10977 + Interview Questions in Secondary School in Accountancy

1.	Interest on debenture for half year is to be provided
Answer» We calculate Interest on debentures at a fixed rate on its nominal (FACE) value payable quarterly, HALF yearly or yearly as per the terms of issue. The rate of interest is a prefix value to the DEBENTURE, say 9% Debentures and, therefore, is payable EVEN if the COMPANY incurs a loss. It is a charge against profit.

Discussion

2.	Give the journal Entry in case where the goods are sold intra-state to Mr. Ajay List Price is Rs.70,000 and CGST @ 6% and SGST @ 6%. pls help urgent
Answer» PLEASE MARK it as the BRAINLIEST answer. Hope this HELPS you.

Discussion

3.	After 12th B. Com is good or BBA
Answer» ANSWER: I THINK B.Com will be GOOD...

3.

After 12th B. Com is good or BBA

Answer»

ANSWER:

I THINK B.Com will be GOOD...

Discussion

4.	2. Show the effect of following transactions on Accounting Equation:Namita started with business with Cash 780,000. Stock = 25.000 and Furniture 3 45,000(2) Purchased goods on credit * 15,000(3) Sold goods on credit (Costing 5,000) for $4,500Bad debts written off 400(5) Goods returned back worth 1,000 to suppliers.(6) Cash paid to creditors 13,800 in full settlement.Bad debts recovered 300(8) Depreciate Furniture by 4,500(9) Commission paid in advance 600.(10) Commission due but not received 800(11) Furniture costing 8,000 sold for 7,800(12) Additional capital introduced 10,000
Answer» EXPLANATION: *GOOGLE* PE DEKHO MIL jayenga

4.

2. Show the effect of following transactions on Accounting Equation:Namita started with business with Cash 780,000. Stock = 25.000 and Furniture 3 45,000(2) Purchased goods on credit * 15,000(3) Sold goods on credit (Costing 5,000) for $4,500Bad debts written off 400(5) Goods returned back worth 1,000 to suppliers.(6) Cash paid to creditors 13,800 in full settlement.Bad debts recovered 300(8) Depreciate Furniture by 4,500(9) Commission paid in advance 600.(10) Commission due but not received 800(11) Furniture costing 8,000 sold for 7,800(12) Additional capital introduced 10,000

Answer»

EXPLANATION:

GOOGLE PE DEKHO MIL jayenga

Discussion

5.	(iv) Goods sold costing * 6,000 to M/s. Kalu Sons at an invoice price 25% above costl5% Trade Discount.
Answer» ANSWER: the SELLER price is5400 Explanation: PLEASE Mark as brainliest and follow me

5.

(iv) Goods sold costing * 6,000 to M/s. Kalu Sons at an invoice price 25% above costl5% Trade Discount.

Answer»

ANSWER:

the SELLER price is5400

Explanation:

PLEASE Mark as brainliest and follow me

Discussion

6.	Subscriptions receivable for the year 2017-18 amounted to rupees 400Should we add or subtract it
Answer» ANSWER: if it is *for* *future* year( prepaid or rcvd. in adv.) SUBSTRACT it. if there is outstanding amount for future year add it. If there is outstanding AMOUNT for current year substract it. hope u got** it..

6.

Subscriptions receivable for the year 2017-18 amounted to rupees 400Should we add or subtract it

Answer»

ANSWER:

if it is for future year( prepaid or rcvd. in adv.)

SUBSTRACT it.

if there is outstanding amount for future year

add it.

If there is outstanding AMOUNT for current year

substract it.

hope u got it..

Discussion

7.	ઉદાહરણ 1 : હિરલ દર મહિનાની શરૂઆતમાં { 500નો ઉપાડ કરે છે. જો ઉપાડ પર વાર્ષિક 10 % લેખે વ્યાજ વસૂલ કરવાનુંહોય તો કુલ વાર્ષિક ઉપાડ અને ઉપાડ પર વ્યાજ શોધો.
Answer» ANSWER: can you TELL EXPLANATION: the TRANSLATION of this

7.

ઉદાહરણ 1 : હિરલ દર મહિનાની શરૂઆતમાં { 500નો ઉપાડ કરે છે. જો ઉપાડ પર વાર્ષિક 10 % લેખે વ્યાજ વસૂલ કરવાનુંહોય તો કુલ વાર્ષિક ઉપાડ અને ઉપાડ પર વ્યાજ શોધો.

Answer»

ANSWER:

can you TELL

EXPLANATION:

the TRANSLATION of this

Discussion

8.	Show the accounting equation on the basis of following transaction and prepare a balance sheet on the basis of last equation1. Opening Balance: Cash ₹ 20000, Bank ₹ 5000, Creditors ₹ 5000, Capital ₹50000, Stock, ₹ 20000, Debtors ₹ 10000.2. Purchased goods for cash ₹ 7500 and credit for ₹ 5000.3. Goods costing ₹ 10000 sold at 20% profit , half of the amount received in cash.4. Cash stolen away ₹ 50005. ₹ 6000 for commission received in advance.6. Bad debts ₹ 500please help
Answer» Answer: Prepare Accounting EQUATION from the following: (a) STARTED business with Cash ₹ 2,00,000. (b) Purchased goods for Cash ₹ 60,000 and on Credit ₹ 1,50,000. (C) Sold goods for Cash costing ₹ 40,000 at a profit of 20% and on Credit costing ₹ 72,000 at a profit of 25%.

