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Subject: Accountancy, asked on 22/5/18

when only interest on capital is written in an entry what does that mean in terms of the business' assets liabilities and capital

Subject: Accountancy, asked on 20/5/18

interest on capital in terms of accounting equation

Subject: Accountancy, asked on 20/5/18

Purchased a typewriter for official and Personal use of the proprietor in terms of accounting equation

Subject: Accountancy, asked on 20/5/18

Pls tell journal format because it is different in different books.

Subject: Accountancy, asked on 16/5/18

prepare journal entries:a.sold goods to divya 10000 b.received 9800 from divya in full settlement of her account c.cash deposited in the bank 6000 d.mayank returned goods of list price 2000 e.returned goods to rakesh list price 2,000.

Subject: Accountancy, asked on 16/5/18

Show the effect of the following transactions on assets, liabilities and capital: a) Capital brought in the business b) Loan taken c) Purchased fixed asset for cash d) Purchased goods on cash e) Sold goods for cash at profit f) Sold goods on credit at profit g) Purchased goods on credit h) Return of goods on credit at profit i) Sold goods for cash at profit j) Return of goods by a customer k) Return of goods of supplier l) Payment received from a customer to whom cash discount was allowed m) Payment made to a supplier who allowed cash discount n) Payment of expenses like salary o) Expenses due but not paid p) Receipt of an income q) Income due but not received r) Income received in advance or unearned income s) Depreciation on fixed assets t) Interest on capital u) Interest on drawings v) Cash or goods withdrawn for personal use w) Repayment of loan x) Security deposit from tenants y) Bad debts z) Goods destroyed by fire​

Subject: Accountancy, asked on 15/5/18

This is question for nellu chathli mam... mam in 44th minute of accounting equation lecture there was salary outstanding.. mamin salary outstanding you decreased amount from capital and added to salary outstanding column.. mam my question is thatWHY CANT WE DECREASE CASH???? instead of decreasing capital why cant we dicrease cash????because we have to pay to our workers at one point right?? so the cash will get decreased?? or the capital?? plz answer this qquestion mam. this is the quesion from class after may 9th that is the next tution slide after source document. this question is from class on 11th i thik so

Subject: Accountancy, asked on 14/5/18

To Loan from Bank           
To Ajay
To Vijay

Subject: Accountancy, asked on 13/5/18

Pls check my solution is it correct because Meritnation solution is different .
Pls tell me why it is correct/incorrect with explanation.
Especially of date Jan 18 and Jan 25.

Subject: Accountancy, asked on 8/5/18

Is settlementand full settlement same ????

Subject: Accountancy, asked on 6/5/18

If total assets are Rs.4,00,000 ; net worth is Rs.1,20,000 & profit is Rs.25,000 ; Compute the creditors.

Subject: Accountancy, asked on 6/5/18

From the follwong info. Find the Capital of Vijay: Total Assets Rs.5,00,000 ; Creditors Rs.1,00,000 ; Loan From Bank Rs.1,50,000.

Subject: Accountancy, asked on 25/12/17

which voucher will be prepared for this....and how to draft it ..

3. Shivani Cycle Company , Kanpur sends the following goods to Shruti Sales Corporation, Jabalpur by goods train :

40 Bicycles Gold Star @ Re 650 per bicycle

20 Bicycles Avon @ Re 625 per bicycle

50 Bicycles Rallis @ Re 700 per bicycle.

The goods were sent on 10% trade discount and R/R was sent through State Bank of India, Main Branch. The seller made the following expenses—packing Re 150, cartage Re 75, freight Re 650. The seller received a draft of  Re 5,000 in advance. The seller gives 3 % discount on spot payment and 2% discount if payment is made within a month.
Prepare a proper invoice and also make an imaginary bank draft and prepare a suitable voucher for the above transaction.

Subject: Accountancy, asked on 24/12/17

What is the balance of discount, credit or debit? (We have to take in account discount received or discount allowed?)

Subject: Accountancy, asked on 18/12/17

Pls answer fast .... Its important

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