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    • Posted by Kaira Singh 5 years ago

    CBSE > Class 11 > Accountancy
    • 0 answers
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    • Posted by Khushi Gupta 5 years ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Ayush Singh 5 years ago

    Salary acc Dr 1000 Ti pankaj. 1000

    1Thank You

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    • Posted by Ratana Bhutra 5 years ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Shivam Sharma 5 years ago

    A

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    • Posted by Hariom Kushwaha 5 years ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Aditya Maheshwari 4 years, 11 months ago

    Book Keeping is concerned with identifying financial transactions and events; measuring them in money terms; recording them in the books of account and classifying them. While Accounting is concerned with summarizing the recorded transactions and events , interpreting them and communicating the results thereof.

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    Deepanshu Jha 5 years ago

    Bookkeeping include identify ,record , summarising the transaction where as they also include interpersonal of result and communicate to user abou the business

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    • Posted by Yogita Kautilya 5 years ago

    CBSE > Class 11 > Accountancy
    • 0 answers
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    • Posted by Payal Khandal 5 years ago

    CBSE > Class 11 > Accountancy
    • 4 answers

    Anurag Meena 5 years ago

    T

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    Akshit Kankaria 5 years ago

    Money or goods withdrawn by owner for personal use is called drawings. Drawing is written in Balance Sheet.

    2Thank You

    Harshita Bansal❤️ 5 years ago

    No, we do not write drawing in trading account

    1Thank You

    Harshita Bansal❤️ 5 years ago

    The money or goods or both withdrawn by owner from business for personal use, is known as drawings. Example: Purchase of car for wife by withdrawing money from business

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    • Posted by 48.Shashi Kumar 11J 5 years ago

    CBSE > Class 11 > Accountancy
    • 0 answers
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    • Posted by Ankush Hiranwal 5 years ago

    CBSE > Class 11 > Accountancy
    • 0 answers
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    • Posted by Parneet Kaur 5 years ago

    CBSE > Class 11 > Accountancy
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    • Posted by Pradhum Sharma 5 years ago

    CBSE > Class 11 > Accountancy
    • 0 answers
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    • Posted by Susil Upadhyay 5 years ago

    CBSE > Class 11 > Accountancy
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    • Posted by Danish Khan 5 years ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Monika Sahu 5 years ago

    Sales Ac Dr. 178 To Mohan. 178

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    Aditya Chaudhary 5 years ago

    Sales A/c Dr. To Mohan

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    • Posted by Tina Saini 4 years, 10 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Sia ? 4 years, 10 months ago

    Matching concept states that expenses that are incurred in an accounting period should be matching with the revenue earned during that period. Thus all expenses for that accounting period whether or not paid during that year and all revenue whether earned or not during the period should be considered to calculate profit or loss. Hence, depreciation of the current year is charged against the current year’s revenue. In other words, the full cost of the asset is not treated as an expense in the year of its purchase itself rather it is spread over its useful life.

    Business concerns should follow this concept as :

    1. Matching concept portrays the exact financial status of the business.
    2. As revenue and expenses are matched, the profit or loss is not over or under-stated.
    3. Expenditure of capital assets which span over a period cannot be determined in one accounting period. Hence, depreciation as an expense can be more suitable for calculating business profits.
    4. It ensures transactions occurring in one accounting period although realised in another accounting period will be recognised for the accounting period in which it occurred.

