No products in the cart.

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

Ask Question
  • 1 answers

Harsh Jha 7 years, 8 months ago

Earning profit
  • 0 answers
  • 1 answers

Khushi Mishra 7 years, 8 months ago

The excess of revenues of a period over its related expenses durning an accounting year is profit it increase the investment of the owner is called profit and a profit that arise from event or transaction which are incidental to business such as sale of fixed assets ,minning a court case ,appreciation in the value of an asset is called gain
7
  • 1 answers

Charis Thomas 7 years, 8 months ago

How to prepare accounting equation on the following 1.Arshan started business with cash 2,00,000rs 2.purchased goods from Naman for cash 40,000rs 3.sold goods to bhanu (costing Rs10, 000) 12,000rs 4.bought furnitur on credit 7,000rs
  • 0 answers
  • 3 answers

Deeksha Srivastava 7 years, 8 months ago

Liabilities are the obligations to pay

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

Liabilities are the claim against those resources which a business owes to outsiders or creditors.

Krati Prakash 7 years, 8 months ago

Liabilities are the financial obligations of a firmthat the owner have to pay in future
  • 1 answers

Krati Prakash 7 years, 8 months ago

Fictious assets are not real assets that are not mentioned in book of accounts that year
  • 2 answers

Tushar Bakhtani 7 years, 8 months ago

The money invested by owner is called owner capital

Garima Kalra 7 years, 8 months ago

Owner's capital
  • 2 answers

Jiya Shrivastava 7 years, 8 months ago

Somehow its changed

Arpita Ghosh 7 years, 8 months ago

Yes
  • 0 answers
  • 0 answers
  • 1 answers

Apeksha Nagori 5 years, 11 months ago

It will be 

Purchase A/c... Dr

To Bank A/c ... Cr

  • 0 answers
  • 0 answers
  • 1 answers

Nikhil Bansal 5 years, 11 months ago

Kbhjh
  • 0 answers
  • 0 answers
  • 1 answers

Harish Kag Kag 7 years, 8 months ago

A profit that arises from events for a transaction which are in incidental to the business sale of fixed assets meaning of a winning a court case in the value of an asset is called a gain

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App