No products in the cart.

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

Ask Question

    • Posted by Adsrsh Behera 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Khushi Pandita 7 years, 4 months ago

    12000÷120000×100=10%

    0Thank You

    Sakshi Sharma ??️??️??️ 7 years, 4 months ago

    10 %

    3Thank You

    ANSWER

    • Posted by Sakshi Sharma ??️??️??️ 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Sakshi Sharma ??️??️??️ 7 years, 4 months ago

    Please give the answer

    0Thank You

    ANSWER

    • Posted by Sanjay Sanju 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Ritik Shrivastav 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Sakshi Sharma ??️??️??️ 7 years, 4 months ago

    * IN BOOKS OF X JUNE 15 Y. Dr.15,000 To sales A/c. 15,000 JUNE 15 B/R. (i). Dr 10,000 To Y. 10,000 JUNE 15 B/R (ii). Dr 5,000 To Y. 5,000 JUNE 15 Bank A/c. Dr 9,900 Discounting charges A/c Dr 100 To B/R. (ii). 10,000 JUNE 15 Z. Dr 5,000 To B/R. 5,000 * IN BOOKS OF Y JUNE 15 Purchases A/c. Dr.15,000 To X. 15,000 JUNE 15 X. Dr 10,000 To B/P (i). 10,000 JUNE 15 X. Dr 5,000 To B/P (ii). 5,000 AUG. 18 B/ P. (i) Dr. 10,000 To Bank A/c. 10,000 SEP.18 B/ P. (ii) Dr.5,000 To Bank A/c. 5,000

    2Thank You

    ANSWER

    • Posted by Piyush Roy 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Nitish Kunar 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Nitish Kunar 7 years, 4 months ago

    if is formed then why is maintained in one year

    2Thank You

    ANSWER

    • Posted by Zerrel Rock 5 years, 11 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Vaibhaw Jaiswal 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Jatin Rathore 7 years, 4 months ago

    1.To determine the financial position of the company and 2.To determine the correct profit and loss account

    1Thank You

    Kiran Jot Toor 7 years, 4 months ago

    1.To determines the correct profit and loss 2. To determine the financial position of a firm

    5Thank You

    ANSWER

    • Posted by Harshit Pandey 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Vershit Chaudhary 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Vershit Chaudhary 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Vershit Chaudhary 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Vershit Chaudhary 7 years, 4 months ago

    Question no. 16 following balance appear in the box of x Ltd.

    0Thank You

    ANSWER

    • Posted by Vershit Chaudhary 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Khan Mehtab 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 4 answers

    Gaurav Seth 5 years, 3 months ago

    Following are the transactions for the period April 20×1 to March 20×2 in the books of Michael Traders 1-Apr Michael started business with cash 600,000, cash at Bank of America 700,000, furniture 200,000. 1-Apr Purchased Plant & Machinery worth 250,000 by cheque. 25-Apr Purchased goods from ABC Ltd worth 800,000 @10% trade discount. 5-May Cash Sales 1,000,000 @5% trade discount to XYZ Traders 15-May Deposited cash with Bank of America 500,000. 5-Jun Paid ABC Ltd 300,000 in cash. 10-Jun Received commission 75,000 by cheque. 25-Jun Cash Purchases 250,000. 5-Jul Sold goods to XYZ Traders 475,000. 15-Jul Received 275,000 by cheque from XYZ Traders. 5-Aug Loan taken from Bank of America 200,000 25-Aug Purchased goods from ABC Ltd 50,000. 27-Aug Withdrew cash from bank 10,000. 5-Sep Received commission 55,000 in cash. 10-Sep Paid ABC Ltd 70,000 by cheque. 20-Sep Received 90,000 in cash from XYZ Traders. 1-Oct Bank loan repaid 50,000. 25-Oct Cash Purchases 25,000. 5-Nov Sold goods to XYZ Traders 47,000. 15-Nov Withdrew cash from bank 15,000. 5-Dec Received interest from bank 5,000. 25-Dec Purchased goods from ABC Ltd 75,000. 5-Jan Cash Sales 100,000. 15-Jan Deposited cash with Bank of America 35,000. 25-Feb Cash Purchases 450,000. 28-Feb Office was taken on rent in the month of Feb. Office rent paid in cash 50,000. 28-Feb Employees were hired in the month of Feb. Paid salary by cheque 30,000 & cash 30,000 for the month of Feb 20×2. 5-Mar Sold goods to XYZ Traders 675,000. 31-Mar Paid office rent by cheque 50,000. 31-Mar Paid salary in cash 30,000 for the month of March 20×2.

    21Thank You

    Rohit Kumar 6 years, 1 month ago

    journal

    22Thank You

    Rohit Kumar 6 years, 1 month ago

    hi

    8Thank You

    Pãñkaj Nema 2 years, 11 months ago

    30 journal entery with ledger and trial balabce

    36Thank You

    ANSWER

    • Posted by Pragati Thakur 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Namrata Kulkarni 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Chanderhas Bhatt 7 years, 4 months ago

    Accountancy question paper

    0Thank You

    ANSWER

    • Posted by Divyam Bansal 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Sakshi Sharma ??️??️??️ 7 years, 4 months ago

    The accrual concept in accounting means that expenses and revenues are recorded in the period they occur, whether or not cash is involved. The benefit of the accrual approach is that financial statements reflect all the expenses associated with the reported revenues for an accounting period.

