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Can you tell me example entries of when cash is withdrawn from the bank for the personal use of the proprietor

Posted by Yash Taneja 6 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Shubham Vishwakarma 6 years, 1 month ago

It's drawing account to bank account

1Thank You

ANSWER

Can you please tell me example entries for When expenses are paid by the issue of a cheque

Posted by Yash Taneja 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

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Can u tell me some example entries of When payment is made by issue of a cheque

Posted by Yash Taneja 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Where is closing shown if it is given inside and outside trial balance

Posted by Muhammed Rayhan 6 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Muhammed Rayhan 6 years, 1 month ago

0Thank You

ANSWER

Abc ldt purchased a plant of 100000 on 1st april 2014. It purchased an additional plant for 50000 on 1 oct 2014. On ist oct 2015 plant purchased on 1st april become obselete and sold for 40000. Depreciation is charged 10% p.a. using written down value method. Show depreciation account provision for depreciation account and plant disposal account for 3 years

Posted by Simran Pursani 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

What is provision and reserve ?

Posted by P Avasthi 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Where is goods and services tax chapter

Posted by Yash Taneja 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

TS Grewal question 15 and 20 chapter 19

Posted by Shashank Mishra 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Prepare statement of profit and loss 1. Closing capital 39000 2. Additional capital 25000 3. Drawing 1000 per annum 4. Opening capital 52000 In the solution why we will take drawings as 40000

Posted by Premlata Gour 6 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Kanha Aggarwal 6 years, 1 month ago

25000+55000=80,000

2Thank You

Kanha Aggarwal 6 years, 1 month ago

Closing capital - opening capital + additional capital = drawings

0Thank You

ANSWER

Cost of goods is 100000 and shell at 20percentage then find it's selling price

Posted by Alok Kumar 6 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Puneet Maheshwari 6 years, 1 month ago

20000

0Thank You

ANSWER

Ch11 Practical problems24

Posted by Shivam Negi 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

What.is cash discount

Posted by Suresh Suresh 6 years, 1 month ago

CBSE > Class 11 > Accountancy

3 answers

Kanha Aggarwal 6 years, 1 month ago

Yes answer is already right

0Thank You

Divya Solanki 6 years, 1 month ago

This discount is only provide to those who buy the good or service in cash or by bank at the time of purchasing.

0Thank You

Vikalp Deepak 6 years, 1 month ago

Discount which is given by retailer to customer directly called cash discount

0Thank You

ANSWER

What is source document

Posted by Dear Mom 6 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Shashank Mishra 6 years, 1 month ago

Source document is an proof of transactions or an event

0Thank You

ANSWER

Double column cash book

Posted by Neha Chaudhary 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Pass the journal entries of the following transaction .on 1st april 2016,a firm purchased a machinery for ₹3,00,000.on 1stoctobar 2016,additional machinery costing ₹1,50,000 was purchased on 1st octobar 2017, the machinery purchased on 1st april 2016 having become obsolete was sold for₹1,35,000 .on 1st octobar 2018 new machinery was purchase for ₹3,75,000 while the machinery purchased on 1st octobar 2016 was sold for₹1,27,500 on the same day.the firm provide depriciation on its machinery @10%per annum on original cost on 31st march every year.

Posted by Sn...... S...... 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

On 1.4.2003, Manish LTD purchased a machinery for 1200000. On 1st October 2005, a paet of the machinery purchased on April 1st 2003 for Rs80000 was sold for rs 45000 and new machinery at cost of rs 158000w was purchased and installed on the same date. The company has decided to provide 10% p.a. as depreciation. Show the necessary ledger accounts assuming that the accounting year ends on 31st march if: a) depriciation is provided under straight line method and is credited to asset account b) depriciation is provided under written down value method and is credited to asset account c) Depriciation is provided under straight line method and is credited to provision for depreciation account d) Depriciation is provided under written down value method and is credited to provision for depriciation account.

Posted by Sangeeta Chauhan 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

depreciation exercise

Posted by Santosh Xhetri 6 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Ashita Chauhan 6 years, 1 month ago

What is assets

0Thank You

ANSWER

Prepare a trial balance

Posted by Dhanushiya Dhanasekar 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Bina watch company Devi 25 pieces of time star brand wrist watch from Delhi at least price 2000 per piece less than 10% trade discount and cash discount 2% on payment within 15 days from the date of transaction pass the journal entries in the books of both the parties

Posted by Saurabh Kumar 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Paid ram cash he allowed discount . Post them to the ledger

Posted by Shikha Singh 6 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Saurabh Kumar 6 years, 1 month ago

To cash A/C

0Thank You

Shikha Singh 6 years, 1 month ago

To cash a/c

0Thank You

ANSWER

purchase of goods Rs 2000,T.D allowed 10% and C.D allowed 2%. pass journal entry

Posted by Anant Choukse 6 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Mankirat Khurana 6 years ago

Purchases a/c dr. 1800 To cas a/c. 1764 To discount received a/c. 36

0Thank You

Nashra Sabri 6 years, 1 month ago

Purchase a/c.....Dr 18000____ To cash a/c...17640___To cash dis.360

0Thank You

ANSWER

What is ante dated cheque?

Posted by Vijay Kumar 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Pass entry for dishonour when prachi got bill endorsed by Raman for 6000 in the books of prachi and Raman.

Posted by Mehak Kandhari 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Calculate the value of opening stock from following Cash sale 40000 Sales return 5000 Purchse return 4000

Posted by Piyush Agrawal 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

What is machinery disposal account ??

Posted by Aman Sahoo 6 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Ranju Gutgutia 6 years, 1 month ago

When the machinery is disposed than it is called machinery disposal

0Thank You

ANSWER

A company whose accounting year is financial yea purchased on 1st july,2015 machinery costing 30000. Depreciation is @10%..What will be balace on 31 march,2016

Posted by Krishnanshu Kapoor 6 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Nashra Sabri 6 years, 1 month ago

Balance of machine is 27750

0Thank You

Dev Tayal 6 years, 1 month ago

2250

3Thank You

ANSWER

Following are the balances extracted from the books of Mohit of Kanpur as on 31st March 2018 PARTICULARS AMOUNT Stock April Ist, 2017 22000 Purchases 110000 Bad debts written off 800 Provision for bad and doubtful debt 500 Carriage on Purchases 1800 Commission paid 2200 Salaries 9000 General Expenses 4000 Taxes and Insurance 2000 Rent 1000 Debtors 18000 Premises 20000 Creditors 13300 Bank overdraft 4200 Discount allowed 1600 Discount received 2000 Sales 148000 Furniture 2600 Mohit’s Capital 30000 Mohit’s Drawings 5000 Prepare Trading and Profit & Loss account for the year ended 31st March 2018 and Balance sheet as on that date after taking following into consideration: (1) Stock on hand on 31st March, 2017 Rs. 20000. (2) Write off depreciation: Premises Rs. 3000, Furniture Rs. 260 (3) Make Provision of 5% on debtors for bad and doubtful debts. (4) Allow interest on capital at 5% p.a

Posted by Divya Bhatt 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

50 journal entries with ledger, trial balance and final accounts

Posted by Pranjal Agarwal 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

What is pay— in — slip?

Posted by Vipul Mittal 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

Chapter rectification of errors question 6 of unsolve

Posted by Parminder Poonia 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

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