8.

Show the accounting equation on the basis of following transaction and prepare a balance sheet on the basis of last equation1. Opening Balance: Cash ₹ 20000, Bank ₹ 5000, Creditors ₹ 5000, Capital ₹50000, Stock, ₹ 20000, Debtors ₹ 10000.2. Purchased goods for cash ₹ 7500 and credit for ₹ 5000.3. Goods costing ₹ 10000 sold at 20% profit , half of the amount received in cash.4. Cash stolen away ₹ 50005. ₹ 6000 for commission received in advance.6. Bad debts ₹ 500please help

Answer»

Answer:

Prepare Accounting EQUATION from the following: (a) STARTED business with Cash ₹ 2,00,000. (b) Purchased goods for Cash ₹ 60,000 and on Credit ₹ 1,50,000. (C) Sold goods for Cash costing ₹ 40,000 at a profit of 20% and on Credit costing ₹ 72,000 at a profit of 25%.

Discussion

9.	“Accounting is the process of identifying, measuring and communicatingeconomic information to permit informed judgements and decision by users ofinformation.” Explain this statement.please help me as fast u can help
Answer» ANSWER: as WELL as POSSIBLE of the JUDGEMENTS WRITE answer

9.

“Accounting is the process of identifying, measuring and communicatingeconomic information to permit informed judgements and decision by users ofinformation.” Explain this statement.please help me as fast u can help

Answer»

ANSWER:

as WELL as POSSIBLE of the JUDGEMENTS

WRITE answer

Discussion

10.	সুনাম দুই বছরের ক্রয়ের ভিত্তিতে বিগত তিন বছরের গড় মুনাফার ওপর পরিমাপ করা হয়। বিগত তিন বছরের মুনাফা হল40,000 টাকা, 30,000 টাকা ও 10,000 টাকা (ক্ষতি)। সুনামের মূল্য হবে(a) 15,000 টাকা(b) 25,000 টাকা(c) 40,000 টাকা(d) 60,000 টাকা
Answer» ANSWER: I am BENGALI so I can answer so FOLLOW me and MAKE my answer BRAINLIST answer

10.

সুনাম দুই বছরের ক্রয়ের ভিত্তিতে বিগত তিন বছরের গড় মুনাফার ওপর পরিমাপ করা হয়। বিগত তিন বছরের মুনাফা হল40,000 টাকা, 30,000 টাকা ও 10,000 টাকা (ক্ষতি)। সুনামের মূল্য হবে(a) 15,000 টাকা(b) 25,000 টাকা(c) 40,000 টাকা(d) 60,000 টাকা

Answer»

ANSWER:

I am BENGALI so I can answer so FOLLOW me and MAKE my answer BRAINLIST answer

Discussion

11.	Paid salries Rs.20,000 rent Rs.5000 and wages Rs.6000 by cheque
Answer» 14074000 PLS MARK me BRAINLIST

11.

Paid salries Rs.20,000 rent Rs.5000 and wages Rs.6000 by cheque

Answer»

14074000

PLS MARK me BRAINLIST

Discussion

12.	Majeshir shabd sarkhe shab sanga
Answer» Answer: 'majet' HA EK SHABD Aahe ani 'changla', ha pan aahe 'masta' he TEEN shabd majeshir sarkhe aahe

12.

Majeshir shabd sarkhe shab sanga

Answer»

Answer:

'majet' HA EK SHABD Aahe

ani 'changla', ha pan aahe

'masta'

he TEEN shabd majeshir sarkhe aahe

Discussion

13.	Trekking in and on heels and mountain range true or false
Answer» TRUE is the RIGHT ANSWER

Discussion

14.	How to calculate abc classification
Answer» ANSWER: ACCORDING to which BASIS we have to CLASSIFY it????

14.

How to calculate abc classification

Answer»

ANSWER:

ACCORDING to which BASIS we have to CLASSIFY it????

Discussion

15.	Pass the journal entry :Mr.Ramesh sales stock of Rs.20000 to Mr.RakeshAnd Mr.Rakesh sales machinery of Rs.20000 to Mr.Ramesh
Answer» ANSWER: Explanation: Ramesh's A/c .....DR. 200 To sanitizer A/c... 200

15.

Pass the journal entry :Mr.Ramesh sales stock of Rs.20000 to Mr.RakeshAnd Mr.Rakesh sales machinery of Rs.20000 to Mr.Ramesh

Answer»

ANSWER:

Explanation:

Ramesh's A/c .....DR. 200

To sanitizer A/c... 200

Discussion

16.	prepare accounting equations : 1)kunal started bussines with cash Rs 250000 2)He purchased furniture for cash Rs 35000 3)He paid commission Rs2000 4)He purchased goods for credit Rs 40000 5)He sold goods (costing Rs 20000) for cash Rs 26000 (5)
Answer» Explanation: ASSET always equal to LIABILITIES PLUS CAPITAL.

