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    • Posted by Sakshi Kumari 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Sia ? 6 years, 4 months ago

    Corporate financial statements are useful to labor unions and other employee representatives because they provide important information that may be used in salary or employment benefit discussions with top management. Labor representatives typically evaluate corporate profitability, expense levels and business trends by appraising data included in financial statements and subsidiary reports.

    0Thank You

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    • Posted by Mohan Kr 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Mohan Kr 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Prachi Tyagi 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Prachi Tyagi 6 years, 4 months ago

    I only want the answer of c part

    0Thank You

    ANSWER

    • Posted by Vicky Gupta 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Shubhojeet Kumar Choudhary 6 years, 4 months ago

    Its 'Journal' not general

    0Thank You

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    • Posted by Aryan Raj 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Ankit Arya 6 years, 4 months ago

    Stock - 75000 Cash + 50000 Debtors +50000 Capital +25000

    9Thank You

    ANSWER

    • Posted by Himanshu Singh 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Harsh Vyas 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 3 answers

    Harsh Vyas 6 years, 4 months ago

    Plz give me in detail

    0Thank You

    Saurabh Barwal 6 years, 4 months ago

    And cash discount will be of 1200

    1Thank You

    Saurabh Barwal 6 years, 4 months ago

    Trade discount is of 7%=5600

    1Thank You

    ANSWER

    • Posted by Harsh Vyas 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 4 answers

    Saurabh Barwal 6 years, 4 months ago

    500 cash.

    0Thank You

    Saurabh Barwal 6 years, 4 months ago

    2500 trade dis.

    0Thank You

    Harsh Vyas 6 years, 4 months ago

    Plz give me in detail

    0Thank You

    Kanav Malhotra 6 years, 4 months ago

    Price after Trade Discount- Rs. 47,500 Now if payment is recieved then- Rs. 47,025

    2Thank You

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    • Posted by Namrata Singh 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Pradip Nikam 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Adity Kumari 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Ankit Arya 6 years, 4 months ago

    Cost price or market price, which ever is lower

    1Thank You

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    • Posted by Rimjhim Dwivedi 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 3 answers

    Gaurav Jaat 6 years, 4 months ago

    It is the amount payable by the business for proprietor is called liabilities

    0Thank You

    Yogita Ingle 6 years, 4 months ago

    The economic value of an obligation or debt that is payable by the enterprise to other establishment or individual is referred to liability. To put it in other words, liabilities are the obligations that are rising out of previous transactions, which is payable by the enterprise, through the assets possessed by the enterprise.

    0Thank You

    Vivek Roy 6 years, 4 months ago

    Liability =loan creditor etc

    1Thank You

    ANSWER

    • Posted by Nitu Sharma 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Akshat Singh 6 years, 4 months ago

    Purchase A/C. dr To cash A/C

    0Thank You

    ANSWER

    • Posted by Manish Kumar 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Akshat Singh 6 years, 4 months ago

    1. Cash a/c dr to capital a/c 2. Purchase a/c Dr to ram 3. Ram Dr to cash a/c 4. i) Rent a/c dr to cash a/c ii) salary a/c Dr to cash a/c 5. Mohan Dr to sales a/c 6. Cash a/c Dr to Mohan 7. Drawings a/c Dr to cash a/c to purchase a/c. 8. Ram a/c Dr to purchase a/c

    6Thank You

    Prerna Jangid 6 years, 4 months ago

    1. Cash a/c dr. 80,000. To capital .. 80,000. 2. Purchase a/c dr. 20,000. To cash .. 20,000. 3.Ram a/c. Dr. 15000. To cash.. 15000. 4. Ram a/c dr. 1600. Salary a/c. Dr. 4400. To cash. 6000. 6. Cash a/c. Dr. 10,000. To mohan. 10,000. 8. Ram a/c. Dr. 2,000. To purchased return. 2,000.

    5Thank You

    ANSWER

    • Posted by Shubham Vishwakarma 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Shubhojeet Kumar Choudhary 6 years, 4 months ago

    Bank a/c dr. To cash a/c

    1Thank You

    ANSWER

    • Posted by Vinay? Yadav????? 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Ram Bahadur Singh 6 years, 4 months ago

    ₹550

    0Thank You

    ANSWER

    • Posted by Urgain Lhaksam 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Mayank Rawat 6 years, 4 months ago

    Assets is the property of th buisness which gives to the profit to the buisness. Liability are expenses which have to be paid to creditors,bank etc.

