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

Closing stock is not considered while preparing the trial balance.
because it is assumed that closing stock is already included in purchases and opening stock.

2Thank You

Sahil Singh 5 years, 1 month ago

Pta nhi?

3Thank You

ANSWER

Solve this question sec^2x + cos^2x _> 4

Posted by ᵐꜞᔆᔆ᭄ Qᴜᴇᴇɴ✿࿐꧂ : ꨄ︎•, 5 years, 1 month ago

CBSE > Class 11 > Accountancy

3 answers

Sahil Singh 5 years, 1 month ago

Perfect yrr

2Thank You

Sahil Singh 5 years, 1 month ago

How are you

1Thank You

Sahil Singh 5 years, 1 month ago

Hey...

0Thank You

ANSWER

1.Prepare accounting equation on the basis of the following. 1.Harsha started business with cash Rs.2,00,000 . 2.Purchased goods from Naman for cash Rs. 40,000 . 3. Sold goods to Bhanu costing Rs. 10,000, Rs. 12,000. 4.Bought furniture on credit Rs.7,000. Transaction related to balance sheet.

Posted by Kajal Balmik 5 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Harleen Kaur 5 years, 1 month ago

1) cash (+), capital (+) 2) cash ( -) , stock or goods (+) 3) stock (-), make debtor column in assets side (+) 4) furniture (+) , liability (+)

1Thank You

ANSWER

Explain the following accounting principles/concepts : 1.Accrual Concept 2.Business Entity Concept 3.Money Measurement Concept ??...

Posted by Saloni ? 5 years, 1 month ago

CBSE > Class 11 > Accountancy

4 answers

Prachi Manral 5 years, 1 month ago

3.Money Measurement concept : According to this principle, only those transactions they that are measured in terms of money or can be expressed in terms of money are recorded in the books of accounts of enterprise.

1Thank You

Prachi Manral 5 years, 1 month ago

1.Accural concept : accrual concept applies equally to revenue and expenses. As per this assumption,all revenue and cost are recognised when they are earned or incurred. 2.Business entity concept: According to this principle, business is treated as an entity which is separated and distinct from its owner.

1Thank You

Saloni ? 5 years, 1 month ago

??..

0Thank You

Sahil Singh 5 years, 1 month ago

Ye accountancy k 1 ch m ha Phadlo......

1Thank You

ANSWER

From the following particulars,prepare the proprietor 's capital account : April 2013 ,1 start business with .....₹45000 May 10,2013,drawings........₹10,000 July 15,further capital introduced......₹55000 Nov 30,income tax paid........₹5,000 MAR 31,2014, profit.........₹30,000 Plzzzzzz explain me in detail

Posted by Manisha Dhibar 5 years, 2 months ago

CBSE > Class 11 > Accountancy

4 answers

Manisha Dhibar 5 years, 1 month ago

Okk harleen?

0Thank You

Harleen Kaur 5 years, 1 month ago

Youtube se dekh lo rajat arora ki video samjh aa jayega yr concept

0Thank You

Manisha Dhibar 5 years, 1 month ago

?kk bhai

0Thank You

Lakshya Bajpai 5 years, 1 month ago

I don't know

0Thank You

ANSWER

Is anyone here?????

Posted by ᵐꜞᔆᔆ᭄ Qᴜᴇᴇɴ✿࿐꧂ : ꨄ︎•, 5 years, 1 month ago

CBSE > Class 11 > Accountancy

4 answers

Manisha Dhibar 5 years, 2 months ago

Yes,hi

0Thank You

Abhinav Sharma 5 years, 2 months ago

Yesss

0Thank You

Sheetal Cutie?? 5 years, 2 months ago

0Thank You

Sahil Singh 5 years, 2 months ago

Hey

0Thank You

ANSWER

What is credit and debit??

Posted by Saloni ? 5 years, 2 months ago

CBSE > Class 11 > Accountancy

3 answers

Yogita Ingle 5 years, 1 month ago

A debit is an accounting entry that either increases an asset or expense account. Or decreases a liability or equity account. It is positioned on the left in an accounting entry.
A credit is an accounting entry that increases either a liability or equity account. Or decreases an asset or expense account. It is positioned on the right in an accounting entry.

