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

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Goods costing 30,000 supplied to mohan at a profit of 25% of sales price less Trade discount 5%will be credited to sales A/C with

Posted by Tanvi Garg 1 year, 1 month ago

CBSE > Class 11 > Accountancy

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Why we need accounting

Posted by Subhom Das 1 year, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Tanvi Garg 1 year, 1 month ago

Same as objective of accounting

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accounting equation solution received an order for the sale of goods ₹30000

Posted by Jyoti Yadav 1 year, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Shubh Chhirolya 1 year ago

Don't post personal information, mobile numbers and other details.
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Why we need accounting?

Posted by Subhom Das 1 year, 1 month ago

CBSE > Class 11 > Accountancy

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Create a story with 25 transactions of a sole proprietorship in paragraph form

Posted by Sukhpal Bansal 1 year, 1 month ago

CBSE > Class 11 > Accountancy

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20 transaction journal with GST and posting into ledger account

Posted by Akshat Singh 1 year, 1 month ago

CBSE > Class 11 > Accountancy

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Raju is dealer in furniture.show the accounting equation for the following transaction Started business with cash 1,00,000 deposited cash in bank 60,000 borrowed loan from bank 25,000 Bought goods and paid by cheque 10,000 cash withdrawn for personal use 5,000 cash withdrawn from bank for office use 3,000

Posted by Varshini Varshini 1 year, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Waheed Ahmad 1 year, 1 month ago

1049

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What is the nature of accounting

Posted by Richa Singhal 1 year, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Tanvi Garg 1 year, 1 month ago

1.. economic events 2.. organisation 3..interested users of information 4.. identification, measurements,recording communication

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shyam started a manufacturing business with cash ₹ 10,00,000; goods ₹ 2,00,000 and furniture of ₹ 1,00,000. he opened a bank account with hdfc bank in the name of the firm by depositing ₹ 60,000. the following transactions took place: (a) goods purchased in cash ₹ 80,000 and on credit ₹ 50,000. (b) goods were sold in cash ₹ 1,00,000 and on credit ₹ 50,000 at cost price plus 25%. (c) cash paid to creditors on account ₹ 30,000. (d) cash received from debtors ₹ 10,000. other information (a) debtors have deposited 50 % of the remaining amount in firm’s bank account. bank charges ₹2,000 were charged by bank for services provided. 1.how much total profit made the him? 2.what is the amount of sales? 3.how much total capital brought by mr. shyam to start the business in the beginning? 4.how much amount is yet to be paid to the creditors? 5.what is the amount of goods left?

Posted by Shivam Kushwaha 1 year, 1 month ago

CBSE > Class 11 > Accountancy

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Place order for goods from Rohit of 300000 along with advance of 10000 in cash jounral entry solution

Posted by Prince Kumar 1 year, 1 month ago

CBSE > Class 11 > Accountancy

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Place order for goods from Rohit of 300000 along with advance of 10000 in cash

Posted by Prince Kumar 1 year, 1 month ago

CBSE > Class 11 > Accountancy

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Received cheque 40,000 the entry will be?

Posted by Hariom Tiwari 1 year, 2 months ago

CBSE > Class 11 > Accountancy

3 answers

Tanvi Garg 1 year, 1 month ago

Bank A/c Dr to customer personal A/c

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Waheed Ahmad 1 year, 1 month ago

Bank a/c Dr to creditor

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Lakshika Mahara 1 year, 1 month ago

Received A/c To cash A/c

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50 transactions with journal and ledger

Posted by Hema Balan 1 year, 2 months ago

CBSE > Class 11 > Accountancy

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JOURNALISE 25 TRANSACTIONS AND POST THEM INTO LEDGER AND PREPARE THE TRIAL BALANCE

Posted by Jia Chandwani 1 year, 2 months ago

CBSE > Class 11 > Accountancy

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Please an order with Rakesh for supply of goods of the list price of rupees 1 lakh in this connection Raman pate 10% of the list price as an advance by cheque

Posted by Charul Dhote 1 year, 2 months ago

CBSE > Class 11 > Accountancy

1 answers

Chavi Sharma 1 year, 2 months ago

Cash ac dr to rakesh ac

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Difference between loses and expenses

Posted by Sonal Tawri 1 year, 2 months ago

CBSE > Class 11 > Accountancy

1 answers

Swati Parajapati 1 year, 2 months ago

Loses mean when our good are lost , theft or destroy by fire or expense mean when we paid money for use service or good . Eg:- rent, hotel etc..

