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

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 4 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Sobit . 4 years, 1 month ago

9000

1Thank You

ANSWER

(a) Explain any two objectives of Preparing Trial Balance . (b) What are Contra Entries ? When these entries are opened ?

Posted by Sonal Kumar 4 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

On 1st April, 2014, Veeru Ltd. purchased a machinery for Rs. 2,50,000 and spent rs. 50,000 on its installation. On 1st July, 2016 1/3rd of machinery purchased on 1st April, 2014 was sold for Rs. 15,000 and a new machinery at the cost of Rs. 2,00,000 was purchased on the same date. The com-pany has adopted the method of providing depreciation @ 15% p.a. on straight line method.

Posted by Shweta Singh 4 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

In which book of original entry, a discount of Rs. 50 offered for an early payment of cash of Rs. 1050 be recorded

Posted by Palak Singh 4 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

2. The uniform set of rules which ensure uniformity and understandability is known as ……………..

Posted by Suraj Kumar 4 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Śěřãj The Cute? 4 years, 1 month ago

Gaap

0Thank You

? S. S. ? 4 years, 1 month ago

Accounting principles

0Thank You

ANSWER

Name the different special purpose books and state the types of transportation recorded in each one of them.

Posted by Bhuban Gogoi 4 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Different between With Adjustment and Without Adjustment

Posted by Shruti Sharma 4 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

NUMERICAL EXAMPLES Example 8. Prepare the Balance Sheet of M/s Mahaveer Brothers on 31st December, 2016 from the following particulars in Horizontal Form and Vertical Form Building 50,000, Machinery * 30,000, Bank overdraft 5,000, Bills Receivable 3,000, Closing Stock * 4,000 Drawings * 2,500, Creditors 8,000, Debtors 12,000, Cash in hand * 3,000, Bills Payable * 2,000, Net Profit 16,000, Furniture 1,500, Capital 375,000

Posted by Shruti Sharma 4 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Tahir Hussein 4 years, 1 month ago

Cash book 11 class ke full solutions

1Thank You

ANSWER

Purchase building anf furniture for 100000

Posted by Mrfardeen Khan 4 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Prachi Manral 4 years, 1 month ago

What is your question exactly?? ?

0Thank You

ANSWER

Employees of z.ltd went on strike and accountant of z.ltd recorded this loss

Posted by Anushka Rao 4 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Aashish Bansal 4 years, 1 month ago

0Thank You

ANSWER

What is journal proper??

Posted by Saloni ? 4 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Meghna Thapar 4 years, 1 month ago

Journal proper is book of original entry (simple journal) in which miscellaneous credit transactions which do not fit in any other books are recorded. It is also called miscellaneous journal. The form and procedure for maintaining this journal is the same that of simple journal. Books with original entries used for miscellaneous credit transactions that do not fit into other recorded books. The journal is maintained like a simple journal to record opening entries, closing entries, transfer entries, adjustment entries, rectification entries, and rare transactions.

0Thank You

ANSWER

Ridhima commenced business with cash rupees 100000 and bank balance rupees 70000 what will be accounting equation

Posted by Jatin Moudgill 2 years, 8 months ago

CBSE > Class 11 > Accountancy

1 answers

Mehakpreet Kaur Sran 3 years, 4 months ago

cash rs.100000+ bank balance rs.70000= capital rs.170000

8Thank You

ANSWER

January 1 cash in hand 6000 rupees Bank balance

Posted by Aniket Kumar Prajapat Kumar Prajapat 4 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Cash in hand Bank Balance (cr)

Posted by Aniket Kumar Prajapat Kumar Prajapat 4 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Record the following in brs as per the cash book . Bank collected a cheque of rs 500 on behalf of you but wrongly credited it to another customer

Posted by Arsh Sinha 4 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

What is meaning of from?

Posted by Priyanshu Parmar 4 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Sia ? 3 years, 7 months ago

Please ask question with complete information.

0Thank You

ANSWER

Give differenc between ledger and journal

Posted by Priyanshu Parmar 4 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Yogita Ingle 4 years, 1 month ago

Journal	Ledger
It is the original book	It is the book of final entry
It is the book for chronological order entry	It is the book for analytical record entry
It is the book of source entry which has greater legal evidence	It has lesser legal evidence
Transaction is the basis of classification of data within the journal	Account is the basis of classification of data within the ledger