Compute the capital of rahul at the begining of the year from the following information.
capital at the end of year---------- 75,000
drawings durin the year---------- 10,000
Paid Income tax--------------------- 2,000
Withdrew goods for domestic use----- 4,600
further captial introduces---------- 6,000
profit during the year---------------- 12,500
In question. no. 15 of TS grewal pg no. 19.20 , I think that if we calculate drawings for the whole year then the ans will come as 71,000 rs.
Soc can we do that.?
give any three advantages of single entry system of accounting?
in ch-19 why drawings have been added for six months , it was for 12 months...???
can you explain about the interest calculation in illustration 6 in the chapter accounts from incomplete records ?
In Q16 why the credit balance is shown as overdraft rather if credit word is used, it should mean that we are getting it which means that it should be our asset and not liability?
Write the meaning of double entry system and clear its two advantage and disadvantagea?
Is it compulsory to write working note with ur answer in exams? Is working note contain marks, as written in q14 of chapter 19 of TS grewal???
In ques. 36 of NPO in T.S Grewal, Sports material is entered in Expenditure side.. Why?
Isn't it an asset?
In Q- 14 how loan to a brother is a drawing,and i don't understand the additional capital part ,can u explain
In Q-9 how can sundry debtor be 7400 it is written 9600
I've a doubt in the chapter single entry system - why we add drawing and subtract additional capital in statement of profit and loss, usually we subtract drawings????
can you please clear my doubt as fast as possible .
Compute the capital of rahul at the begining of the year from the following information.
capital at the end of year---------- 75,000
drawings durin the year---------- 10,000
Paid Income tax--------------------- 2,000
Withdrew goods for domestic use----- 4,600
further captial introduces---------- 6,000
profit during the year---------------- 12,500
In question. no. 15 of TS grewal pg no. 19.20 , I think that if we calculate drawings for the whole year then the ans will come as 71,000 rs.
Soc can we do that.?
give any three advantages of single entry system of accounting?
in ch-19 why drawings have been added for six months , it was for 12 months...???
can you explain about the interest calculation in illustration 6 in the chapter accounts from incomplete records ?
In Q16 why the credit balance is shown as overdraft rather if credit word is used, it should mean that we are getting it which means that it should be our asset and not liability?
Write the meaning of double entry system and clear its two advantage and disadvantagea?
Is it compulsory to write working note with ur answer in exams? Is working note contain marks, as written in q14 of chapter 19 of TS grewal???
In ques. 36 of NPO in T.S Grewal, Sports material is entered in Expenditure side.. Why?
Isn't it an asset?
In Q- 14 how loan to a brother is a drawing,and i don't understand the additional capital part ,can u explain
In Q-9 how can sundry debtor be 7400 it is written 9600