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Is Bat and Ball is asset of not for profit organizations

Posted by Jyoti Sharma 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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What is BRS and give important quation with solution

Posted by Suman Sharma 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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Give important quation of depreation

Posted by Suman Sharma 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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lculate current assets of a company from the following information: a). Stock turnover : 4 times; b). Stock at the end is Rs. 20,000 more than stock in the beginning; c). Sales Rs. 3,00,000; d). Gross profit ratio 25%; e). Current liabilities Rs. 40,000 f). Quick ratio 0.75.

Posted by Harpreet Singh 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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Mening of trading account in detail

Posted by Uttam Singh 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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Calculate operating profit from the following

Posted by Swati Raj 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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Why life membership fees and endowment fund are shown in liabilities side of balance sheet in NPO?

Posted by Gunjit Wadhwa 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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Bill of exchange

Posted by Naman Pandey 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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suspens account is going on profit and loss account yes or no

Posted by Lakhan Patidar 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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Single entry system

Posted by Akshit Trivedi 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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Priya Singh 8 years, 2 months ago

Single entry system is a system of book keeping in which accounting records are not kept according to double entry principle of book keeping. It is also called Accounts from Incomplete Records. This system differs from firm to firm, as it is a mere adjustment of double entry system according to requirement. Under this system, only personal accounts are maintained. Limitations of single entry system are that it is incomplete and unscientific method. The profit or loss in this system of accounting is ascertained with the help of Statement of Affairs Method or Conversion Method. To ascertain profit, according to the Statement of affairs method, it is necessary to prepare a statement of affairs at the end of the year and also at the beginning of the year, if not already prepared. The difference between the opening capital and closing capital is the profit earned during the year. In case of single entry system, profit is also computed by adding drawings during the year to capital at the end and deducting additional capital and capital at the end from it.

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What is deffered revenue expanditure?

Posted by Shivam Mehra 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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Raghav Sharda 8 years, 4 months ago

It is an expenditure which is revenue in nature and incurred during an accounting period but its benefit to be derived over a number of following accounting period

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Patent rights Rs.2000 givenin trial balnce is written on debit side of P and L acc. But what should be done in final accounts when there is an adjustment that patent rights Are for a period of 5 years from 1st october . The year ends On 31st march of next year

Posted by Ankita Bajaj 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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Where the apprentice premium and business premises transfer

Posted by Akash Yadav 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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Financial statement is of two types ..name them ?

Posted by Magloo Danish 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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Amount withdrawn for drawing

Posted by Sumit Singh 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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Ravi Raj 8 years, 4 months ago

Cash account dr. To drawing account

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amount with drawn for office expenses 1000

Posted by Tina Rathore 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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amount with drawn for office expenses 1000

Posted by Tina Rathore 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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Meaning of accounting

Posted by Karun Pandit 8 years, 4 months ago

CBSE > Class 11 > Accountancy

2 answers

Komal Sharma 8 years, 4 months ago

Accounting is the art of recording, classifying, and summarising in a significant manner and in terms of money: transaction and events which are, in part at least, of a financial character, and interpreting the results thereof.

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Karun Pandit 8 years, 4 months ago

I don't know answer

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Chapter 20 solution of dk goel book of 11 class

Posted by Tamanna Tamanna 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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Apoorv Gawande 6 years, 2 months ago

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Apoorv Gawande 6 years, 2 months ago

bill of exchange is conditional order to pay true or false

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Dk goel book chapter 20 ques solutions

Posted by Tamanna Tamanna 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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When taking as percash book which is kept constant, cashbook or passbook?

Posted by Amrit Khare 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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Ankita Bajaj 8 years, 4 months ago

When balance as per pass book is to be answered....pass book is tobe kept constant and vice versa

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Any 30 transactions , prepare Journals , Ledger , Subsidary books , Cash book (triple column) , Journal proper and Trial balance from those transactions

Posted by Nitin Rao 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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All questions in book

Posted by Sachin Gujjar 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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How to calculate operating profit?

Posted by Poorvi Bhatia 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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Important question theory base on accountancy

Posted by Muskan Sharma 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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Why it's written 10% depreciation for 3 months and@ p.a. is not written then what to do?

Posted by Deepika Garg 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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Financial statement 2

Posted by Aadarsh Agrawal 8 years, 4 months ago

CBSE > Class 11 > Accountancy

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on 1st april 2007 a limited company purchased a machine for 1,90,000 and spent 10,000 on its instalattionat the date of purchase it was estimated that the scrap value of the machine eould be 50,000 at the end of sixth year. give machine account and depriciation account by fixed istalmeant method. the books are closed on 31st march every year. doing by orignal cost method

Posted by Mani Pathak 8 years, 4 months ago

CBSE > Class 11 > Accountancy