    3Thank You

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    • Posted by Ravi Shukla 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Deepanshu Goel 6 years, 4 months ago

    Electricity expenses A/c Dr... To cash A/c

    0Thank You

    Sunny Singh 6 years, 4 months ago

    July 1 Cash A/C_ Dr To electricity bill (Being paid electricity bill in cash)

    1Thank You

    ANSWER

    • Posted by Nurjahan Khatun 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Sunny Singh 6 years, 4 months ago

    Purchase A/c_ Dr. To Mr. Khanata (Being purchase on credit goods for Rs.5000)

    0Thank You

    Ravi Shukla 6 years, 4 months ago

    Purchase a/c _____dr. 5000 To mr. Khanta. 5000

    0Thank You

    ANSWER

    • Posted by Vikash Singh 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    ❤ 753 6 years, 4 months ago

    Paisa

    1Thank You

    Tikeshvar Sahu Sahu 6 years, 4 months ago

    Cash is a amount

    1Thank You

    ANSWER

    • Posted by Sanjay Panchal 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Yogita Ingle 6 years, 4 months ago

    According to this principle, only those items or information should be disclosed that have material effect and relevant to the users. So, item having an insignificant effect or being irrelevant to user need not be disclosed separately, these may be merged with other item.

    If the knowledge of any information may effect the decision of a user of account, is termed as material information.
    It should be noted that an item material for one enterprise may not be material for another enterprise. E.g. an item of expenses ϕ 50,000 is material for an enterprise having turnover of ϕ 1,50,000 but it is not material for an enterprise having turnover of ϕ 100 crore.
    The nature of transaction should be taken into consideration for materiality of information. E.g. a difference of ϕ 200 in the valuation of stock may be immaterial but the difference of ϕ 50 in cash could be termed as material.

    0Thank You

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    • Posted by Dipali Shrivastava 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 4 answers

    Prerna Jangid 6 years, 4 months ago

    Transactions. 2. Record in subsidiary books. 3. Trial balance .....

    0Thank You

    Amisha Chawla 6 years, 4 months ago

    Identification as well as recording of transactions

    0Thank You

    Prachi Jain 6 years, 4 months ago

    Idebtification of transaction

    1Thank You

    Raagul Raagul 6 years, 4 months ago

    Transactions

    1Thank You

    ANSWER

    • Posted by Soumaly Choudhury 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Ankit Arya 5 years, 8 months ago

    As per business entity principle business and business man both are separate person and when we record the transaction, we treated ourself as business not business man so business is payable profit to businessman in every year and at the time of winding up of the business, capital is also payable to its owners so capital and profit is liability for the business because it is payable as per business point of view.

    2Thank You

    ANSWER

    • Posted by Vandana Gupta 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Shruti Bhatnagar 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 3 answers

    Amisha Chawla 6 years, 4 months ago

    The income generated from sales of goods or doing service

    0Thank You

    Gaurav Seth 6 years, 4 months ago

    The income generated from sale of goods or services, or any other use of capital or assets, associated with the main operations of an organization before any costs or expenses are deducted. Revenue is shown usually as the top item in an income (profit and loss) statement from which all charges, costs, and expenses are subtracted to arrive at net income. 

    0Thank You

    Vatsal Vatsal 6 years, 4 months ago

    Revenue is doing regular

    2Thank You

    ANSWER

    • Posted by Animesh Kumar 6 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Kamal Ratol 6 years, 4 months ago

    Furniture a/c dr To bank

    0Thank You

    ANSWER

    • Posted by Sahil Tiwary 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Ankit Arya 6 years, 4 months ago

    to develop, in the public interest, a single set of high quality, understandable, enforceable and globally accepted financial reporting standards based upon clearly articulated principles. These standards should require high quality, transparent and comparable information in financial statements and other financial reporting to help investors, other participants in the world’s capital markets and other users of financial information make economic decisions; to promote the use and rigorous application of those standards; in fulfilling the objectives associated with (a) and (b), to take account of, as appropriate, the needs of a range of sizes and types of entities in diverse economic settings; and to promote and facilitate adoption of IFRSs, being the standards and interpretations issued by the IASB, through the convergence of national accounting standards and IFRSs.

    0Thank You

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    • Posted by Tashleen Kaur 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Ankit Arya 6 years, 4 months ago

    Net income on the accrual basis of accounting will be 11,00,000 (7,00,000 +13,00,000 - 9,00,000) Net income on the cash basis of accounting will be 16,50,000 (7,00,000 + 10,00,000 + 5,00,000 -5,50,000)

    0Thank You

    ANSWER

    • Posted by Raju Mankawade 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Akash Bhat 6 years, 5 months ago

    Accounting is the art of recording, summarising and maintaining the financial information to the users

    0Thank You

    ANSWER

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