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Juurnalise the following transaction in the journal of m/s goel brothers and post them to the ledger

Posted by Umesh Singhal 6 years, 2 months ago

CBSE > Class 11 > Accountancy

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Journalise following Received from krishna-12500 Allowed him discount -500

Posted by Ekamjot Saini 6 years, 2 months ago

CBSE > Class 11 > Accountancy

1 answers

Devansh Jindal 6 years, 2 months ago

Cash A\C dr-12500 Discount allowed A\C dr-500 To Krishna's A\C-13000

7Thank You

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Briefly explain the concept of gst.

Posted by Nisha Kandra 6 years, 2 months ago

CBSE > Class 11 > Accountancy

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Bought good form ram 1000 was omitted to be recorded

Posted by Abhishek Shivhare 6 years, 2 months ago

CBSE > Class 11 > Accountancy

0 answers

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Objective accounting standards

Posted by Saurabh Pandey 6 years, 2 months ago

CBSE > Class 11 > Accountancy

2 answers

Jinali Jain 6 years, 2 months ago

It is ti ensure transparency,reliability,consistency and comparability of the financial statements. They do the standardizing accounting polices and principle of a nation so the transaction of all companies will be recorded in a similar manner

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Sia ? 6 years, 2 months ago

The primary objective of Accounting Standards are: To provide a standard for the diverse accounting policies and principles. To put an end to the non-comparability of financial statements. To increase the reliability of the financial statements. To provide standards which are transparent for users.

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On 1st August 2011 purchase a machine of 25000 .on 2012 July 1st another machine of 150000 .and 200000 on 2014 January 01 sold first machine of 75000 and in 2015 second machine of 125000 depreciation charged @ 10% by written down method make the machinery account year ending 1st April to 31st March

Posted by Smily Singh 6 years, 2 months ago

CBSE > Class 11 > Accountancy

0 answers

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Real account

Posted by Gopi Reddy 6 years, 2 months ago

CBSE > Class 11 > Accountancy

0 answers

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Ramesh started his business with cash 80000

Posted by Sparsh Arora 6 years, 2 months ago

CBSE > Class 11 > Accountancy

5 answers

Devansh Pandey 6 years, 1 month ago

Cash a/c. Dr. 80000 To capital a/c. 80000

0Thank You

Rohit Kumar 6 years, 2 months ago

Cash To capital

0Thank You

Saloni Jain 6 years, 2 months ago

*cash account dr To capital account*

1Thank You

Chikki Kaur 6 years, 2 months ago

Cash A/c....dr. To Capital A/c

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Sparsh Arora 6 years, 2 months ago

Case A/c dr To capital

1Thank You

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Fgsff

Posted by Samarpreet Singh 6 years, 2 months ago

CBSE > Class 11 > Accountancy

0 answers

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The receipt column of cash book undercast by Rs 200

Posted by Harsimrat Kaur 6 years, 2 months ago

CBSE > Class 11 > Accountancy

2 answers

Ashmit Kumar 6 years, 2 months ago

there will be addition in pass book because cash column is totalled less

1Thank You

Arjun Singh 6 years, 2 months ago

Write 200 rs in minus coloumn

2Thank You

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Good costing ₹30000 supplied to Mohan at the profit of 25% of sales price less trade discount @5% will be credited to sales a/c

Posted by Akansha Jain 6 years, 2 months ago

CBSE > Class 11 > Accountancy

1 answers

Arjun Singh 6 years, 2 months ago

Write in plus column 35,625

13Thank You

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Class 11 account chapter 10 question no 11

Posted by Sana Sharma 6 years, 2 months ago

CBSE > Class 11 > Accountancy

0 answers

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Class 11

Posted by Sana Sharma 6 years, 2 months ago

CBSE > Class 11 > Accountancy

0 answers

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My question is project of accountancy

Posted by Mahesh Lachheta 6 years, 2 months ago

CBSE > Class 11 > Accountancy

1 answers

Mahesh Lachheta 6 years, 2 months ago

How I made a project with a one financial period

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How to find depreciation and provision for depreciation ?