16.

prepare accounting equations : 1)kunal started bussines with cash Rs 250000 2)He purchased furniture for cash Rs 35000 3)He paid commission Rs2000 4)He purchased goods for credit Rs 40000 5)He sold goods (costing Rs 20000) for cash Rs 26000 (5)

Answer»

Explanation:

ASSET always equal to LIABILITIES PLUS CAPITAL.

Discussion

17.	) Write off 75% of Rs. 80,000 regarding bills sent.) Bill not prepared Rs. 1,60,000.in a Accounting ma final account in effect ketali aapavani and kya aapavani
Answer» ANSWER: pta nahi iske answer toh kisi or SE PUCH LO

17.

) Write off 75% of Rs. 80,000 regarding bills sent.) Bill not prepared Rs. 1,60,000.in a Accounting ma final account in effect ketali aapavani and kya aapavani

Answer»

ANSWER:

pta nahi iske answer toh kisi or SE PUCH LO

Discussion

18.	परचेज गुड्स फ्रॉम मनीषा फॉर दो लाख 85 पर्सेंट डिस्काउंट
Answer» ANSWER: s kunki GUSSA NAI karna chahiye

18.

परचेज गुड्स फ्रॉम मनीषा फॉर दो लाख 85 पर्सेंट डिस्काउंट

Answer»

ANSWER:

s kunki GUSSA NAI karna chahiye

Discussion

19.	Paid to Bablu towards interest 500 (please solve this Question)
Answer» ANSWER: I GUESS UR QS is incomplete ask the FULL qs

19.

Paid to Bablu towards interest 500 (please solve this Question)

Answer»

ANSWER:

I GUESS UR QS is incomplete

ask the FULL qs

Discussion

20.	Following transactions took place in Ms Goodluck Computers. Prepare the Accounting Vouchers20:206.00032.5001 Bought Computer Mouse 4 Nos vide Cash Memo No 3388 Wages paid for the month of December 201912 Purchased two Desktop Computers from Mis Computech for cash vide Cash Memo No 17025 Paid cash to Han & Sons vide receipt No. 102 for repairs28 Paid postageJan 30 Cash withdrawn from bank1.000
Answer» Answer: hume AAGAR jaise computer ya laptop se february me ya may me agar kise ke paise JAMA karne ho ya uske laptop computer me KUCH kharabi aajati hai to HUM computer wale ya laptop wale ke PAS jate hai

20.

Following transactions took place in Ms Goodluck Computers. Prepare the Accounting Vouchers20:206.00032.5001 Bought Computer Mouse 4 Nos vide Cash Memo No 3388 Wages paid for the month of December 201912 Purchased two Desktop Computers from Mis Computech for cash vide Cash Memo No 17025 Paid cash to Han & Sons vide receipt No. 102 for repairs28 Paid postageJan 30 Cash withdrawn from bank1.000

Answer»

Answer:

hume AAGAR jaise computer ya laptop se february me ya may me agar kise ke paise JAMA karne ho ya uske laptop computer me KUCH kharabi aajati hai to HUM computer wale ya laptop wale ke PAS jate hai

Discussion

21.	Of the remainder byPurchased goods from Sumit for? 40,000 on 10% trade discount and 3% cash discountand paid 3/4 of the amount by cash.Oct. 9count received 2,700; Sept. 06 Discount received * 3,200,
Answer» ANSWER: write proper question EXPLANATION: DONT UNDERSTAND the question

21.

Of the remainder byPurchased goods from Sumit for? 40,000 on 10% trade discount and 3% cash discountand paid 3/4 of the amount by cash.Oct. 9count received 2,700; Sept. 06 Discount received * 3,200,

Answer»

ANSWER:

write proper question

EXPLANATION:

DONT UNDERSTAND the question

Discussion

22.	Construct a balance sheet by putting the below mentioned heads Cash - 50,000 Stock - 12,000 Furniture - 96,00 Prepaid Expenses - 2000 Accrued income - 500 Creditors- 1,500 Lenders - 95,00 Outstanding expenses - 1100 Capital- 62,000
Answer» ANSWER: please mark me BRAINLIST and FOLLOW me in brainly then I will surely answer to your question mate

22.

Construct a balance sheet by putting the below mentioned heads Cash - 50,000 Stock - 12,000 Furniture - 96,00 Prepaid Expenses - 2000 Accrued income - 500 Creditors- 1,500 Lenders - 95,00 Outstanding expenses - 1100 Capital- 62,000

Answer»

ANSWER:

please mark me BRAINLIST and FOLLOW me in brainly then I will surely answer to your question mate

Discussion

23.	Which of the following insurance premium Can be pay on amzon
Answer» ANSWER: all PARTY LEADERS are in PROCESS for the REST

23.

