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

Accounting is the art of recording classifying and summarizing in a significant manner and in terms of money transactions and events which are in part atleast of a financial character and interpreting the results thereof

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A company acquired a machine on October 1, 2012 at a cost 400000 and and spent 10000 on its installation.The company writes off depreciation @ 10% per annum on diminishing balance method.the books are closed on 31st march every year. pass journal entries and show the machinery account for 3 years.

Posted by Shiva Bhogta 8 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

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What is cariage on purchase it carriage inward or outward?

Posted by Mahek Harwani 8 years, 1 month ago

CBSE > Class 11 > Accountancy

3 answers

Keshav Sethiya 8 years, 1 month ago

Carriage inward

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Keshav Sethiya 8 years, 1 month ago

Carriage inword

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Minhal Zaidi 8 years, 1 month ago

Carriage inward go to debit side of trading account Carriage outward go to debit side of profit and loss account

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Where would govt. Grant for development be shown if it is to be transferred to accumulated fund account in NPO

Posted by Lubhanshi Garg 8 years, 1 month ago

CBSE > Class 11 > Accountancy

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State any two advantage of using special journal

Posted by Himanshu Semwal 8 years, 1 month ago

CBSE > Class 11 > Accountancy

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Journal entry Vinay brothers cheque was dishonoured 10000

Posted by Piyush Arya 8 years, 1 month ago

CBSE > Class 11 > Accountancy

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Travelling expenses is direct or indirect expenses

Posted by Siya Kumari 8 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Dushyant Yadav 8 years, 1 month ago

Direct

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What are the limitation of accounting

Posted by Zainab Malik 8 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Riya Lubana 8 years, 1 month ago

1.historical cost: In accounting goods are shown in the value which they are purchased nd not the market value which hinders the valuation of business. 2.Alternative methods prevailed:as u know that there r various metods in doing a single task which hinders comparisons

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Which a/c is not considered while preparing trial balance

Posted by Riya Lubana 8 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

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How to prepare trail balance

Posted by Vishal Mathur 8 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Shalini Sharma 8 years, 1 month ago

observe the following trial balance

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Nikita Kumari 8 years, 1 month ago

You just simply need to put every account on correct side of trial balance (Debit &Credit side ) and if the total of credit side is equal to the total of debit side ,it means that trial balance is CORRECT .

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What is liability?

Posted by Divyam Singh 8 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Bhavya Chhabra 8 years, 1 month ago

Liability refers to the responsibility to be completed by firm , company or any individual. For ex. Creditors to a firm - Paying back to creditors full amount is the liability of the firm.

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What is a trial balance?

Posted by Nishu Nishu 8 years, 1 month ago

CBSE > Class 11 > Accountancy

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How to attempt NPO question

Posted by Kartik Rana 8 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Anshika Mishra 8 years, 1 month ago

Jaise trial balance se trading&p&l a/c banate h waise hi trial balance se income&expenditure a/c bnte h just understand the method of format format smjh lenge so easy ho jyega??

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Accrul concept

Posted by Dixit Singh 8 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

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What is representative personal account?

Posted by Manish Agarwall 8 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

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Purchase old car for personal use journal entry

Posted by Rahul Parmar 8 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Bhanh Pachahra 8 years, 1 month ago

Drawing A/c Dr. To cash A/c

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Karan Mittal 8 years, 1 month ago

Drawing a/c Dr To cash

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Question 23 of ts grewal

Posted by Hunny Harvinder 8 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Nishu Nishu 8 years, 1 month ago

Which chapter ??

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What is passing marks out of 90 in accountancy

Posted by Vishnu Sharma Sharma 8 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Kiran Makate 8 years, 1 month ago

35 marks

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What is computer In accounting

Posted by Nitesh Yadav 8 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Sonali Kumari 8 years, 1 month ago

Computer is a basic factor in accounting For making all transaction very easy it is most important for it. It save our time.

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Q. From incomplete records. Statement of affairs. Mr. A, a trader, keep his books by single entry method. His Financial position on 1st April, 2014 and 31st March, 2015,was as follows : On 01/04/2014 on31-3-2015 Cash in hand ---- 15,000. 16,000 Bank Balance ---- 12,000(Dr.) 18,000(Dr.) Stock in trade----- 40,000. 46,500 Sundry creditors --- 24,000. 36,000

Posted by Abhishek Sinha 8 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Mr. A, a trader, keep his books by single entry method. His Financial position on 1st April, 2014 and 31st March, 2015,was as follows : On 01/04/2014 on31-3-2015 Cash in hand ---- 15,000. 16,000 Bank Balance ---- 12,000(Dr.) 18,000(Dr.) Stock in trade----- 40,000. 46,500 Sundry creditors --- 24,000. 36,000

Posted by Abhishek Sinha 8 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

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Cbse Sample paper question 24 set 3

Posted by Nishu Nishu 8 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Why does the level of water not change when sugar is dissolve in water

Posted by Abhi Rajput 8 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Sonali Kumari 8 years, 1 month ago

First of all I want to tell you something that this is not account question . But for your kind information I am telling . water contain few empty place in it so when sugar gets dissolve in it then there few partical leave in it . And it goes in that place which water is containing .

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