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class 11 accounts 20 gst transaction with journal leder trial balance and final account

Posted by Adit Pushpad 1 year, 10 months ago

CBSE > Class 11 > Accountancy

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how is a bank reconcilation stament prepard

Posted by Kajal Raikwsr Kajal Raikwar 1 year, 10 months ago

CBSE > Class 11 > Accountancy

1 answers

Krishna Solanki 1 year, 10 months ago

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Aruna, decided to start business of Fashion garments under the name of M/s Designer Wear from 1st April, 2019. She had savings of Rs 10,00,000. She invested Rs 3,00,000 out of her savings and borrowed equal amount from State Bank of India. She purchased a commercial space of 500 sq. feet for Rs 5,00,000. The space so purchased was suitably renovated to make it ready as showroom. She purchased furniture and fixtures for Rs 75,000. Total amount of bank loan is to be repaid in 20 quarterly instalments beginning 30th June, 2019. Annual rate of interest is 12% p.a. Repayment Schedule of Bank Loan in the

Posted by Atharv Chhabra 1 year ago

CBSE > Class 11 > Accountancy

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30 transactions including gst project

Posted by Babli Gope 1 year, 10 months ago

CBSE > Class 11 > Accountancy

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Interest on drawings goes under which category

Posted by Kk Sharma 1 year, 10 months ago

CBSE > Class 11 > Accountancy

1 answers

Preeti Dabral 1 year, 10 months ago

Interest on drawings will be shown on the credit side of the profit and loss appropriation account. Interest on drawings is the interest charged by the firm on the drawings made by the partners. It is a source of income for the firm and hence, it is to be credited to profit and loss appropriation account.

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Comprehensive project transaction, Journal entries, Ledger, trial balance, trading and profit and loss AC , balance sheet and pie diagram and bar diagram

Posted by Taniya Bhatnagar 1 year, 11 months ago

CBSE > Class 11 > Accountancy

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DK goel ch financial statements with adjustments q 8

Posted by Tanveer Kaur 1 year, 11 months ago

CBSE > Class 11 > Accountancy

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Raman's trial balance as at 31 march 2020 shows the following information Purchases 260000 Sales 340000 Carriage on purchases 10000 Raman took goods costing₹5000 for his personal use for which entry was not recorded in the books of accounts.show the treatment in final accounts

Posted by Kashish Saxena 1 year, 11 months ago

CBSE > Class 11 > Accountancy

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Kamat had purchased a machine for * 1,00,000 plus IGST @ 12% on 1st October. 2018. Another machine was purchased for 60,000 plus IGST @ 12% by cheque on 1st April, 2020. Depreciation is charged @ 10% p.a. by Straight Line Method. Accounts are closed every year on 31st March. You are required to pass necessary Journal entries for the years ended 31st March, 2019, 2020, and 2021, prepare Machinery Account and show Machinery in the Balance Sheet: (i) When Depreciation is credited to the Asset Account; and (ii) When Depreciation is credited to Provision for Depreciation Account. JOIN

Posted by Kajal Shrivastav 1 year, 11 months ago

CBSE > Class 11 > Accountancy

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small scal business 25- 30 transaction including journal book, cash book, ledger accounts, trial balance, trading & P&L accounts and balance sheet.

Posted by Tenzin Dolma 1 year, 11 months ago

CBSE > Class 11 > Accountancy

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60 transaction comprehensive project

Posted by Darshita Sharma 1 year, 11 months ago

CBSE > Class 11 > Accountancy

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Enter the following transaction in the double column cash book with bank column of Shri Daya Ram 1. Cash at office 12000,Bank overdraft 25750

Posted by Sambhav Jain 1 year, 11 months ago

CBSE > Class 11 > Accountancy

1 answers

Preeti Dabral 1 year, 11 months ago

Mr. M starts business with Rs. 20,000 on 1st April 2012. Of this he pays Rs. 15000 into his bank account. His cash transactions during the week were:
April 1 Purchased stationery for cash Rs. 100
April 2 Purchased goods for cash Rs. 2500
April 2 Cash Sales Rs.1500
April 3 Received from J Brown Cash on account Rs. 1000
April 4 Paid to J. R Cash Rs. 2200
April 5 Paid for Advertisement Rs. 400
April 6 Cash Sales Rs. 1800
April 6 Purchased old machinery Rs. 800
April 6 Purchase from sham on credit Rs. 6000

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Need a sample paper of ch financial statement

Posted by Gaurav Rana 1 year, 11 months ago

CBSE > Class 11 > Accountancy

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journalise of following transaction and post them into the laser January 1 started business with cash 200000 January 1 deposited into Bank 100000 January 2 what good for gas 60000

Posted by Ajay Pandey 10 1 year, 11 months ago

CBSE > Class 11 > Accountancy

1 answers

Aryaman Rana 1 year, 11 months ago

Journal entry:- Transactions Dr. Cr. 1.Capital A/c ...Dr. 2×10⁵ To cash A/c 2×10⁵ 2.Bank A/c ...Dr. 1×10⁵ To cash A/c 1×10⁵

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Prepare Accounting Equation from the following information:- (₹) 1. Sandeep started business with Cash 1,00,000 2. Purchased furniture for cash 5,000 3. Purchased goods for cash 20,000 4. Purchased goods on credit 36,000 5. Paid for rent 700 6. Goods costing ₹ 40,000 sold at a profit of 20% for cash

Posted by Ranjan Pathak 1 year, 11 months ago

CBSE > Class 11 > Accountancy

0 answers

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accountancy 30 transactions, journal entries, ledger, trial balance, trading and profit and loss, balance sheets

Posted by Kalidhassan Dhandapani 1 year, 11 months ago

CBSE > Class 11 > Accountancy

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Mr.Simar and Mr.Parth are involved in a partnership business since last 8 years with 4:3 ratio.They decided to add a new partner Ms.Chabya and it is also decided that Mr.Parth and Ms.Chava will continue with the same profit sharing ratio which is existing between Mr.Simar and Mr.Parth.Find the New Ratio after Chapa's admission.

Posted by Kunal Modi 1 year, 11 months ago

CBSE > Class 11 > Accountancy

0 answers

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Project on 50 transaction with journal entry , ledger,trial balance

Posted by Archi Shrivastava 1 year, 9 months ago

CBSE > Class 11 > Accountancy

1 answers

Aaryan Kumawat 1 week, 1 day ago

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A ledger keeper could not agree the trail balance . He transferred an amount of Rs. 1859 being excess of the debit side of the suspense account. The following errors were subsequently discovered: (a)Amount payable to Govind Ram for repairs done to radio Rs. 1,500 and radio supplied for Rs.9,500 were entered in the purchase book as Rs. 10,000. (b)An item of Rs. 5,000 relating to prepaid Insurance Account was omitted to be brought forward from the previous year’s book. (c)A discount of Rs. 581 allowed to a customer has been credited to him as Rs. 562. (d)An amount of Rs. 5,000 due from Rakesh which has been written off as bad debts in the previous year was now recovered and had been posted to the personal account of Rakesh. (e)Goods purchased for Rs. 1,250 have been posted to the debit of the supplier, Vinod & Com. (f)Furniture amounting to Rs. 6,500 purchased on credit from quality Furniture Co. An entry for Rs. 5,600 was

Posted by Aashutosh Maheshwari 1 year, 11 months ago

CBSE > Class 11 > Accountancy