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    • Posted by Tina Saini 5 years ago

    CBSE > Class 11 > Accountancy
    • 0 answers
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    • Posted by Kumkum Sahu 5 years ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    ☞Cheenu☜ ▄︻̷̿┻̿═━一 ? 5 years ago

    Which ch

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    • Posted by Sourabh Kumar 5 years ago

    CBSE > Class 11 > Accountancy
    • 0 answers
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    • Posted by Trijal Bhatki 5 years ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Ankit Sharma 5 years ago

    Yes

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    • Posted by Dushyant Verma 5 years ago

    CBSE > Class 11 > Accountancy
    • 0 answers
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    • Posted by Isha Sachdeva 5 years ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Sia ? 4 years, 8 months ago

    https://mycbseguide.com/dashboard/category/1411/type/2

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    • Posted by Gayatri Koli 5 years ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Isha Sachdeva 5 years ago

    Cash A/C Dr. To Capital A/C

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    • Posted by Silly Bts 5 years ago

    CBSE > Class 11 > Accountancy
    • 0 answers
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    • Posted by Chirak5656 Rock 5 years ago

    CBSE > Class 11 > Accountancy
    • 3 answers

    Prasad Rao Chikkala 5 years ago

    3

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    Fathima Hadiya 5 years ago

    3

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    Shruti Gupta 5 years ago

    3

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    • Posted by Vachaspati Chauhan 5 years ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER
    It is suggested to undertake this project after completing the unit on preparation of financial statements. The student(s) will be allowed to select any business of their choice or develop the transaction of imaginary business. The project is to run through the chapters and make the project an interesting process. The amounts should emerge as more realistic and closer to reality. Specific Guidelines for Teachers Give a list of options to the students to select a business form. You can add to the given list: 1. A beauty parlour 10. Men's wear 19. A coffee shop 2. Men's saloon 11. Ladies wear 20. A music shop 3. A tailoring shop 12. Kids wear 21. A juice shop 4. A canteen 13. A Saree shop 22. A school canteen 5. A cake shop 14. Artificial jewellery shop 23. An ice cream parlour 6. A confectionery shop 15. A small restaurant 24. A departmental store 7. A tyre repair shop 16. A sweet shop 25. A flower shop 8. A dry cleaner 17. A grocery shop 26. A gift shop 9. A stationery shop 18. A shoe shop 27. A photostat shop After selection, advise the student(s) to visit a shop in the locality (this will help them to settle on a realistic amounts different items. The student(s) would be able to see the things as they need to invest in furniture, decor, lights, machines, computers etc. A suggested list of different item is given below. 1. Rent 19. Wages and Salary 2. Advance rent [approximately three months] 20. Newspaper and magazines 3. Electricity deposit 21. Petty expenses 4. Electricity bill 22. Tea expenses 5. Electricity fitting 23. Packaging expenses 6. Water bill 24. Transport 7. Water connection security deposit 25. Delivery cycle or a vehicle purchased 8. Water fittings 26. Registration 9. Telephone bill 27. Insurance 10. Telephone security deposit 28. Auditors fee 11. Telephone instrument 29. Repairs & Maintenance 12. Furniture 30. Depreciations 13. Computers 31. Air conditioners 14. Internet connection 32. Fans and lights 15. Stationery 33. Interior decorations 16. Advertisements 34. Refrigerators 17. Glow sign 35. Purchase and sales 18. Rates and Taxes At this stage, performas of bulk of originality and ledger may be provided to the students and they may be asked to complete the same with the help of computers. In the next step the students are expected to prepare the trial balance and the financial statements.

    • Posted by Payal Sodi 1 year, 8 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Thug Op Gaming Faiz 4 years, 7 months ago

    CBSE > Class 11 > Accountancy
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    • Posted by Kalra Kaur 5 years ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Riya Tiwari 5 years ago

    30 transactions for account project

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    • Posted by Disha Singh 5 years ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Anisha Jena 5 years ago

    where is the questions sr...

    3Thank You

    Anisha Jena 5 years ago

    ok

    2Thank You

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    • Posted by Supriya Agrahari 5 years ago

    CBSE > Class 11 > Accountancy
    • 0 answers
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    • Posted by Anshika Somani 5 years ago

    CBSE > Class 11 > Accountancy
    • 0 answers
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    • Posted by Vishal Singh 5 years ago

    CBSE > Class 11 > Accountancy
    • 0 answers
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