account will ne debited by rs.700 and furniture a/c will be credited by 500 and machinery account will be credited by 200

1Thank You

Khushi Jain 7 years, 1 month ago

Give proper qus

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What is the treatment of reserve in final acc

Posted by Karan Sharma 7 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Amit Kushwaha 7 years, 1 month ago

Liabilty

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Amit Kushwaha 7 years, 1 month ago

Dr side of profit s loss a/c and balance sheet

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Who is the founder accounts????

Posted by Viswa Nathan 7 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Syed Nabeel Haider 7 years, 1 month ago

Lucus Pacioli

3Thank You

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any two basic requirements required for the use of computers in any database oriented application

Posted by Mayank Singh 7 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Who is debtor

Posted by Harsh Garg 7 years, 1 month ago

CBSE > Class 11 > Accountancy

4 answers

Akshay Raghavan 7 years, 1 month ago

A debtor is a person or entity which buys goods or services from the business on credit and owes the business for the same. It is an asset to the business.

1Thank You

Aarav Tiwari 7 years, 1 month ago

Debtor is person , who buy goods from us on credit & it is asset of business!!

1Thank You

Karan Sharma 7 years, 1 month ago

Debtor is a person from whom we sell our goods in credit and the amount is recoverable from that person it is an asset for the business

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Sachin Yadav 7 years, 1 month ago

A debtor is a person to whom the goods have been sold but the amount is due from them

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The use of computer in any database oriented application has four basic requirements. Briefly discuss them.