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

Ask questions which are clear, concise and easy to understand.

Ask Question

Define the following accounting principles a) historical cost b) matching concept

Posted by Mohib Khan 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Distinguish between revenue reserve and capital reserve?

Posted by Mohib Khan 4 years, 9 months ago

CBSE > Class 11 > Accountancy

1 answers

Sia ? 4 years, 9 months ago

Capital Reserve	Revenue Reserve
Definition
A capital reserve is created to finance long term projects for a business	Revenue reserve is created to meet unforeseen events in a business organisation
Reserve Source
To meet the specific purpose of meeting the accounting principles	To be used as reinvestment for company
Tenure
Can be used for long term projects	Can be used for short term purpose
For dividend payout
Cannot be distributed as dividend	Can be used for dividend payout
Example
Capital reserve is created by the sale of fixed assets	Revenue reserve is created from retained earnings

0Thank You

ANSWER

Edition 2019 account chapter 19 question 4

Posted by Baby Prajapati 6 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Sartaj Alam 6 years, 1 month ago

Meaning of accountancy

0Thank You

ANSWER

What is meant by grouping and marshalling of assets and liability explain the ways in which a balance sheet may be marshalled

Posted by Radhika Mahroliya 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Why is depreciating not charged on land

Posted by Sumit Sachdeva 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

In depreciation whar is initial cost

Posted by Pathaañ King 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Cash book chapter in t.s grewals with gst 8th sum...can anyone solve it??

Posted by Shruthi S 6 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Atirek Kumar 6 years, 1 month ago

Isme kya prblm hai ??

0Thank You

ANSWER

Difference between trade and cash discount

Posted by Sanyam Jain 6 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Swarup Mandal 6 years, 1 month ago

Trade discount is a discount which is provided by the seller to quickly sell their goods. And cash discount is a discount which is provided by seller when the customer is about to pay the money for the goods. Note: we don't have to record trade discount just calculate the sum and write it down but but in cash discount we have to record entries.

0Thank You

ANSWER

a solved question with journal, ledger , trading, and profit and loss acc and the balance sheet .all in one question plsssss

Posted by Hamdah Ashraf 6 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Yuvraj Puneet 6 years ago

DK GOEL PROJECT NO 9

0Thank You

ANSWER

If opening stock is not given how to fing gross profit in trading account

Posted by Jharna Dutta 6 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Divyansh Narang 6 years, 1 month ago

In case of opening stock is not given Adjusted purchase are given and Adjuste purchase=opening stock + Net purchase - closing stock

4Thank You

ANSWER

How to solve Depreciation

Posted by Sachin Patil 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Cbse theoritical important questions

Posted by Saurav Jha 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

What is bank charges

Posted by Jagdish Bhatt 6 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Adiii Agrawal 6 years, 1 month ago

The charges lavied by bank on an overdraft

0Thank You

ANSWER

The bank overdraft of Smith Ltd on December 311 2016 as per cash book is rs 18000 from the following information ascertain the adjusted cash balance and prepare a bank reconciliation statement

Posted by Sweta Thakur 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

The cost of the asset is 6000 and depreciated at 12%p.a. using the written down methed, at the end of three years. It will have a net book value of-.

Posted by Riyasat Khan 6 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Divyansh Narang 6 years, 1 month ago

4088.9 is correct answer

0Thank You

Riyasat Khan 6 years, 1 month ago

(a)40888.32. (b)43888.90 (c)45322. (d)40000

2Thank You

ANSWER

A bill of 20,500 drawn by shyam is accepted by Ram and shyam gets its discounted @ 12% p.a. due 3 months hence. The discounting charges borne by shyam is:

Posted by Riyasat Khan 6 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Saurav Jha 6 years, 1 month ago

The discounting charges borne by shyam is: 615

0Thank You

ANSWER

Explain the following (a) prudence concept (b) business entity principle (c) accrual concept (d) historical cost principle (e) matching concept (f)accounting period concept

Posted by Mohd Adnan 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Easy way to make journal

Posted by Ajju Pathak 6 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Adiii Agrawal 6 years, 1 month ago

Follow morden rules

0Thank You

Adiii Agrawal 6 years, 1 month ago

Follor morden rules

0Thank You

ANSWER

prepare trading profit and loss account of m/s ram traders as on 31 march 2020 and balance sheet as on that date opening stock 24000 purchase 160000 cash in hande 16000

Posted by Ajay Prajapati 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Suspense account means

Posted by Varun Singh 6 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Adiii Agrawal 6 years, 1 month ago

When there is a difference between balance of trail balance then a account is made and the diffrence is enterd the account is called suspence account

0Thank You

ANSWER

exempted issued 15,000 9% debentures of 195 1 April 1st 2015 readable as follows 580031 2017 300000 debentures on March 31 2018 for adventure for March 2019 300000 debentures on March 31st 2020 the company had a balance of rupees 50000 in securities premium reserve give necessary journal entries for 2015-16 including interest also prepare discount on issue of debenture account

Posted by Gaurav Makker 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Consumer equilibrium kya hota hai

Posted by Ayush Jain 6 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Adiii Agrawal 6 years, 1 month ago

?????

0Thank You

ANSWER

what is double entry system?

Posted by Mohd Rehan 6 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Varun Singh 6 years, 1 month ago

Kya rehan

0Thank You

Yogita Ingle 6 years, 1 month ago

Double Entry System of accounting deals with either two or more accounts for every business transaction. For instance, a person enters a transaction of borrowing money from the bank. So, this will increase the assets for cash balance account and simultaneously the liability for loan payable account will also increase.

2Thank You

ANSWER

Follow on instagram @imrealyash for any questions about commerce 11th class

Posted by Yash Sonkar 6 years, 1 month ago

CBSE > Class 11 > Accountancy