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Amit started business with cash 5,00,000 Purchased goods on credit 50,000 Paid to creditors 30,000 Paid salaries 5,000

Posted by Marinette Dupaing Cheng 9 months ago

Jharkhand Board > Class 11 > Accountancy

2 answers

Cash account........ debit 5,00,000 To Capital account 5,00,000 Purchased account.......debit 5,00,000 To credit Account 5,00,000 Creditors account.....debit 30,000 To cash account 30,000 Salaries account.....debit 5,000 To cash account 5,000

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Unique Alone 4 months ago

Cash account debit 500000 Capital account 500000

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Ch 1 notes

Posted by Ayush Singh 9 months ago

Jharkhand Board > Class 11 > Accountancy

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Ledger

Posted by Sanjiv Kumar 1 year, 1 month ago

Jharkhand Board > Class 11 > Accountancy

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What is bill of exchange

Posted by Saket Dwivedi 1 year, 1 month ago

Jharkhand Board > Class 11 > Accountancy

1 answers

Preeti Dabral 1 year, 1 month ago

The Bill of Exchange is an instrument in writing containing an unconditional order signed by the drawer directing a certain person or to the bearer of the instrument to pay a certain sum of money only to or to the order of a certain person.

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What is account

Posted by Sakshi Keshri 1 year, 4 months ago

Jharkhand Board > Class 11 > Accountancy

1 answers

Preeti Dabral 1 year, 4 months ago

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities.

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You are a senior accountant of ramona enterprise limited. What three stepps would you take to make your company's financial statements understandable and desision useful

Posted by Ritesh Yadav 1 year, 7 months ago

Jharkhand Board > Class 11 > Accountancy