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Sold goods to ram 40000 at a trade discount of 10℅ and cash discount 2℅ ram paid 1/4 amount in cash

Posted by Maira Laiq 1 year, 2 months ago

CBSE > Class 11 > Accountancy

3 answers

Hariom Tiwari 1 year, 2 months ago

Ram a/c Dr. 40,000 Discount allowed Dr. 4,720 To sales a/c 35,280

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Adarsh Kumar 1 year, 2 months ago

Bhut how

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Kumar Karan 1 year, 2 months ago

Cash a/c ...dr. 8,820 Ram acc. ...dr. 26,460 To cash disc. allowed a/c .....dr. 720 To sales a/c. 34,560

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Received rupees 1250 from raman un full settlement of his account of rupees 1500

Posted by Jassu Jasmine 1 year, 2 months ago

CBSE > Class 11 > Accountancy

2 answers

Kumar Karan 1 year, 2 months ago

Cash a/c dr. 1250 Disc. allowed a/c dr.250 To raman's a/c. 1500

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Kumar Karan 1 year, 2 months ago

Cash a/c. ...dr 1250 Dis all a/c ...dr 250 To Raman's a/c 1,500

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He sold goods costing 25000 at a profit 20% above cost & half of the payment received in cash and received a bill for the remaining balance

Posted by Manish Pandey 1 year, 2 months ago

CBSE > Class 11 > Accountancy

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1. Collection of source documents, preparation of vouchers, recording of transactions with the help of vouchers.

Posted by Amit Patel 1 year, 2 months 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 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 Amit Patel 1 year, 2 months ago

CBSE > Class 11 > Accountancy

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Journal Entries and Ledger Prep Default (GPT-3.5) User SITUATION On 1st January, 2016 Mr Veer Das decided to start a driving school and also to sell car accessories through same place. For this purpose he bought a workshop at a cost of 20,00,000 and decided to invest ₹ 7,50,000 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 18,00,000 @ 10% per annum. The loan was payable in 4 instalments along with interest due. Purchased cars. 13,00,000 Security depsoited for electricity connection with electricity board 60,000. Security deposited with BSNL for telephone and Internet connection 1,50,000 Purchased furniture 1,20,000 Fees received from students19.50,000 Bought car accessories 3,30,000 Sale of car accessories4,80,000 Wages paid2,70,000 Salaries paid 3,75,000 Electricity charges1,42,500 Advertisement66,000 Postage and call28,500 General expenses 18,000 Insurance premium13,800 Bought laptop and printer 90,000 He withdrew 36,000 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 (1) Depreciate building by 5% and cars and furniture @ 10% per annum (ii) Stationery unpaid 27,000 (iii) Advertisement include unissued material worth 12,000. (iv) Insurance prepaid 4,500 (v) Stock of car accessories 58,500. (2) Post them into ledger and prepare trial balance.

Posted by Devil Bro 1 year, 2 months ago

CBSE > Class 11 > Accountancy

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Use of common unit of measurement and common format of reporting promotes

Posted by Akash Gupta 1 year, 2 months ago

CBSE > Class 11 > Accountancy

2 answers

Biswajit Pattnaik 1 year, 2 months ago

I don't know the any thing in accounting

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Biswajit Pattnaik 1 year, 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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Deprication

Posted by Jashan Preet Singh 1 year, 2 months ago

CBSE > Class 11 > Accountancy