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Subject: Accountancy, asked on 28/6/17

How is the journal entry made when a personal asset is given for a new asset

Subject: Accountancy, asked on 25/6/17


Journalize the following transactions in the books of Mr. ABC Ltd.
Debit Balances on April 1, 2010
Cash at Bank:₹ 75,000; Sundry Debtors: ₹ 11,000; Stock: ₹ 25,000; Land & Building: ₹ 1,75,000.
Credit Balances on April 1, 2010
Sundry Creditors Pallavi: ₹ 15,000; Bank Loan: ₹ 25,000; Capital: ₹ 2,86,000 Transactions during the month of April, 2010:
2010 April
1 Purchased goods worth ₹ 20,000 for cash less 25% Trade discount.
4 Sold goods to Rajesh ₹ 20,000. 6 Purchased goods from Somesh worth ₹ 10,000.
9 Goods costing ₹ 1,000 distributed as free samples.
11 Received an amount of ₹ 2,000 from Brijesh which was previously written off as bad debt.
15 Paid to Somesh 1/3rd amount in cash and received 5% cash discount.
21 Received cash gift ₹ 11,000 from father with which purchased shares of Tata Co. for the business.
25 Repayment of bank loan with interest ₹ 5,000 (interest ₹ 100)
29 Sold goods to Rakesh ₹ 40,000 at 10% trade discount and received half the amount in cash for which 5% cash discount is given.
30 Paid for salary ₹ 4,000. 30 Withdrew cash from bank for personal purpose ₹ 1,000.

Subject: Accountancy, asked on 18/6/17

plz help me to the first journal

Subject: Accountancy, asked on 11/6/17

difference between e-commerce and e-business

Subject: Accountancy, asked on 7/6/17

dIf in a question we are given with nominal as well as real a/c or real as well as personal a/c or personal as well as nominal a/c, then which of them we would prefer and why??

Subject: Accountancy, asked on 31/5/17

Sold goods to M/s Ram Babu & Brothers for Rs 15,000 on list price, less trade discount 10% and 5% cash discount with a credit period of 7 days. M/s Rarn Babu & Brothers settled their account immediately.
Write Journal Entry

Subject: Accountancy, asked on 27/5/17

Recording video ia not coming mam

Subject: Accountancy, asked on 25/5/17

Ma'am i sent you 2 homeworks but that boxbe stuff is filtering your mails. I am not sure whether you recieved my mail or not. Can you please check and reply soon. I have some doubt on my 15may homework. I doubt whether i did it right. My email id -tushar1tayal@gmail.com.

Tushar Tayal

Subject: Accountancy, asked on 24/5/17

PREPARE AN ACCOUNTING EQUATION FROM THE FOLLOWING
​1.STARTED BUSINESS WITH CASH RS 50,000 AND GOODS RS 30,000
​2.PURCHASED GOODS FOR CASH RS 30,000 AND ON CREDIT FROM KARAN RS 20000
​3.GOODS COSTING RS 40,000 WERE SOLD FOR RS 55,000

4.WITHDREW CASH FOR PERSONAL USE RS 10,000
5.RENT OUTSTANDING RS 2,000

Subject: Accountancy, asked on 7/4/17

120 transactions that include journal,ledger,trail balance,and financial statement(transactions should include banking transactions,bills of exchange,returns,etcc.. from 11 th grade portions)

Subject: Accountancy, asked on 12/2/17

What is the need for sub-division in a journal ??

Subject: Accountancy, asked on 7/2/17

Apr1: paid insurance premium for three months rs3000
Pass the nescessary journal entry

Subject: Accountancy, asked on 6/2/17

Apr1:paid insurance premium rs2000 which includes rs 1000 of the next month.
Pass the journal entry.

Subject: Accountancy, asked on 3/2/17

Net sales during the year 2015 is Rs.4,75,000.Gross profit is 25% on sales.Find out the cost of goods sold.

Subject: Accountancy, asked on 16/1/17

what do we mean by COGS?

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