Which of the following insurance premium Can be pay on amzon

Answer»

ANSWER:

all PARTY LEADERS are in PROCESS for the REST

Discussion

24.	Interest on capital is allowed on
Answer» ANSWER: Here is your answer Explanation: Loans Hope it helps you PLZZZ FOLLOW me and mark it as BRAINLEST

24.

Interest on capital is allowed on

Answer»

ANSWER:

Here is your answer

Explanation:

Loans

Hope it helps you

PLZZZ FOLLOW me and mark it as BRAINLEST

Discussion

25.	Mohit, Shobhit and Rohit are partners sharing profits and losses in the ratio 2 : 1 : 1. Rohit is guaranteed a profit of 14,000. The firm incurred a profit of 20,000 during the year. Calculate the amount of deficiency borne by Mohit and Shobhit. (1)
Answer» ANSWER: cosA/1+sinA + 1+sinA/cosA=2secA

25.

Mohit, Shobhit and Rohit are partners sharing profits and losses in the ratio 2 : 1 : 1. Rohit is guaranteed a profit of 14,000. The firm incurred a profit of 20,000 during the year. Calculate the amount of deficiency borne by Mohit and Shobhit. (1)

Answer»

ANSWER:

cosA/1+sinA + 1+sinA/cosA=2secA

Discussion

26.	From the following balance sheet of softlook co ltd. as at 31st march 2010. find goodwill. good should be valued at 5 yrs purchase of super profits. avg profit is 75000 fof Last 3 yrs. fair return on capital emp is 10%PLZ ANSWER ASAP:)
Answer» Answer: ... 5 yrs purchase of super profits. avg profit is 75000 FOF Last 3 yrs. fair RETURN ... Normal rate of return on capital EMPLOYED is 10 %.

26.

From the following balance sheet of softlook co ltd. as at 31st march 2010. find goodwill. good should be valued at 5 yrs purchase of super profits. avg profit is 75000 fof Last 3 yrs. fair return on capital emp is 10%PLZ ANSWER ASAP:)

Answer»

Answer:

... 5 yrs purchase of super profits. avg profit is 75000 FOF Last 3 yrs. fair RETURN ... Normal rate of return on capital EMPLOYED is 10 %.

Discussion

27.	Premium for goodwill is distributed 1 pointin: *O old ratioO new ratioO gaining ratioO sacrificing ratio
Answer» ACCOUNTING treatment of goodwill in case of a admission of a new partner: If the incoming partner brings any premium over and above his capital contribution at the TIME of his admission, such premium should be distributed to other existing partners. when a new partner is admitted to a firm, the old partners generally sacrifice in favour of the new partner in terms of lower profit sharing ratio in the future. Therefore, the premium for goodwill BROUGHT in by the new partner SHALL be given to the existing partners. There can be two ways for the treatment of goodwill: 1. Goodwill account is raised in the books of the firm by debiting goodwill account or crediting partners capital A/c in old ratio and written off in new profit sharing ratio. 2. Premium for goodwill should be adjusted through partners capital account by debiting new partners share of goodwill to his account and crediting old partners capital account in sacrificing ratio

27.

Premium for goodwill is distributed 1 pointin: *O old ratioO new ratioO gaining ratioO sacrificing ratio

Answer»

ACCOUNTING treatment of goodwill in case of a admission of a new partner:

If the incoming partner brings any premium over and above his capital contribution at the TIME of his admission, such premium should be distributed to other existing partners. when a new partner is admitted to a firm, the old partners generally sacrifice in favour of the new partner in terms of lower profit sharing ratio in the future. Therefore, the premium for goodwill BROUGHT in by the new partner SHALL be given to the existing partners.

There can be two ways for the treatment of goodwill:

1. Goodwill account is raised in the books of the firm by debiting goodwill account or crediting partners capital A/c in old ratio and written off in new profit sharing ratio.

2. Premium for goodwill should be adjusted through partners capital account by debiting new partners share of goodwill to his account and crediting old partners capital account in sacrificing ratio

Discussion

28.	(Ans. N.P. divided A 0,995, B{ 0,493 allu4पी और एस ने 1 जनवरी 2016 को क्रमशः ₹ 1,000, ₹ 10,000 की पूँजी के साथ साझेदारी फर्म शुरू की। 1 माच,2016 को पी ने ₹4,000 की अतिरिक्त पूँजी लगायी। उस दिन 'एस' ने अपनी पूँजी से ₹3,000 निकाले। 'सी' ने 1 जुलाई,2016 को ₹15,000 की पूँजी के साथ फर्म में प्रवेश किया। उस दिन 'पी' और 'एस' क्रमशः ₹ 6,000 और ₹5,000. कीअतिरिक्त पूँजी लगायी। लाभ-हानि पूँजी अनुपात में विभाजित किये जाते है। वर्ष 2016 के लाभ ₹ 29,800 थे। पूरी गणनादेते हुए लाभ एवं हानि विनियोजन (विभाजन) खाता बनाइए।P and S started a partnership firm on 1 January 2016 with a capital of ₹10,000 respectively. On 1 March,2016 P introduced additional capital of 34,000. On that day S withdrew 3,000 from his capital. C enteredin the firm on 1* July 2016 with a capital of 15,000. On that day P and S introduced additional capital of₹6,000 and ₹5,000 respectively. Profit-Loss are distributed in capital ratio. The profits for the year2016were * 29,800. Prepare Profit & Loss Appropriation A/c by giving detailed calculations.ided P₹ 8.800,S₹12,000 and C₹9,000),
Answer» ANSWER: PLEASE TRANSLATE in ENGLISH

28.