0Thank You

Sahil Singh 5 years, 2 months ago

0Thank You

Nancy Dewangan 5 years, 2 months ago

Credit is the right side of an account. Debit is the left side of an account

0Thank You

ANSWER

Gud ? divya aati h kya is group me

Posted by ᵐꜞᔆᔆ᭄ Qᴜᴇᴇɴ✿࿐꧂ : ꨄ︎•, 5 years, 1 month ago

CBSE > Class 11 > Accountancy

3 answers

Sahil Singh 5 years, 2 months ago

What r u doing n u also belong from Haryana

0Thank You

Sahil Singh 5 years, 2 months ago

U know me

0Thank You

Sahil Singh 5 years, 2 months ago

Don't know

0Thank You

ANSWER

Please reply Every time there will be choice between question from retirement and admission of partner in long question

Posted by Pardeep Kaur 5 years, 2 months ago

CBSE > Class 11 > Accountancy

2 answers

Pardeep Kaur 5 years, 1 month ago

Thanks

0Thank You

Sobit . 5 years, 2 months ago

Yes

1Thank You

ANSWER

2014 May 1 Balance of cash in hand Rs. 15,600; Overdraft at bank Rs. 7,400 2 Further capital introduced Rs. 30,000, out of which Rs. 25,000 deposit into bank. 3 Purchased goods on credit from Mohan of the list price of Rs. 15,000. Out of this amount he allowed us a trade discount of 20% 6 Settled the account of Mohan by paying cash Rs. 11,600 8 An amount of Rs. 2,500 due from chaturvedi & Sons written off as bad the previous year, now recovered. 10 Cashed a cheque for Rs. 7,500, 14 debts in Drew from bank for household expenses Rs. 3,000 and for income tax Rs. 800 Received Rs. 500 from sale of old chairs. 15 20 Received from X on behalf of Y Rs. 2,200. Discount allowed Rs 100 22 Received a cheque from Naresh RS. 4,210 in full settlement of his account of Rs. 4,400, 25 Cheque received from Naresh sent to bank 26 Sagar Chand, who owed us Rs. 10,000 became bankrupt and paid us 40 paisa in a rupe. 28 Received repayment of a loan of Rs. 3,600 and deposited out of it Rs. 2,000 into the bank Cheque received from Naresh dishonored, bank debited Rs. 20 as bank charges. Interest debited by bank Rs. 650. Deposited with the bank the entire amount after retaining Rs. 5,000 at office.

Posted by अRpiत शुKला 5 years, 2 months ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

FULL FORM OF GAAP

Posted by Śěřãj The Cute? 5 years, 2 months ago

CBSE > Class 11 > Accountancy

4 answers

Manisha Dhibar 5 years, 2 months ago

Generally Accepted Accounting Principles

0Thank You

Śěřãj The Cute? 5 years, 2 months ago

Koi na

1Thank You

Saloni ? 5 years, 2 months ago

Generally Accepted Accounting principles...sorry accounting likhna yaad nhi rha..?

0Thank You

Saloni ? 5 years, 2 months ago

GAAP- Generally Accepted Principles...?

0Thank You

ANSWER

jan 1 cash at bank Rs 5000,cash in hand Rs15000. Jan 2 Goods purchased and paid by cheque Rs 15000. Jan 5 Goods sold Rs 20000 amount received by cheque and cheque send to bank. Jan 6 Amount paid to ram by cheque Rs 3000. Jaan 8 cash received from mohan Rs 1000. Jan 10 salary paid Rs 5000. Jan 12 Commission Received by cheque Rs 2000, send to bank. prepare Double column cash book.

Posted by Shivi Singh 5 years, 2 months ago

CBSE > Class 11 > Accountancy

1 answers

Sahil Saharan 5 years, 2 months ago

TO BAL. B/D = CASH 11K AND BANK 9K

3Thank You

ANSWER

Which qualitative characteristics of accounting information is reflected when an accounting information is clearly represented ? A. Understand ability B . relevance C . comparability D . reliablity

Posted by Shaima Syed 5 years, 2 months ago

CBSE > Class 11 > Accountancy

3 answers

Manisha Dhibar 5 years, 2 months ago

Understandability

0Thank You

Payal Jain 5 years, 2 months ago

Understandability

0Thank You

Gaurav Seth 5 years, 2 months ago

Understandability is the concept that financial information should be presented so that a reader can easily comprehend it.

Adherence to a reasonable level of understandability would prevent an organization from deliberately confusing financial information in order to mislead users of its financial statements.

1Thank You

ANSWER

Mohan started a business on 1st April,2014 with capital of 10 ,000 and borrowed 3,000 from a friend .He earned a profit of 5,000 during the year ended 31st March,2013 and withdrew cash 4 ,000 for private use .what is his capital on 31st March 2015?

Posted by Manisha Dhibar 5 years, 2 months ago

CBSE > Class 11 > Accountancy