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Subject: Accountancy, asked on 10/12/17

how to solve this?? solution pls

Q3. Shivani Cycle Company, Kanpur sends the following goods to Shruti Sales Corporation. Jabalpur by goods train :
    40 Bicycles Gold Star @ Rs.650 per bicycle
    20 Bicycles Avon @ Rs. 625 Per bicycle
    50 Bicycles Rallis @ 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 Rs. 150, cartage Rs.75, freight Rs. 650. The seller received a draft of Rs. 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.
 

Subject: Accountancy, asked on 13/11/17

what will be the entry in cash book for drew cheque for office use.will it be contra entry?
please answer fast

Subject: Accountancy, asked on 15/10/17

difference between purchase book and cash book

Subject: Accountancy, asked on 9/10/17

1 question

Subject: Accountancy, asked on 6/10/17

23

Subject: Accountancy, asked on 21/9/17

Explain the steps please.

  Q7. Vijay, a consultant, during the financial year 2016-17 earned Rs. 4,00,000. Out of which he received Rs. 3,50,000. He incurred an expense of Rs. 1,70,000, out of which Rs. 40,000 are outstanding. He also received consultancy fee relating to previous year Rs. 45,000 and also paid Rs.20,000 expenses of last years

     You are required to determine his income for the year if

   (i) he follows Cash Basis of Accounting and 

   (ii) he follows Accrual Basis of Accounting.
                                                                                                   [(i) Rs. 2, 45,000 ; (ii) Rs. 2,30,000.]

Subject: Accountancy, asked on 19/9/17

Solve this:

Subject: Accountancy, asked on 17/9/17

Journalise:

Q. A machinery of Rs. 20,000 sold for Rs. 26,000, depreciation provided to date was Rs. 2,000, commission paid to selling agents was Rs. 1,500 and wages paid to workers for removing machine was Rs. 300.

Journalise the following transactions in the books of Neeraj:

 

Subject: Accountancy, asked on 15/9/17


Q. ​Prepare pavan account from the following
2013   Rs. 
1-Mar Goods purchased from Pavan 38000
6 Cash paid to pavan 5000
10 Goods returned to pavan 1500
14 Paid to pavan by cheque 6800
20 Discount allowed by pavan 5000
26 Goods purchased from Pavan for cash 2500
28 Furniture purchased from pavan 8000

Q. Prepare Sudha account from the following
2014   Rs. 
1-Feb Amount due from Sudha 8000
4 Goods sold to Sudha 11000
12 Goods returned to Sudha 4000
16 Cash recevied from Sudha 3000
22 Received cheque from Sudha 6000
28 Sudha account settled with 10% Discount  

 

Subject: Accountancy, asked on 12/9/17

i request you all to provide some practice questions of journal entries with GST included in it...i have accounts exam on day after tomorrow if anyone can help me it will be a great pleasure..:)

Subject: Accountancy, asked on 7/9/17

Enter the following transactions in a petty cash book having analysis columns for the month of December 2015. 1. Received from Head cashier ₹ 2,700. 3. Paid packing charges ₹ 204. 6. Paid for telegram ₹ 86. 9. Purchased 4 office file of ₹ 50 each. 13. Gave tips to watchman ₹ 40. 18. Gave advance to clerk ₹ 560. 22. Paid for printing ₹ 324. 25. Paid to Times newspaper for advertisement ₹ 548. 27. Paid cleaning and washing charges ₹ 92. 29. Gave donation ₹ 300. 31. Purchased revenue stamps 130

Subject: Accountancy, asked on 24/8/17

​​record the following transactions in the proper subsidiary books 1 jan 3 purchased from rathi and sons 100 notebooks @ 50 each 20 drawing book @rs 100 each 2.jan 8 sold to kailash and sons 200 pencils @ rs 5 each 400 pens @ 10 rs each 3.jan 10 purchased from sunshine and co 500 protractors @ rs 20 each 200 scales @ rs 10 each 4.jan 15 returned to rathi and bros 10 notebooks @ rs 50 each 5  jan 21 sold to m/s moon and co 500 markers @ rs 30 each 100 wax colours @ rs 15 each 6 kailash and sons returned to us 50 pens @rs 10 each

Subject: Accountancy, asked on 19/8/17

Paid for repair of premises Rupees 10000. Pass journal entry for this transaction and please explain it as well.

Subject: Accountancy, asked on 16/8/17

Why,in Q.24, information (vi), the Cartage A/C will be credited?

Subject: Accountancy, asked on 10/8/17

Is it true that ,during journal entry, if the information says that payment made by cheque then we have to put this transaction in Bank A/C and if it is just written that cheque is received then we have to put this in Cash A/C ?

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