(Ans. N.P. divided A 0,995, B{ 0,493 allu4पी और एस ने 1 जनवरी 2016 को क्रमशः ₹ 1,000, ₹ 10,000 की पूँजी के साथ साझेदारी फर्म शुरू की। 1 माच,2016 को पी ने ₹4,000 की अतिरिक्त पूँजी लगायी। उस दिन 'एस' ने अपनी पूँजी से ₹3,000 निकाले। 'सी' ने 1 जुलाई,2016 को ₹15,000 की पूँजी के साथ फर्म में प्रवेश किया। उस दिन 'पी' और 'एस' क्रमशः ₹ 6,000 और ₹5,000. कीअतिरिक्त पूँजी लगायी। लाभ-हानि पूँजी अनुपात में विभाजित किये जाते है। वर्ष 2016 के लाभ ₹ 29,800 थे। पूरी गणनादेते हुए लाभ एवं हानि विनियोजन (विभाजन) खाता बनाइए।P and S started a partnership firm on 1 January 2016 with a capital of ₹10,000 respectively. On 1 March,2016 P introduced additional capital of 34,000. On that day S withdrew 3,000 from his capital. C enteredin the firm on 1* July 2016 with a capital of 15,000. On that day P and S introduced additional capital of₹6,000 and ₹5,000 respectively. Profit-Loss are distributed in capital ratio. The profits for the year2016were * 29,800. Prepare Profit & Loss Appropriation A/c by giving detailed calculations.ided P₹ 8.800,S₹12,000 and C₹9,000),

Answer»

ANSWER:

PLEASE TRANSLATE in ENGLISH

Discussion

29.	Complete the following sentencerevenue arising as a result of business transaction is kn.ow as
Answer» 1. income 2. debit 3. PREPAID expenditure 4. trade discount 5. BUSINESSMAN

29.

Complete the following sentencerevenue arising as a result of business transaction is kn.ow as

Answer»

1. income

2. debit

3. PREPAID expenditure

4. trade discount

5. BUSINESSMAN

Discussion

30.	prepare sales book from following transactions of navdeep furniture house ludhiana assuming chst @6% and [email protected]%
Answer» ANSWER: who is that who is GIVING 5 SOFA at 18000

30.

prepare sales book from following transactions of navdeep furniture house ludhiana assuming chst @6% and [email protected]%

Answer»

ANSWER:

who is that who is GIVING 5 SOFA at 18000

Discussion

31.	What is ideal ratio of current assets
Answer» Answer: 2:1 Explanation: The ideal current RATIO is 2: 1. It is a stark indication of the FINANCIAL soundness of a business concern. When Current ASSETS double the current LIABILITIES, it is considered to be satisfactory. Higher value of current ratio indicates more liquid of the firm's ability to pay its current OBLIGATION in time.

31.

What is ideal ratio of current assets

Answer»

Answer:

2:1

Explanation:

The ideal current RATIO is 2: 1. It is a stark indication of the FINANCIAL soundness of a business concern. When Current ASSETS double the current LIABILITIES, it is considered to be satisfactory. Higher value of current ratio indicates more liquid of the firm's ability to pay its current OBLIGATION in time.

Discussion

32.	Sign board account is which account
Answer» ANSWER: Signboard will be considered as an asset. The entry will be : It will be ADDED in ADVERTISING account on asset SIDE of balance sheet. Explanation: hope it helps you...!!!...

32.

Sign board account is which account

Answer»

ANSWER:

Signboard will be considered as an asset. The entry will be : It will be ADDED in ADVERTISING account on asset SIDE of balance sheet.

Explanation:

hope it helps you...!!!...

Discussion

33.	Bookkeeping and accounting are one stand the same thing
Answer» ANSWER: yes✅...........

33.

Bookkeeping and accounting are one stand the same thing

Answer»

ANSWER:

yes✅...........