Posted by Nishant Yadav 6 years, 2 months ago

CBSE > Class 11 > Accountancy

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Krishna enterprises purchase a Machinery of rs. 30000 on 1 April 2016 . The firm purchased additional machinery on 1 October 2016 costing rs 20000 and on 1 July 2017 costing rs 10000 . On 1 January 2018 one third part of a Machinery purchased on 1 April 2016 was sold at the loss of 5250 . Prepare machinery account and provision for depreciation account. Assuming the firm follows the Calendar year and depreciation is charged @ 10% per annum on fixed installment method

Posted by Pravin Singh 6 years, 2 months ago

CBSE > Class 11 > Accountancy

0 answers

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Bank reconciliation statement prepared by

Posted by Laxmi Roy 6 years, 2 months ago

CBSE > Class 11 > Accountancy

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Video of chapter 5

Posted by Ritee Kumari 6 years, 2 months ago

CBSE > Class 11 > Accountancy

1 answers

Shivam Singh Rajput 6 years, 2 months ago

Chapter 14

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What is meant by Dishonored of bill of exchange

Posted by Meet Parakh 6 years, 2 months ago

CBSE > Class 11 > Accountancy

1 answers

Arjun Singh 6 years, 2 months ago

Bill rejected

0Thank You

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May 14 bank issued draft in favour of shyam and sons for 8000

Posted by Priyanshi Gupta 6 years, 2 months ago

CBSE > Class 11 > Accountancy

1 answers

Honey... ?? 6 years, 2 months ago

10th k section m kyu aayi ho

0Thank You

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What is bank reconcillation ?

Posted by Mohit Tomar 6 years, 2 months ago

CBSE > Class 11 > Accountancy

1 answers

Sushil Chawla 6 years, 2 months ago

Bank reconcilation is the statement which is used for telly the differences between passbook and cash book

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Capital is the liability for the firm then why profit is considered as liability for firm (accounting equation)

Posted by Kuldeep Soni 6 years, 2 months ago

CBSE > Class 11 > Accountancy

0 answers

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What is contingent liability? ??

Posted by ?????? ???? . 6 years, 2 months ago

CBSE > Class 11 > Accountancy

1 answers

Gaurav Seth 6 years, 2 months ago

Contingent liability is a potential liability that may occur, depending on the outcome of an uncertain future event. A contingent liability is recorded in the accounting records if the contingency is likely and the amount of the liability can be reasonably estimated. The liability may be disclosed in a footnote on the financial statements or not reported at all if both conditions are not met.

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Journal entry of these question ashoka furniture trader ludhiana 1 jan. Started business with cash 2 jan. Opened a current account by personal cheque

Posted by Sakshi Purbiya 6 years, 2 months ago

CBSE > Class 11 > Accountancy

1 answers

?????? ???? . 6 years, 2 months ago

1 jan) Cash A/c dr . To capital A/c 2 jan) Bank A/c dr. To capital

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How to journal entry post into ledger?

Posted by Ashu Upadhyay 6 years, 2 months ago

CBSE > Class 11 > Accountancy

1 answers

Miss Lj Jain 6 years, 2 months ago

I explain u in my words by an example like the journal entry is cash A/c .........dr To capital A/c So In the ledger of cash, capital is shown in debit side And In the ledger of capital, cash is shown in credit side If u still have any query u can ask me okay dude

1Thank You

ANSWER

A firm bought a machinery on 1st july, 2013 for rs 100000. It bought another machine on 1st october 2014 for rs 40000. On 30th june 2015 it sold the machine bought in 2013 for rs 60000 but 2000 were paid commision to agent who got this deal done and bought anothet machine on the same date for rs 60000. Depriciation was charged 20% p.a. on fixed instalment system and books were closed on 31st March each year

Posted by Anita Dubey 6 years, 2 months ago

CBSE > Class 11 > Accountancy