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What is revenue recognisation concept

Posted by Steny S 8 years, 6 months ago

CBSE > Class 11 > Accountancy

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What is voucher

Posted by Tushar Chaudhary 8 years, 6 months ago

CBSE > Class 11 > Accountancy

2 answers

Ankit Singh 8 years, 6 months ago

Evidence of business transaction

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Swati Kandwal 8 years, 6 months ago

Voucher is a source of documents which is an evidence of transaction.

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Briefly explain the limitations of account

Posted by Anshu Yadav 8 years, 6 months ago

CBSE > Class 11 > Accountancy

2 answers

Yogesh Krishania 8 years, 6 months ago

(1) accounting is not fully exact. (2) accounting does not indicate the realisable value. (3) accounting ignores the effect of price level changes.

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Shivam Nigam 8 years, 6 months ago

No record of qualitative information Based on personal judgement Suffer from Window dressing Based on historical cost concept

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What is nature of profit and loss account ? asset liability or what?

Posted by Jenam Kumar 8 years, 6 months ago

CBSE > Class 11 > Accountancy

1 answers

Shivam Nigam 8 years, 6 months ago

Profit and loss is our expenses and it is detected from capital And all the loss are debit And profit cedited

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Advantage of accounts

Posted by Dalchandra Shakya 8 years, 6 months ago

CBSE > Class 11 > Accountancy

2 answers

Swati Kandwal 8 years, 6 months ago

For making decisions related to business For checking financial status of business

1Thank You

Jenam Kumar 8 years, 6 months ago

It helpful to know total worth of business

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Disposal account how to make

Posted by Prachi Bhosle 8 years, 6 months ago

CBSE > Class 11 > Accountancy

0 answers

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Goodwill

Posted by Harsh Verma 8 years, 6 months ago

CBSE > Class 11 > Accountancy

3 answers

Sahil Rawat 8 years, 5 months ago

Purchased a/c. to cash a/c

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Sachin Sheoran 8 years, 6 months ago

Reputation of a person.

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Shruti Singh 8 years, 6 months ago

Reputation

1Thank You

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Rules in rectification of errors

Posted by Yogesh Prajapat 8 years, 6 months ago

CBSE > Class 11 > Accountancy

0 answers

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Meaning of gaap

Posted by Divdrist Singh 8 years, 6 months ago

CBSE > Class 11 > Accountancy

0 answers

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What is accrual concept

Posted by Abhijeet Kumar 8 years, 6 months ago

CBSE > Class 11 > Accountancy

0 answers

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What is liability

Posted by Saniya Singh 8 years, 6 months ago

CBSE > Class 11 > Accountancy

0 answers

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Chapter 14

Posted by Samraat Vinay Singh 8 years, 6 months ago

CBSE > Class 11 > Accountancy

0 answers

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What is meant by accomulated depreciation

Posted by Md Riyaz 8 years, 6 months ago

CBSE > Class 11 > Accountancy

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Sold goods for Ram rs. 40000 at a trade discount 10 percent and cash discount 2 percent. Ram paid 1/4 amount in cash. Write its journal entry.

Posted by Priyamsh Soni 8 years, 6 months ago

CBSE > Class 11 > Accountancy

3 answers

Lavisha Bhati 8 years, 6 months ago

40000×10/100=36000{td} 36000×2/100=35280{cd}

0Thank You

Lavisha Bhati 8 years, 6 months ago

Cash a/c Dr. Ram. Dr. Dis.a/c. Dr. To sales a/c

0Thank You

Hi Hi 8 years, 6 months ago

Ram. Dr. Dis. Dr Dis. Dr To sale

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Rajput limited purchase machine on 1 Jan 2007 of rs100000 and on1 Oct 2001 another machine was purchased costing Rs 400000 on 1 July 2001 additional machine was purchased costing rs 200000 on1st July 2003 half of machinery was sold purchased on1st October 2001 for rs 12000 Prepare machine account is charged at10 per cent per annum Of fixed year ending