Discussion

34.	111. Transaction of Revenue Expense :For following transactions of May 2014, write Journal entry in the booles of Shashank :Puid 500 for refrestumen at inaugural function of slop.2 Purchased necessary books of accounts
Answer» Answer: Accountancy Dk Goel 2018 for CLASS 11 Commerce Accountancy Chapter 3 - Books Of Original Entry Journal DOWNLOAD PDF Share with your friends Share Textbook Solutions Class 11 Accountancy Books Of Original Entry Journal Accountancy Dk Goel 2018 Solutions for Class 11 Commerce Accountancy Chapter 3 Books Of Original Entry Journal are provided here with simple step-by-step explanations. These solutions for Books Of Original Entry Journal are EXTREMELY popular AMONG Class 11 Commerce students for Accountancy Books Of Original Entry Journal Solutions come handy for quickly completing your homework and preparing for exams. All questions and answers from the Accountancy Dk Goel 2018 Book of Class 11 Commerce Accountancy Chapter 3 are provided here for you for free. You will also love the ad-free EXPERIENCE on Meritnation’s Accountancy Dk Goel 2018 Solutions. All Accountancy Dk Goel 2018 Solutions for class Class 11 Commerce Accountancy are prepared by experts and are 100% accurate. Page No 9.5

34.

111. Transaction of Revenue Expense :For following transactions of May 2014, write Journal entry in the booles of Shashank :Puid 500 for refrestumen at inaugural function of slop.2 Purchased necessary books of accounts

Answer»

Answer:

Accountancy Dk Goel 2018 for CLASS 11 Commerce Accountancy Chapter 3 - Books Of Original Entry Journal

DOWNLOAD PDF

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Textbook Solutions Class 11 Accountancy Books Of Original Entry Journal

Accountancy Dk Goel 2018 Solutions for Class 11 Commerce Accountancy Chapter 3 Books Of Original Entry Journal are provided here with simple step-by-step explanations. These solutions for Books Of Original Entry Journal are EXTREMELY popular AMONG Class 11 Commerce students for Accountancy Books Of Original Entry Journal Solutions come handy for quickly completing your homework and preparing for exams. All questions and answers from the Accountancy Dk Goel 2018 Book of Class 11 Commerce Accountancy Chapter 3 are provided here for you for free. You will also love the ad-free EXPERIENCE on Meritnation’s Accountancy Dk Goel 2018 Solutions. All Accountancy Dk Goel 2018 Solutions for class Class 11 Commerce Accountancy are prepared by experts and are 100% accurate.

Page No 9.5

Discussion

35.	Ram purchased Goods for cash₹5000
Answer» ANSWER: YEA WHATS the REST of the QUESTION

35.

Ram purchased Goods for cash₹5000

Answer»

ANSWER:

YEA WHATS the REST of the QUESTION

Discussion

36.	Elucidate the statement that "In the preparation and Presentation of Financial Statements accountants always balance between Relevance, Reliability, Comparability and Consistency." Also outline limitations of financial accounting.
Answer» ANSWER: SRY because I need POINTS iam so SORRY.

36.

Elucidate the statement that "In the preparation and Presentation of Financial Statements accountants always balance between Relevance, Reliability, Comparability and Consistency." Also outline limitations of financial accounting.

Answer»

ANSWER:

SRY because I need POINTS iam so SORRY.

Discussion

37.	Prepare Income & Expenditure from the following : Receipts Amount Payments Amount (For the year ended on 31/3/2019)
Answer» Answer: 5 LAKH 78 THOUSAND 400 THIS IS THE ANS MARK AS BRILLIANT THEN THANKS MY ALL ANSWERS PLEASE

37.

Prepare Income & Expenditure from the following : Receipts Amount Payments Amount (For the year ended on 31/3/2019)

Answer»

Answer:

5 LAKH 78 THOUSAND 400 THIS IS THE ANS MARK AS BRILLIANT THEN THANKS MY ALL ANSWERS PLEASE

Discussion

38.	How many magic stones are there in the film Avengers end game?
Answer» $\huge\purple{Answer\::}\downarrow$ six magical GEMS This is basically how, when and where our much-loved AVENGERS GET each of the INFINITY Stones back in Endgame so they can reverse the Snapture and save the day. The Infinity Stones are six magical gems scattered throughout time and space. HOPE IT HELPS YOU...✌

38.

How many magic stones are there in the film Avengers end game?

Answer»

$\huge\purple{Answer\::}\downarrow$

six magical GEMS

This is basically how, when and where our much-loved AVENGERS GET each of the INFINITY Stones back in Endgame so they can reverse the Snapture and save the day. The Infinity Stones are six magical gems scattered throughout time and space.

HOPE IT HELPS YOU...✌

Discussion

39.	started business with cash ₹2,00,000 ,goods ₹ 1,00,000 ,furniture ₹50,000..Journalise the transaction
Answer» ANSWER: hhjjjj6 I KNOW I have a PROBLEM here and MEN and I are you know that I don't want you are my friends and men are going out to get a

39.

started business with cash ₹2,00,000 ,goods ₹ 1,00,000 ,furniture ₹50,000..Journalise the transaction

Answer»

ANSWER:

hhjjjj6 I KNOW I have a PROBLEM here and MEN and I are you know that I don't want you are my friends and men are going out to get a

Discussion

40.	Purchased goods list price of 80,000 @ 10% trade discount and 2% cash discount 25% of amount paid immediately. The amount posted to cash account will be _________
Answer» EXPLANATION: Purchases A/C DR. RS. 72,000 To CASH Discount A/C Rs. 1800 To cash A/C Rs. 70,200

40.

