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

It may lead to window dressing Accounting is not fully exact Unrealistic information It ignore the qualitative elements It ignore the effect of price level changes

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Define double entry system

Posted by Shubham Kj 7 years, 8 months ago

CBSE > Class 11 > Accountancy

1 answers

Ashtrix Official 7 years, 8 months ago

The system in which one account is debited and one account is credited correspondingly.

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Sold goods bought from Raman to sohan for 25000

Posted by Rudra Abhishek Singh 7 years, 8 months ago

CBSE > Class 11 > Accountancy

2 answers

Sakshi Sharma ??️??️??️ 8 months, 1 week ago

Sohan A/c Dr. 25000 To Sales A/c 25000

1Thank You

Jyoti Prajapati 7 years, 8 months ago

Sohan's A/C Dr. 25000. To Raman's A/C 25000

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Page no 88 question no. 20 solution

Posted by Ashok Rathod 7 years, 8 months ago

CBSE > Class 11 > Accountancy

0 answers

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Chapter 10 gst solutions

Posted by Surender Surender 7 years, 8 months ago

CBSE > Class 11 > Accountancy

2 answers

Jyoti Prajapati 7 years, 8 months ago

I love this chapter

0Thank You

Nikhil Sharma 7 years, 8 months ago

Which questions

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meaninig of drawings

Posted by Prakash T 7 years, 8 months ago

CBSE > Class 11 > Accountancy

2 answers

Prabhjot Singh 7 years, 8 months ago

Any amount withdrawn by the businessman from the business for his personal use is called drawings. Eg:5000 withdrawn by businessman for his children 's school fees.

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Ashtrix Official 7 years, 8 months ago

The amount of capital or goods having movey value, which is taken out by the proprietor from the bhsiness for his personal use, is known as drawings.

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Sold goods to Arjun of Delhi off list price 20,000 trade discount 10% and cash discount 5% was allowed he paid the amount on the same day and a world that cash discount and also leave the a GST 12%

Posted by Supriya Kumari 7 years, 8 months ago

CBSE > Class 11 > Accountancy

1 answers

Sakshi Sharma ??️??️??️ 7 years, 8 months ago

CASH A/C DR. 17100 DISCOUNT ALLOWED A/C DR.900 TO SALES A/C 18000

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A machinery of Rs. 4000 was sold for Rs. 5200. Depreciation provision to date was Rs. 400; and commission paid to selling agent was Rs. 320 and wages paid to the worker for removing the machine was Rs. 50. What is the journal entry of this question.

Posted by Shruti Singh 7 years, 8 months ago

CBSE > Class 11 > Accountancy

1 answers

Alisha Wadhwa 7 years, 8 months ago

Machinery A/c. Dr. 4430 To sales A/c. 4430

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Journal entry

Posted by Pranjal Kothari 5 years, 11 months ago

CBSE > Class 11 > Accountancy

2 answers

Jatin Jindal 7 years, 8 months ago

Salary a/c. Dr To cash a/c

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Shubham Yadav 7 years, 8 months ago

Paid salary

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What is petty cash book ?

Posted by Yash Thakur 7 years, 8 months ago

CBSE > Class 11 > Accountancy

0 answers

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What is closing capital and opening capital

Posted by Aman Khan 7 years, 8 months ago

CBSE > Class 11 > Accountancy

2 answers

Riya Samant 7 years, 8 months ago

Closing capital means the capital in the ending of the the year and the opening capital is the starting capital of the year....

1Thank You

Drishti Bubber 7 years, 8 months ago

Closing capital is last stage of buisness after in year And opening capital is start capital of business of the year

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How to prepare accounting equations??

Posted by Niraj Gupta 7 years, 8 months ago

CBSE > Class 11 > Accountancy

3 answers

Niraj Gupta 7 years, 8 months ago

Thnq

0Thank You

Riya Samant 7 years, 8 months ago

According to the given transaction in the question.....

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Aman Khan 7 years, 8 months ago

According to the transaction which was given

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How to make journal

Posted by Rashi Bhutani 7 years, 8 months ago

CBSE > Class 11 > Accountancy

3 answers

Riya Samant 7 years, 8 months ago

By the given transaction and by using the golden rules of accountancy

1Thank You

Ritikesh Kumar Singh 7 years, 8 months ago

You should apply golden rule

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Rashi Bhutani 7 years, 8 months ago

Where is my answer?

