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8. From the following figures, calculate operating profit 2/8 Net profit Amt Rent received 10,000 Gain on sale of machine 15,000 Interest on loans 20,000 Donation 2,000

Posted by Ms Dhoni 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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story line with 30 transactions

Posted by Riya Yadav 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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Accountancy project Comprehensive project of any sole proprietorship business. This may state with journal entries and their ledgering, preparation of Trial balance. Trading and Profit and Loss Account and Balance Sheet. Expenses, incomes and profit (loss), assets and liabilities are to be depicted using pie chart / bar diagram. This may include simple GST related transactions.

Posted by Bandana Sureka 2 years ago

CBSE > Class 11 > Accountancy

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on 1 jan

Posted by Vansh Chauhan 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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Ansil Kabeer 2 years, 1 month ago

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20 journal transaction with ledger,trial balance

Posted by El Mike 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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25 sole proprietorship transaction with journal, ledger and trial balance

Posted by Kashmita Chaliha 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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The books of Anurag could not be tallied. The accountant transferred the difference of 1,030 in the Suspense Account on the debit side. The following mistakes were found later on. Rectify these errors by passing Journal Entries and prepare Suspense Account: i. The purchase of 610 from Kishore was entered into Sales Book but Kishore's personal account was rightly credited, ii. Sale of old furniture of 2,500 was credited to Sales Account as 250. iii. Goods returned to Tushar 8,000 were posted to the credit of Rahul as 7,000. iv. Credit sales to Raju 3,000 were recorded in the Purchases Book. However, Raju's Account was correctly debited. v. Goods returned to Rakhi for 720 were recorded in the Sales Return Book. However, vi. Rakhi's Account was correctly debited, vii. Credit purchases from Amit for 2,300 were posted to the debit of Parveen as 3,200.

Posted by Anushka Verma 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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If interest on drawing is given in ledger, where it is shown in financial statement.

Posted by Garvit Jain 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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35 transactions with GST and adjustments

Posted by Devika Dangi 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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Kunal Singh 2 years, 1 month ago

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Accounts project for class 11 with 50 transaction

Posted by Gaman Jain 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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On 1st January, 2016 Mr. ARJUN SINGH decided to start a driving school, also to sell car accessories through same place. For this purpose, he bought a workshop at a cost of ₹ 40,00,000 and decided to invest ₹ 15,00,000 as a further capital in the proposed business. He employed assistants and training staff for this purpose. He wants to start with 5 second hand cars. For further funds he approached Punjab National Bank and secured a loan of 36,00,000 @ 10% per annum. The loan was payable in 4 instalments along with interest due. Amt (₹) Purchased cars 26,00,000 Security deposited for electricity connection with electricity board 1,20,000 Security deposited with BSNL for telephone and internet connection 3,00,000 Purchased furniture 2,40,000 Fees received from students 39,00,000 Bought car accessories 6,60,000 Sale of car accessories 9,60,000 Wages paid 5,40,000 Salaries paid 7,50,000 Electricity charges 2,85,000 Advertisement 1,32,000 Postage and call 57,000 General expenses 36,000 Insurance premium 27,600 Bought laptop and printer 1,80,000 He withdrew ₹ 72,000 per month as drawings and repaid the annual instalment of bank loan along with interest due to 31st December, 2016. Assume all transactions took place through Punjab National Bank. You are required to (1) Journalise these transactions after considering the following information (i) Depreciate building by 5% and cars and furniture@ 10% per annum (ii) Stationery unpaid ₹ 54,000 (iii) Advertisement includes unissued material worth ₹ 24,000. (iv) Insurance prepaid ₹ 9,000 (v) Stock of car accessories ₹ 117,000 (2) Post them into ledger and prepare trial balance (3) Prepare financial statements for the year ended 31st December, 2016.

Posted by Tushar Chaudhary 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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40 transaction of journal entries ledger and trial balance

Posted by Raj Pratap Singh 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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Payal . 2 years, 1 month ago

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Raj Pratap Singh 2 years, 1 month ago

Pdf

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Story line for accounts project

Posted by Minisha Chawla 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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GST wale journal entries question

Posted by Priyanshu Yadav 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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Comprehensive project of any sole proprietorship business. This may state with journal entries and their ledgering, preparation of Trial balance. Trading and Profit and Loss Account dnd Balance Sheet. Expenses, incomes and profit (loss), assets and liabilities are to be depicted using pie chart / bar diagram.