Purchased goods list price of 80,000 @ 10% trade discount and 2% cash discount 25% of amount paid immediately. The amount posted to cash account will be _________

Answer»

EXPLANATION:

Purchases A/C DR. RS. 72,000

To CASH Discount A/C Rs. 1800

To cash A/C Rs. 70,200

Discussion

41.	Legacy received by NPO to be used for specific purpose is accounted as?
Answer» Answer: Legacy Donation RECEIVED by NPO to be used for SPECIFIC purpose is ACCOUNTED as. REVENUE Receipt.

41.

Legacy received by NPO to be used for specific purpose is accounted as?

Answer»

Answer:

Legacy Donation RECEIVED by NPO to be used for SPECIFIC purpose is ACCOUNTED as. REVENUE Receipt.

Discussion

42.	मार्स कंस्ट्रक्शन लिमिटेड गेट से कांटेक्ट ऑफ रूपीस 500 करो टू बिल्ड ए न एलिवेटेड रोड टू बी कंप्लीटेड 5 ईयर्स द डायरेक्टर ऑफ कंपनी वांट टू डिटरमाइंड प्रॉफिट और लॉस ऑन द कॉन्ट्रैक्ट ओनली आफ्टर कंपलीशन ऑफ द कांटेक्ट डायरेक्टरी जस्टिफाइड इन हिस अप्रोच एक्सप्लेन विद रीजन in english
Answer» Answer: agge GB e in e YB I DC Explanation: PLEASE FOLLOW me and MARK me as brain list please don't forget about me and my mom

42.

मार्स कंस्ट्रक्शन लिमिटेड गेट से कांटेक्ट ऑफ रूपीस 500 करो टू बिल्ड ए न एलिवेटेड रोड टू बी कंप्लीटेड 5 ईयर्स द डायरेक्टर ऑफ कंपनी वांट टू डिटरमाइंड प्रॉफिट और लॉस ऑन द कॉन्ट्रैक्ट ओनली आफ्टर कंपलीशन ऑफ द कांटेक्ट डायरेक्टरी जस्टिफाइड इन हिस अप्रोच एक्सप्लेन विद रीजन in english

Answer»

Answer:

agge GB e in e YB I DC

Explanation:

PLEASE FOLLOW me and MARK me as brain list please don't forget about me and my mom

Discussion

43.	(Questions Carrying 1 Mark)Q. 1. Name the financial statements of a Company.
Answer» Answer: so much sorry my dear FRIEND please follow me I don't know what is the answer so much sorry EXPLANATION: TAKE CARE and miss you so much my dear brother

43.

(Questions Carrying 1 Mark)Q. 1. Name the financial statements of a Company.

Answer»

Answer:

so much sorry my dear FRIEND please follow me I don't know what is the answer so much sorry

EXPLANATION:

TAKE CARE and miss you so much my dear brother

Discussion

44.	Gulab and Khushbu were partners in a firm sharing profits in the ratio of 3:2. From 1st April, 2014, Kanta joined as a partner for ⅕share and they decided to share future profits in the ratio 5:3:2. For this purpose, the goodwill of the firm was valued at ₹2,50,000.Pass necessary journal entry for the treatment of goodwill on change in the profit sharing ratio of Gulab, Khushbu and Kanta.
Answer» Explanation: GULAB and Khushbu were partners in a firm sharing profits in the ratio of 3:2. From 1st APRIL, 2014, Kanta JOINED as a partner for ⅕ SHARE and they decided to share future profits in the ratio 5:3:2. For this purpose, the goodwill of the firm was valued at ₹2,50,000. Pass necessary journal entry for the TREATMENT of goodwill on change in the profit sharing ratio of Gulab, Khushbu and Kanta. please make me brainlist bro h ffj64j8tefpjuxt

44.

Gulab and Khushbu were partners in a firm sharing profits in the ratio of 3:2. From 1st April, 2014, Kanta joined as a partner for ⅕share and they decided to share future profits in the ratio 5:3:2. For this purpose, the goodwill of the firm was valued at ₹2,50,000.Pass necessary journal entry for the treatment of goodwill on change in the profit sharing ratio of Gulab, Khushbu and Kanta.

Answer»

Explanation:

GULAB and Khushbu were partners in a firm sharing profits in the

ratio of 3:2. From 1st APRIL, 2014, Kanta JOINED as a partner for ⅕

SHARE and they decided to share future profits in the ratio 5:3:2.

For this purpose, the goodwill of the firm was valued at

₹2,50,000.

