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  • 1 answers

Abha Gupta 5 years, 10 months ago

When the account on time to Sale
  • 1 answers

Incredible Suri 5 years, 10 months ago

Deferred Revenue Expenditure is an expenditure which is revenue in nature and incurred during an accounting period, but its benefits are to be derived in multiple future accounting periods.e.g. advertisement expenses.
  • 3 answers

Devanshi Tulsyan 5 years, 10 months ago

Purchase book is the part of journal whereas purchases account is the part of ledger....

Yogita Ingle 5 years, 10 months ago

Purchase book:

  • Purchase book is a subdivision of a journal which is not divided into credit or debt limits.
  • It contains the information about the credit purchases to the debit side of the purchase account.

Purchase account:

  • A purchase account is a ledger part that is divided into the credit and debt.
  • The purchase account will have all the information about the purchases of goods.

Harsh Gupta 5 years, 10 months ago

Purchase book are also known as purchase book purchase account are also known as purchase account
  • 1 answers

Taran Preet 5 years, 10 months ago

Means This is not in sylabus
  • 7 answers

Ashu Garg 5 years, 10 months ago

Employees and creditors and shareholders

Ashu Garg 5 years, 10 months ago

Creditors amd sharehol

Harsh Saini 5 years, 10 months ago

Creditor and shareholders

Aditi Maurya 5 years, 10 months ago

Creditor and employees

Palak Ahuja 5 years, 10 months ago

Investors and government

Kamakshi Rana 5 years, 10 months ago

Banks and customers

Divanshu Aggarwal 5 years, 10 months ago

For making goodwill. To attract investors
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  • 1 answers

Ashu Garg 5 years, 10 months ago

Complete this question plz
  • 2 answers

Ashu Garg 5 years, 10 months ago

Debtors are the person who owes money to us and later on they have to paid to us

Samiksha Seth 5 years, 10 months ago

Debtor is a person to whom we have sold on credit
  • 5 answers

Ashu Garg 5 years, 10 months ago

Capital

Amit Kumar 5 years, 10 months ago

Ok

Samiksha Seth 5 years, 10 months ago

Capital

Ishita Sachdeva 5 years, 10 months ago

Capital

Krishna Agrahari 5 years, 10 months ago

Capita
Daksh had an ambition to start a business.after completing his studies, he surveyed the market for business opportunity. He did a course in the production and marketing of handmade sheets, through which he would be recycling some of the waste material.on 1st April 2013 , he started his business with a capital of rs 500000 and borrowed rs 500000 from his friend at an interest of 8 % per annum. He purchased permises for rs 400000 and installed machinery valued at rs 100000. Loose tools of rs 80000 , furniture and fixtures of rs 150000 and a computer for rs 20000 were also purchased. All the cash was kept in a bank and payments were made through the bank. The following is a summary of transactions : Dye and chemicals rs 10000 total purchases rs 395000cash 205000credit rs 600000 total sales rs750000cash+250000 credit rs 1000000 wages rs 240000 electricity exp rs 18000 water exp rs 12000 cartage on purchases rs 24000 cartage on sales rs 30000 bpermises were insured on 1st OctoberOctober 2013, on a yearly premium of rs 24000.int on loan was paid by cheque and a part of loan of rs 100000 was paid at the year end. On 31st March 2014; 1 closing stock valued at rs 248000 2 wages of rs 20000 were still outstanding. 3 depriciation was to be provided @ 10 % per annum on machinery, loose tools and computer and @5 % per annum on premises and furniture and fixtures 4 a debtor of rs 7200 become insolvent and only 25 paisa in a rupees is expected to be realised form him you are required to : 1 journalise these transactions, post them into ledger accounts and perpare a trial balance 2 prepare financial statement for daksh.also, comment on the profitability and solvancy of the firm
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Samiksha Seth 5 years, 10 months ago

Yes it is true

Armandeep Singh 5 years, 10 months ago

Yes, it is a true statement. Purchase book is the credit purchase of our company which is recorded by noting from the invoices received from the suppliers.
  • 1 answers

Armandeep Singh 5 years, 10 months ago

Subsidiary books are the book for recording the credit and debit transactions taken place. Some important books are Purchase book,Sales book and cash book. Firstly our transaction are recorded in these book from the invoices and then posted into our books of original entry.
  • 1 answers

Armandeep Singh 5 years, 10 months ago

May me there will be delay in the process? well acc. To ne there will be mistake somewhere
  • 1 answers

Armandeep Singh 5 years, 10 months ago

What do you want to say??
  • 1 answers

Kamakshi Rana 5 years, 10 months ago

Purchase a/c - dr. Input CGST a/c - dr. Input SGST a/c - dr. To cash a/c
  • 1 answers

Armandeep Singh 5 years, 10 months ago

You must find it from this app. Previous year sample papers are tooo much beneficial.?
  • 1 answers

Priyanshu Jha 5 years, 10 months ago

Purchase A/c Dr. To gopal
  • 1 answers

Priyanshu Jha 5 years, 10 months ago

Cash A/c Dr. 10,000 To bank A/c 10,000
  • 2 answers

Adiii Agrawal 5 years, 10 months ago

Assets =capital+liablity Cash+goods+furniture+dr=capital+cr 1.500000+0+0+0=500000+0 2.0+40000+0+0=000+40000 New equ. 500000+40000+0+0=500000+40000 3.-10000+0+10000+0=0+0 New equ 490000+40000+10000+0=500000+ 40000 4.-5000+0+0+0=-5000+0 New equ 485000+40000+10000+0+495000 +40000 5.-7000+0+0+0=-7000+0

Yatendra Singh 5 years, 10 months ago

Answer please

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