Posted by Monika Monika 8 years, 6 months ago

CBSE > Class 11 > Accountancy

0 answers

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Rajput limited purchase machine

Posted by Monika Monika 8 years, 6 months ago

CBSE > Class 11 > Accountancy

0 answers

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Buy Motorcycle for personal use Rs.5000 what is its accounting equation

Posted by Vinay Yadav 8 years, 6 months ago

CBSE > Class 11 > Accountancy

1 answers

Abhinav Pandey 1 year, 6 months ago

Drawing a/c dr 5000 To cash a/c 5000

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why we record when o

Posted by Lakhan Patidar 8 years, 6 months ago

CBSE > Class 11 > Accountancy

0 answers

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X, who kepps His Book on single entry System, tells you that His capital on 31 March 2017 is 18700 and His capital on 1 April 2016 was 19200 . He further informs you that during the year He withdrew for His household purposes 8420 .he once Sold His Investment of 2000 at 2 percent premium and brought that money into the bussiness. You are required to prepare a Statement of Profit and loss.

Posted by Suraj Yadav 8 years, 6 months ago

CBSE > Class 11 > Accountancy

1 answers

Suraj Yadav 8 years, 6 months ago

I dont know

0Thank You

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What is transactions

Posted by Priyamsh Soni 8 years, 6 months ago

CBSE > Class 11 > Accountancy

0 answers

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What is trial bslance

Posted by Kanchan Yadav 8 years, 6 months ago

CBSE > Class 11 > Accountancy

1 answers

Yogesh Krishania 8 years, 6 months ago

trial balance is a statement prepared to show separately the debit and credit balance

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Asset (liability+ ??)

Posted by Aadarsh Dubey 8 years, 6 months ago

CBSE > Class 11 > Accountancy

2 answers

Abhishek Yadav 8 years, 6 months ago

Assets invest by businessman in a firm

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Suraj Yadav 8 years, 6 months ago

Capital

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Meaning of provision and reserve

Posted by Tilak Gupta 8 years, 6 months ago

CBSE > Class 11 > Accountancy

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Define capital

Posted by Deepanshu Rajora 8 years, 6 months ago

CBSE > Class 11 > Accountancy

1 answers

Prachi Singh 8 years, 6 months ago

It refers to sum invested by the proprietor in a business it may be in cash or asset

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What is accounting cycle

Posted by Amit Plathia 8 years, 6 months ago

CBSE > Class 11 > Accountancy

0 answers

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Fill in the blank. Q.Accounting is a language of ..............................

Posted by Amrjt Chakma Chakma 8 years, 6 months ago

CBSE > Class 11 > Accountancy

0 answers

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Piano are partners sharing profit and losses to ratio 3 hour and SR admitted and profit sharing ratio becomes 3 ratio 4 ratio 3 ratio to Goodwill is valued at sea legs are bring require goodwill and 2 lakh cash for capital as bring in 1 lakh cash and motor vehicle for 80000 as his capital in addition to the required amount of goodwill in cash show the necessary general

Posted by Kashvi Mittal 8 years, 6 months ago

CBSE > Class 11 > Accountancy

0 answers

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When is our full syllabus exam

Posted by Shivam Bhardwaj 8 years, 6 months ago

CBSE > Class 11 > Accountancy

1 answers

Swati Kandwal 8 years, 6 months ago

Last term

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Brought goods from kamal for Rs 20000 at a trade discont of 10% and cash discont of 2% paid 60% immediately? prepair a journal entry

Posted by Mustaqeem Saifi 8 years, 6 months ago

CBSE > Class 11 > Accountancy

1 answers

Khushi Jugani 8 years, 6 months ago

purchase a/c dr. 18000 To cash a/c 10584 To discount recieved a/c 216 To kamal 7200

6Thank You

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Why cash book does not have a credit balance?

Posted by Khushi Jugani 8 years, 6 months ago

CBSE > Class 11 > Accountancy

1 answers

Vaishnavi Lavinia 8 years, 6 months ago

Because it is a cash book it only shows the cash balance not credit balance

0Thank You

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