    3Thank You

    ANSWER

    • Posted by Lovely Dhawan 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Khushi Jain 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Vandana Aggarwal 7 years, 4 months ago

    Depreciation is the normal wear and tear of tangible fixed assets like plant and machinery etc. Amortization is the reduction in the value of intangible assets like goodwill, patents etc. Depletion is the reduction or exhaution of owned natural resources like coal mines etc.

    1Thank You

    ANSWER

    • Posted by Saptam Singh 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Sakshi Sharma ??️??️??️ 7 years, 4 months ago

    1) No cascading of taxes 2) Reduced compliance cost 3) Seamless flow of credit 4) Less wastage of time and effort to comply 5) Few number of taxes 6) Transparent and corruption free 7) Supportive to compete at Domestic and International Market 8) Buoyancy in tax collection both for Central and State/UT 9) Tax impact on inflation should be minimal.

    0Thank You

    ANSWER

    • Posted by Saptam Singh 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Sakshi Sharma ??️??️??️ 7 years, 4 months ago

    i. Elimination of multiple taxes ii. Elimination of cascading effect iii. It will re-distribute the burden of taxation equitably between manufacturing and services. iv. Speeds up economic union of India. v. Better compliance and revenue buoyancy. vi. Tax incidence for consumers may fall. vii. Lower transaction cost for final consumers. viii. It acquires a very simple and transparent character. ix. Uniformity in tax regime. x. Efficiency in tax administration.

    0Thank You

    ANSWER

    • Posted by Khushi Pandita 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Khushi Pandita 7 years, 4 months ago

    Why arethey called as unintentional mistakes

    0Thank You

    Khushi Jain 7 years, 4 months ago

    the procedure followed to rectify the errors committed and to set right accounting records is called rectification of error

    1Thank You

    ANSWER

    • Posted by Pratham Parashar 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Prem Kumar 7 years, 4 months ago

    Bri if general Purchase a/c dr. To creditor

    0Thank You

    ANSWER

    • Posted by Shashi Pathak 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Vandana Aggarwal 7 years, 4 months ago

    Goods given as free samples Goods given for charity Goods used for personal use Goods destroyed by fire or any natural calamity or loss of goods due to theft Purchase returns. If any of the first of four items is given in adjustments then deduct the amount from purchases in Trading A/c and show the second effect on the dr side of profit and loss a/c as advertisement expenses or charity or loss due to fire or theft....for goods used for personal use first treatment will be same and for second it will be deducted from capital as drawings in balance sheet. Purchases returns given in trial balance are deducted from purchases in Trading A/c to get net purchases.

    1Thank You

    ANSWER

    • Posted by Kiran Yadav 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Kiran Yadav 7 years, 4 months ago

    Sir ,mam please give me a response

    0Thank You

    Kiran Yadav 7 years, 4 months ago

    Help for this topic of introduction

    1Thank You

    ANSWER

    • Posted by Rohit Roy 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Lovely Dhawan 7 years, 4 months ago

    Bro accounting is the art of recording,classfying and summarising the resuls of the business transactions to the user for correct decision making

    1Thank You

    Shashi Pathak 7 years, 4 months ago

    Accounting is rhe method to record all trade transaction related to the company's business.

    0Thank You

    ANSWER

    • Posted by Temant Dhruw 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Shashi Pathak 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 6 answers

    Vandana Aggarwal 7 years, 4 months ago

    Since its just repair of building and not a substantial increase to the building so we can't Dr building a/c we'll take it as revenue expense so repairs a/c will be debited

    0Thank You

    Sakshi Sharma ??️??️??️ 7 years, 4 months ago

    REPAIRS A/c. Dr TO CASH/BANK A/c

    1Thank You

    Lovely Dhawan 7 years, 4 months ago

    Buildinga/c ...dr. To cash a/c. Hope its ryt

    1Thank You

    Vandana Aggarwal 7 years, 4 months ago

    Repairs A/c     Dr.

          To  Cash A/c

    2Thank You

    Shashi Pathak 7 years, 4 months ago

    No its not write answer for given transaction

    0Thank You

    Aman Singh 7 years, 4 months ago

    Expence A/c D.r To cash

    3Thank You

    ANSWER

    • Posted by Garima Vats 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Vandana Aggarwal 7 years, 4 months ago

    Please mention your query cleary as I don't have the said book.

    0Thank You

    Garima Vats 7 years, 4 months ago

    ..

    3Thank You

    ANSWER

    • Posted by Jothi Jain 7 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Shashi Pathak 7 years, 4 months ago

    Add. Because bank overdraft is our liability and int. on bank overdraft rise our liability so we add this in bank o/d on liability side of B/S. Bank O/D. xxxx (add) int.on bank O/D. xx ...........xxxxxx

    1Thank You

    ANSWER

    myCBSEguide App

    myCBSEguide

    Trusted by 1 Crore+ Students

    Install Now

    Test Generator

    Test Generator

    Create papers online. It's FREE.

    Try Now

    CUET Mock Tests

    CUET Mock Tests

    75,000+ questions to practice only on myCBSEguide app

    Install Now
    Google Play

    Download myCBSEguide App

    All Courses

    Other Websites

    CBSE Courses

    Resources

    Corporate

    NCERT Solutions

    CBSE Sample Papers

    All Content and Intellectual Property is under Copyright Protection | myCBSEguide.com ©2007-2026