Explore topic-wise InterviewSolutions in Current Affairs.

ANSWER:

FURNITURE a/c DR

to CASH a/c

( being furniture PURCHASED)

ANSWER:

bank account debit 490

discount ALLOWED Account debit 10

to KAILASH Account 500

Explanation:

1.book keeping is an ART of recording business dealings in a set of BOOKS. 2.goods are assets. 3.money INVESTED in business 4.drawings are things used for PERSONAL use. 5. goodwill is reputation

ANSWER:

Explanation:

CASH A/C DR.                1000

TO SALES A/C                                       1000

(Being cash sales for ANJU of rs 1000)

ANSWER:

TRUE PLEASE MARK me as BRAINLIEST

ANSWER:

PURCHASE a/c. DR. 6000

To Mr.X. 6000

Answer:

Explanation:

Furniture a/c DR xxxx          50000

To CASH a/c. xxxx                                    50000

(Being furniture BOUGHT from good LOOK company)

Answer:

2009 | | | |

1 Jan | Cash a/c Dr. | | 100000 |

| To CAPITAL a/c | | | 100000

| {Being BUSINESS | | |

| COMMENCED with | | |

| cash RS. 100000 } | | |

Answer:

EXPLANATION:

POSTAGE & Courier Expenses A/c     300

    To CASH A/c or Bank A/c                         300

(Being PAID postage and courier )

Answer:

Explanation:

Lic premium account...Dr..         3654

To CASH account....                                   3654

(Being LIFE insurance paid from cash/bank account, drawing account is debited because the insurance premium is paid for a person who is not related to business TRANSACTION. Any amount withdrawn from business for "personal use" is treated as drawing. Cash/bank account is credited because as per golden rules of ACCOUNTS, for REAL accounts entries passed will be credit what goes out)

ANSWER:

EXPLANATION:

BANK a/c DR

To SALES a/c

ANSWER:

Office/Miscellaneous exps. A/c DR. 300

To PURCHASES a/c 300

Explanation:

EXPLANATION:

PLEASE MENTION the WRITER's NAME

Explanation:

commission RECEIVED is ASSETS i.e debit

and and commission PAID is expenses i.e credit

Answer:

Explanation:

BY BANK a/c DR.

    To cash a/c Cr.

Entry for BORROWMONEY from bank

ANSWER:

TYPE writer a/c dr 750

to PURCHASES a/c. 750

(by purchases if type writer)

cash a/c dr. 1315

to SALES a/c 1315

(by cash sales)

ANSWER:

what about the QUESTION is?

is it SALES DAY BOOK or purchase day book

Answer:

Bank A/c. Dr. 3600

Discount CHARGES a/c. Dr. 400

To B.o.e 4000

Explanation:

on dr side of cb To Boe will COME with amount in bank column

ANSWER:

cash

to sales

sales

to hari .

commission.

to BANK

salary

to GOPAL

PLEASE COMPLETE your QUESTION

Answer:

First let's compare signs of cb and pb

cb = -

pb =+

How:-

because bank has got the PAYMENT of 3000 direct so its BALANCE has been increased while cb is still less with 3000 we NEED to add to cb

ANSWER:

D.Bank loan

Is the answer....

ANSWER:

HEY. dear if you don't MIND then please post the question from 3 to 6

Answer:

Deepak a/c Dr. 27000

Cash a/c Dr. 26460

Discount ALLOWED a/c Dr. 540

To SALES a/c 54000

Explanation:

Sales amt = 60000 - 10%td = 54000

Half amt RD = 27000 on which can was provided

Deepak made DEBTOR for rest amoun

ANSWER:

Journal entry:-

Mr dheke. Dr. 7650

To sales A/c. 7650

(being good SOLD to Mr dheke)

Explanation:

REMEMBER:-

Trade discount is never recorded we simply deduct it in journal entry whereas cash discount does GET recorded

Now how 7650 came:-

9000-(9000×15÷100)=7650

Answer:

Owner's Equity is defined as the PROPORTION of the TOTAL value of a company's ASSETS that can be CLAIMED by its the owners (sole proprietorship or PARTNERSHIP.

...

Components of Owner's Shareholder's Equity

Retained earnings. ...

Outstanding shares. ...

Treasury stock. ...

