List out all the personal , real and nominal accounts
what is the journal entry for dicount recieved and discount allowed??please explain...thanks....
what are the golden rules of accountancy about debit and credit ??what r the rules of recognition of nature of any account type so as to solve questions related to journal entry???pls help guys!!!
what is the journal entry for:
1)withdrew cash for office use
2)withdrew cash for personal use
3)withdreww good for personal use
How will I journalise the following entry:-
Drew Cash from bank for office...Rs. 1,000.
why won't we debit drawings account but rather debit cash account?
Can you Please show the Journal Entry of the following Transactions along with the final accounts of the same
2010
Jan1: Commenced business with cash 1,00,000
Jan2: Opened a bank account by depositing 50,0000
Jan 3: Bought goods for cash 15,000
Jan 5: Bought furniture for cash 10,000
Jan 6: Sold goods for cash 5,000
Jan 9: Bought goods from Ram of list price 10,000 less 10% trade discount.
Jan 11: Goods returned to ram of list price 1,500
Jan13: Sold goods to sohan for 12,000 less 10% trade discount
Jan15: Sohan returned goods of 1,000
Jan 16: Received a cheque from sohan for 6,000 which was endorsed to ram
Jan 17: Paid cash 1,500 to ram in full settlement of his account
Jan 18: Received cheque from sohan for 3,800 in full settlement of his account
Jan 19: Cheque of sohan lodged in bank
Jan 22: Paid salary 3,000 and rent 2,000 by cheques.
Jan 24: Bought goods from amar for 14,000 less 10% trade discount and 2% cash discount. Amar agreed to pay 50% price on the spot.
Jan 24: Sold goods to karan 6,000
Jan 25: Bank is advised to issue draft to amar for 4,500. Bank charged 50 for it.
Jan 27: Received cash from karan 2,000 and cheques 3,000 banked same day.
Jan 30: Bought furniture from gopi 4,000
plz give me the journal entry for :
1.commission recieved.............5000
2.deposited cash into bank..........10000 & plz explain.
what is a debit note and credit note?
How to write the following in double column cash book :-
Honoured our own acceptance by cheque.
What will be the journal entry of paid Life insurance premium Rs 5000
journalise the following transaction:
Received commission Rs.5000 half of which is in advance.
What type of accounts are purchase and sales account ? Real or nominal ?
what is entry of .paid into bank
List out all the personal , real and nominal accounts
what is the journal entry for dicount recieved and discount allowed??please explain...thanks....
what are the golden rules of accountancy about debit and credit ??what r the rules of recognition of nature of any account type so as to solve questions related to journal entry???pls help guys!!!
Chawla.
what is the journal entry for:
1)withdrew cash for office use
2)withdrew cash for personal use
3)withdreww good for personal use
How will I journalise the following entry:-
Drew Cash from bank for office...Rs. 1,000.
why won't we debit drawings account but rather debit cash account?
Can you Please show the Journal Entry of the following Transactions along with the final accounts of the same
2010
Jan1: Commenced business with cash 1,00,000
Jan2: Opened a bank account by depositing 50,0000
Jan 3: Bought goods for cash 15,000
Jan 5: Bought furniture for cash 10,000
Jan 6: Sold goods for cash 5,000
Jan 9: Bought goods from Ram of list price 10,000 less 10% trade discount.
Jan 11: Goods returned to ram of list price 1,500
Jan13: Sold goods to sohan for 12,000 less 10% trade discount
Jan15: Sohan returned goods of 1,000
Jan 16: Received a cheque from sohan for 6,000 which was endorsed to ram
Jan 17: Paid cash 1,500 to ram in full settlement of his account
Jan 18: Received cheque from sohan for 3,800 in full settlement of his account
Jan 19: Cheque of sohan lodged in bank
Jan 22: Paid salary 3,000 and rent 2,000 by cheques.
Jan 24: Bought goods from amar for 14,000 less 10% trade discount and 2% cash discount. Amar agreed to pay 50% price on the spot.
Jan 24: Sold goods to karan 6,000
Jan 25: Bank is advised to issue draft to amar for 4,500. Bank charged 50 for it.
Jan 27: Received cash from karan 2,000 and cheques 3,000 banked same day.
Jan 30: Bought furniture from gopi 4,000
plz give me the journal entry for :
1.commission recieved.............5000
2.deposited cash into bank..........10000 & plz explain.
what is a debit note and credit note?
How to write the following in double column cash book :-
Honoured our own acceptance by cheque.
What will be the journal entry of paid Life insurance premium Rs 5000
journalise the following transaction:
Received commission Rs.5000 half of which is in advance.
What type of accounts are purchase and sales account ? Real or nominal ?
what is entry of .paid into bank