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ANSWER

Difference between inter state gst and intra state gst

Posted by Shikha Goyal 7 years, 8 months ago

CBSE > Class 11 > Accountancy

1 answers

Sakshi Sharma ??️??️??️ 7 years, 8 months ago

* Inter state GST i.e. IGST is levied on inter-state supply or import (i.e.supply or import outside the state) *Intra-state GST i.e.CGST and SGST is levied on Intra-state supply or import (i.e.supply or import within the state)

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gst 4 question from dk goyal latest 2018 ch gst

Posted by Chaman Maheshwari 7 years, 8 months ago

CBSE > Class 11 > Accountancy

1 answers

Surender Surender 7 years, 8 months ago

Please givesolutions

1Thank You

ANSWER

What is accounting equation

Posted by Surya Kumar 7 years, 8 months ago

CBSE > Class 11 > Accountancy

2 answers

Sakshi Sharma ??️??️??️ 7 years, 8 months ago

An accounting equation is a mathematical expression which shows that the assets and liabilities of a firm are equal i.e. ASSETS = LIABILITIES + CAPITAL

2Thank You

M.Pragathesh 2002 7 years, 8 months ago

Assets = Liabilities+Capital

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Difference btw capital receipt and capital expenditure

Posted by Isha Kapoor 7 years, 8 months ago

CBSE > Class 11 > Accountancy

1 answers

Shruti Singh 7 years, 8 months ago

Capital receipt--Capital receipts refer to those receipts which either create a liability or cause a reduction in the assets. Ex- Disinvestment, loan etc. Capital expenditure--It is a fund or amount spend by company to get, maintain and upgrade their assets. Ex- Machinery, Buildings, Land etc.

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Definition of accounts

Posted by Himanshu Singh 7 years, 8 months ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

D k goel book chapter 9 journal question no.13 solv

Posted by Sheetal Bhatt 7 years, 8 months ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

What is petty cash book? PlZ friends explain it for me.

Posted by Kunal Singh 7 years, 8 months ago

CBSE > Class 11 > Accountancy

1 answers

Avneesh Singh 7 years, 8 months ago

The petty cash book is a formal summarization of petty cash expenditures, sorted by date. In most cases, the petty cash book is an actual ledger book, rather than a computer record. Thus, the book is part of a manual record-keeping system. There are two primary types of entries in the petty cash book, which are a debit to record cash received by the petty cash clerk (usually in a single block of cash at infrequent intervals), and a large number of credits to reflect cash withdrawals from the petty cash fund. These credits can be for such transactions as payments for meals, flowers, office supplies, stamps, and so forth.

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Simple methord of journeral with gst

Posted by Ayush Maheshwari 7 years, 8 months ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Issued a cheque of nath brothers...what will be the entry

Posted by Chirag Bansal 7 years, 8 months ago

CBSE > Class 11 > Accountancy

2 answers

Riya Samant 7 years, 8 months ago

Bank A/c Dr. To nath brother

1Thank You

Anuj Singh 7 years, 8 months ago

Bank account debit To nath brothers account

2Thank You

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Out of total cheques amounting to 16000 deposited, cheques amounting to 9000 were credited I'm June 2014, cheques amounting to 3000 were credited in July 2014 and the rest have not been collected so far

Posted by Diya Jain 7 years, 8 months ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

What is journal entry of 1. Interest on drawings 2. Income tax paid

Posted by H J 7 years, 8 months ago

CBSE > Class 11 > Accountancy

3 answers

Sakshi Sharma ??️??️??️ 7 years, 8 months ago

1) DRAWINGS A/C. DR. TO INTEREST ON DRAWINGS A/C 2) DRAWINGS A/C. DR. TO CASH A/C

2Thank You

Shashi Ramachandran 7 years, 8 months ago

Capital A/c Dr.

To Interest on Drawing

Drawing A/c Dr.

To Cash A/c

3Thank You

Shashi Ramachandran 7 years, 8 months ago

Capital A/c Dr.

To Interest on Drawing

3Thank You

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About gst

Posted by Vinod Kumar 7 years, 8 months ago

CBSE > Class 11 > Accountancy

1 answers

Akshat Saxena 7 years, 8 months ago

GST means Goods and Service Tax. It is charged by Government on producers. It was introduced in India because Government was getting taxes only when goods were sold. In GST, Government gets taxes when the goods are produced. It has also helped in decreasing the prices of some goods. GST is of 3 types- CGST, SGST and IGST. That's all I know about GST. Hope my answer helps you. ??

1Thank You

ANSWER

What is interest on capital?

Posted by Shruti Singh 7 years, 8 months ago

CBSE > Class 11 > Accountancy

1 answers

Avneesh Singh 7 years, 8 months ago

Interest will be allowed to each partner on the capital contributed by him. ... Interest on capital is an expense to the firm and is debited to the profit and loss appropriation account. Interest is payable to the partners and hence, the partner's capital account is credited with the amount of interest.

2Thank You

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Characteristic of accounting

Posted by Lalzarmawia Azyu 7 years, 8 months ago

CBSE > Class 11 > Accountancy

0 answers

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PlZz help me. What is the Going Concern Concept.

Posted by Kunal Singh 7 years, 8 months ago

CBSE > Class 11 > Accountancy

2 answers

Kunal Singh 7 years, 8 months ago

Ohh thankyou so much anupriya ji

1Thank You

Anupriya Pandet 7 years, 8 months ago

According to this concept business is said to continue for a Foreseeble future and there is no intention for its closure or to scale down it's Operations significantly.

3Thank You

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