Posted by Sameer Ahamad 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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Record journal entries for the following transactions in the books of Anu of Delhi: (a) Bought goods Rs. 4,00,000 from Kriti of Delhi (CGST @ 9%, SGST @ 9%) (b) Bought goods Rs. 5,00,000 for cash from Kerla (IGST @ 12%) (c) Sold goods Rs. 4,50,000 to Sonu of Punjab (IGST @ 18%)

Posted by Tarun Saket 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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50 transaction of journal ledger trial balance balance sheet trading and profit loss

Posted by Yashvee Saraf 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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Yashvee Saraf 2 years, 1 month ago

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On 1st April 2009 Mahindra & Company Sangli purchased two Computers for Rs 37,000. The fixation charges were amounted to Rs 3,000. They decided to provide depreciation on Computers (@ 15% p.a. under Fixed Instalment Method. On 1st October 2011 one Computer having original cost of Rs 20,000 was sold for Rs 15,000 and on the same date new Computer was purchased for Rs 30.000. Depreciation was provided annually on 31st March Show Computer Account for 2009-10, 2010-11, 2011-12

Posted by Gurmail Singh 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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Mr Ravi after completing his graduation wants to start his own business but he was little bit confused which business to start more ever he was shot by ferns also as only 2 lakhs to be using business available with him with his safe with him which he save why doing part time job during his graduation Mr Vinod a bag manager and decided to start a short during in men wear from first April 2014 is father also help him raising of one lakh from xyz Bank against the personal guarantee

Posted by Khushi Rawat 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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30 transactions in the form of story

Posted by Archa Jain 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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Prepare trading and profile & loss account and balance sheet from the following trial balance and information as at 31st march 2020

Posted by Techi Jermin 2 years, 1 month ago

CBSE > Class 11 > Accountancy

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Goods purchased from ramesh company rs 1,50,000 with included GST 18 percent

Posted by Muskan Raghuwanshi 2 years, 2 months ago

CBSE > Class 11 > Accountancy

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20sample gst transactions and it's journal ledger and trialbalnace posting

Posted by Arjav Jain 2 years, 2 months ago

CBSE > Class 11 > Accountancy

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which type of questions paper is coming in P.A 2 exam

Posted by Laiba Voice 2 years, 2 months ago

CBSE > Class 11 > Accountancy

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Q32. Enter the following transaction in two column cash book with cash and bank column of Mr. Nirmala 2018 January 1 Cash in hand Bank overdraft 4 Sold goods for cash 5 Cash deposited into Bank 6 Purchased goods from Meena 7 Cheque issued to Meena in full settlement 8 Withdrawn from bank for personal use Sold goods to Ajay and cheque received from him 12 Cheque received from Ajay deposited into bank 17 23 30 Received cash from Ramesh Rs. 70,000 50,000 50,000 80,000 30,000 28,800 5,000 25,000 28,000 Deposited into bank the entire balance after retaining Rs. 5,000 cash in business. 2017

Posted by Harsh Harsh 2 years, 2 months ago

CBSE > Class 11 > Accountancy

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The following is the trial balance of Atul as at 31st March,2023:

Posted by Kartik Sharma 2 years, 2 months ago

CBSE > Class 11 > Accountancy

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accounts from incomplete records solutions

Posted by Nithees War 2 years, 2 months ago

CBSE > Class 11 > Accountancy

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Account project

Posted by Free Fire Id 2 2 years, 2 months ago

CBSE > Class 11 > Accountancy

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Rules for debit and credit modern classification at a glance

Posted by Anshu Jatav 2 years, 2 months ago

CBSE > Class 11 > Accountancy

1 answers

Lalit Kumar 2 years, 2 months ago

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

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Sale of 426 to Bimal was recorded in sales book as 246

Posted by Hemanshu Agarwal 2 years, 2 months ago

CBSE > Class 11 > Accountancy