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Rydham Shah
Subject: Accountancy
, asked on 13/1/17
sir if the goods are stollen by the employee shuld v write loss by theft or loss by embezzelment?
Answer
4
Anchal Chugh
Subject: Accountancy
, asked on 12/1/17
how to prepare trading account if opening stock and closing stock are not given?
Answer
3
Shanaya
Subject: Accountancy
, asked on 4/1/17
What is the adjustment entry for prepaid insurance premium is Rs 20000
Answer
3
Shanaya
Subject: Accountancy
, asked on 4/1/17
Neha chopra ma'am my trial balance has matched but there is a credit balance of insurance company... So what should I do? Should I write more amount of insurance premium?
Answer
1
Shanaya
Subject: Accountancy
, asked on 3/1/17
Q. Prepare the journal form the following :
Mr. A started business of trading in electronic items with an initial capital of 15,00,000 . out of the said 15,00,000 he paid 11,00,000 towards purchase of goods from a supplier who comes from Delhi. He further spent 2,00,000 on furnishing the shop and 15,000 for purchase of furniture of shop. He opened a checking bank account by depositing 30,000 he spent 40,000 for getting pamphlets printed and distributed . He sold goods for 7,00,000 in cash and 3,10,000 on credit. Goods costing 20,000 were returned by customers .He further invested 5,00,000 in his business. He purchased more goods costing 8,00,000 out of which purchases of 2,00,000 were on credit. One day, a fire broke out in the shop and stock of 50,000 was completely destroyed . A received an insurance claim of 30,000 . He drew cash 3000 from bank for office use. He sold goods for 3,00,000 and allowed trade discount of 15,000. A paid salary to his employee 44,000 during the year. He insured the goods and paid insurance premium of 10,000 . A withdrew cash 70,000 and goods 2,000 for personal use during the year. He paid electric charge 50,000 during the year. H paid rent 2,75,000 to S.Sharma during the year. Some cash by embezzled by employee 3,000. He received an order form Mr. S of 1,000 and received 500 as advance along with the order . He paid for miscellaneous expenses for newspaper, tea etc 10,000 during the year. He paid 10,000 for telephone expenses and 5,000 for entertainment expenses . Goods costing 1,000 were donated to NGO during the year.
Answer
2
Fayad Mehamood.mk
Subject: Accountancy
, asked on 16/12/16
can anyone send me 2 term question paper
Answer
2
Fayad Mehamood.mk
Subject: Accountancy
, asked on 9/12/16
should we open all account as time passes in xam so what I should do
Answer
1
Fayad Mehamood.mk
Subject: Accountancy
, asked on 29/11/16
i need a question of accounting equation to practise
Answer
1
Fayad Mehamood.mk
Subject: Accountancy
, asked on 28/11/16
in exam should we open all account in ledgers like if i entry is cash to capital can i open only cash or its required to open capital also ?
Answer
1
Lola
Subject: Accountancy
, asked on 14/11/16
commission received by cheque in accounting equation
Answer
2
Fayad Mehamood.mk
Subject: Accountancy
, asked on 9/11/16
mine question what journal pass for cheques received deposit was done on same day and other case if it is deposits another day
Answer
2
Fayad Mehamood.mk
Subject: Accountancy
, asked on 8/11/16
can anyone explain the journal of bank is deposited on same and aother day please
Answer
2
Ujjwal Sancheti
Subject: Accountancy
, asked on 5/11/16
What is called primary books of accounts?
Answer
2
John
Subject: Accountancy
, asked on 21/10/16
Journalise the entry : Sold goods to Sonu 20,000 ? according to me the answer should be Sonu A/c Dr. to cash A/c . If this is not the correct answer, please tell the right one and justify also please !? URGENT
Answer
3
John
Subject: Accountancy
, asked on 21/10/16
Please journalise the following : Purchased goods from Manu on credit 25,000?
Answer
2
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What are you looking for?
Mr. A started business of trading in electronic items with an initial capital of 15,00,000 . out of the said 15,00,000 he paid 11,00,000 towards purchase of goods from a supplier who comes from Delhi. He further spent 2,00,000 on furnishing the shop and 15,000 for purchase of furniture of shop. He opened a checking bank account by depositing 30,000 he spent 40,000 for getting pamphlets printed and distributed . He sold goods for 7,00,000 in cash and 3,10,000 on credit. Goods costing 20,000 were returned by customers .He further invested 5,00,000 in his business. He purchased more goods costing 8,00,000 out of which purchases of 2,00,000 were on credit. One day, a fire broke out in the shop and stock of 50,000 was completely destroyed . A received an insurance claim of 30,000 . He drew cash 3000 from bank for office use. He sold goods for 3,00,000 and allowed trade discount of 15,000. A paid salary to his employee 44,000 during the year. He insured the goods and paid insurance premium of 10,000 . A withdrew cash 70,000 and goods 2,000 for personal use during the year. He paid electric charge 50,000 during the year. H paid rent 2,75,000 to S.Sharma during the year. Some cash by embezzled by employee 3,000. He received an order form Mr. S of 1,000 and received 500 as advance along with the order . He paid for miscellaneous expenses for newspaper, tea etc 10,000 during the year. He paid 10,000 for telephone expenses and 5,000 for entertainment expenses . Goods costing 1,000 were donated to NGO during the year.