• Additional paid-in capital.

Answer:

Definition: Merchandise, often called inventory, is a GOOD or product that a RETAILER purchases and intends to sell for a PROFIT. ... ANYTHING that is on the sales floor for sale is considered merchandise because it's a product that they are hoping to sell to CUSTOMERS for a profit.

ANSWER:

i THINK that the answer is drawings

Explanation:

HOPE it HELPS you

ANSWER:

Bills receivable A/C.... Dr 20000

To Mr SHARMA 20000

Explanation:

Bills receivable is taken In debit because the PAYMENT is not MADE.... If the payment is made then we can take cash A/c

Bills receivable is an ASSET there is increase in asset... Debit.....

ANSWER

C's share = 3/10

remaining = 1 - 3/10 = 7/10

A's new share = 5/8 *7/10 = 35/80

B's new share =3/8 * 7/10 = 21/80

C's share = 3×8/10 ×8 = 24/80

here I MULTIPLIED by 8 to make same denominator of all three .

So new ratio = 35: 21 : 24 Answer

ANSWER:

CASH a/c. DR

To CAPITAL a/c

Answer:

businesses.

Explanation:

A current account is a TYPE of DEMAND deposit account which provides unlimited transactions depending upon the balance MAINTAINED in the account. A current account can be opened by entrepreneurs and professionals who deal with large transactions on a regular basis. In this article, we review the types of SBI current account that can be opened by business individuals in DETAIL.

Answer:

HELLO MATE this is ur answer

Explanation:

It is the process of RECORDING, classifying, summarizing, reporting and interpeting information about the economic activites of an organization . Accounting is very important and needed for any business transactions . It helps in recording, classifying and finally sumarizing the transactions in a bussiness ....

hope it helps PLS mark me as brainlist...

THANK you .....

have a nice day :)♡♡♡♡♡

ANSWER:

SECURITY a/c. DR 10000

To BANK a/c. 10000

Explanation:

5rs CUENTO ENFIN fifty-fifty dissect sudharega TECHNICIAN codification all p wimp

ANSWER:

it is called ADDITIONAL capital

Explanation:

HOPE it HELPS you

Answer:

The AMOUNT of interest that can be DEDUCTED in any particular year is LIMITED to a taxpayer's. It can't exceed that amount. ACCORDING to the IRS, investment income includes: "Your gross income from property held for investment (such as interest, dividends, annuities, and royalties).

ANSWER:

preparation of CASH is very IMPORTANT but in some CASE's it Will be adjusted in balance sheet.

ANSWER:

CASH A/C DR.

To RAM A/C

☺

ANSWER:

Ic+3_6&3/wud hsbucjwcwobwov, wuxcjbobbwoq️️️C kwvcowceieiviwvox

Answer:

Apprentice PREMIUM is the benefit the employer will be getting .It may be lower wages or longer working hours or valuable experience or knowledge .Some reputed COMPANIES CHARGE a fixed sum for taking as apprentice and for issuing apprentice certificate .This is called Apprentice fee or Apprentice Premium .

Answer:

She was also known as the Begum of AWADH (Oudh) and was the wife of the then LUCKNOW RULER, Nawab Wajid Ali Shah. Her maiden name was Muhammadi Khanum, and she was bestowed the title 'Hazrat Mahal' after the birth of their son, Birjis Qadr.

Explanation:

HOPE THIS HELPS YOU

EXPLANATION:

COMMISSION A/c-----debit

to bankA/C-----CREDIT

(being PAID commission)

ANSWER:

TRADING a/c - Cr

profit & LOSS a/c - DR

Answer:

accounts RECEIVABLE is ASSET, SHOW in asset SIDE in BALANCE sheet

accounts payable is liabilities, show in liabilities side in balance sheet

Answer:

yeah

Explanation:

INFORMATION management (IM) is the collection and management of information from ONE or more sources and the distribution of that information to one or more audiences. This sometimes INVOLVES those who have a STAKE in, or a right to that information.

ANSWER:

MANAGEMENT of INFORMATION it is INTERNAL because a has SECRET information

CHEQUE in HAND A/c DR. 2000

To Z's a/c. 2000

ANSWER:

cashA/c------debit

to bankA/c----credit

(being CHECK RECEIVED and DEPOSITED into BANK)