Pass necessary journal entry for the TREATMENT of goodwill on

change in the profit sharing ratio of Gulab, Khushbu and Kanta.

please make me brainlist bro h

ffj64j8tefpjuxt

Discussion

45.	सfrom the following particulars, calculate thesubs carphon amount to be credited to theincome and expenditure Account Por the yearsending 31st DecemberDecember 2013.Subscaiption Received in 2013- 16000Subscopron outstanding on 1* Jamuway, 2013 - 900Subscal or on outstanding on 384 december 2013 - 1300Subscaqpton Received in advance on istJandag.750subscsiphon Recetved in achuensee ongistbe cemiya, Bite20132013540
Answer» EXPLANATION: i don't KNOW ANSWER of this QUESTION

45.

सfrom the following particulars, calculate thesubs carphon amount to be credited to theincome and expenditure Account Por the yearsending 31st DecemberDecember 2013.Subscaiption Received in 2013- 16000Subscopron outstanding on 1* Jamuway, 2013 - 900Subscal or on outstanding on 384 december 2013 - 1300Subscaqpton Received in advance on istJandag.750subscsiphon Recetved in achuensee ongistbe cemiya, Bite20132013540

Answer»

EXPLANATION:

i don't KNOW ANSWER of this QUESTION

Discussion

46.	Help ..its part of exam..any one solve..accounting
Answer» SORRY i can't SOLVE this

Discussion

47.	Unsold goods at the end of year RS 10000 journal entry
Answer» ANSWER: Closing stock _____dr. 10000 Purchase _____________cr. 10000

47.

Unsold goods at the end of year RS 10000 journal entry

Answer»

ANSWER:

Closing stock _____dr. 10000

Purchase _____________cr. 10000

Discussion

48.	Provide 9% interest on capital amounting to2,00,000 ki journal entry
Answer» ANSWER: interest EXPENSE _____dr. 18000 interest payable/capital ____cr. 18000

48.

Provide 9% interest on capital amounting to2,00,000 ki journal entry

Answer»

ANSWER:

interest EXPENSE _____dr. 18000

interest payable/capital ____cr. 18000

Discussion

49.	Example :Sachin starts a business with a Capital of 55,00,000. He purchases goods for34,00,000 for Cash and sells 3/4th of these goods for 33,80,000. He also pays 20,000as rent of the godown.The following results can be drawn from the above :
Answer» Answer: 89 Explanation: BECOMING I NEED POINTS

49.

Example :Sachin starts a business with a Capital of 55,00,000. He purchases goods for34,00,000 for Cash and sells 3/4th of these goods for 33,80,000. He also pays 20,000as rent of the godown.The following results can be drawn from the above :

Answer»

Answer:

89

Explanation:

BECOMING I NEED POINTS

Discussion

50.	1Estimated txnable income of Mr. Bhatia is rs 840000and tds is rs 10000. (paid) Write down advancetax payment schedule
Answer» Answer: keep as brainlest plzzz Explanation: Brainly.in What is your QUESTION? 1 dipika8710 27.08.2019 Accountancy Secondary School +5 pts Answered Paid Transport CHARGES Rs 10000 at 5% GST. calculate CGST and SGST 2 SEE ANSWERS Log in to add comment Answer 4.0/5 6 GauravRj Helping Hand 12 answers 354 PEOPLE helped Answer: CGST:- 250 SGST:- 250 Explanation: CGST+SGST= IGST 5%÷2=2.5% CGST=10000×2.5÷100 SGST=10000×2.5÷100

50.

1Estimated txnable income of Mr. Bhatia is rs 840000and tds is rs 10000. (paid) Write down advancetax payment schedule

Answer»

Answer:

keep as brainlest plzzz

Explanation:

Brainly.in

What is your QUESTION?

1

dipika8710

27.08.2019

Accountancy

Secondary School

+5 pts

Answered

Paid Transport CHARGES Rs 10000 at 5% GST. calculate CGST and SGST

2

SEE ANSWERS

Log in to add comment

Answer

4.0/5

6

GauravRj

Helping Hand

12 answers

354 PEOPLE helped

Answer:

CGST:- 250

SGST:- 250

Explanation:

CGST+SGST= IGST

5%÷2=2.5%

CGST=10000×2.5÷100

SGST=10000×2.5÷100

Discussion

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HOPE IT HELPS YOU...✌

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परचेज गुड्स फ्रॉम मनीषा फॉर दो लाख 85 पर्सेंट डिस्काउंट

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Purchased goods list price of 80,000 @ 10% trade discount and 2% cash discount 25% of amount paid immediately. The amount posted to cash account will be _________

Legacy received by NPO to be used for specific purpose is accounted as?

(Questions Carrying 1 Mark)Q. 1. Name the financial statements of a Company.

Help ..its part of exam..any one solve..accounting

Unsold goods at the end of year RS 10000 journal entry

Provide 9% interest on capital amounting to2,00,000 ki journal entry

Example :Sachin starts a business with a Capital of 55,00,000. He purchases goods for34,00,000 for Cash and sells 3/4th of these goods for 33,80,000. He also pays 20,000as rent of the godown.The following results can be drawn from the above :

1Estimated txnable income of Mr. Bhatia is rs 840000and tds is rs 10000. (paid) Write down advancetax payment schedule