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Subject: Accountancy, asked on 21/1/22

What is subsidiary book?

Subject: Accountancy, asked on 10/1/22

Provide the required solution

Subject: Accountancy, asked on 18/12/21

Prepare financial statements for the year 2016-2017

Subject: Accountancy, asked on 18/12/21

Prepare trial balance .......

Subject: Accountancy, asked on 17/12/21

Dear experts please answer this of my question I'm asking second time please answer quickly

Subject: Accountancy, asked on 17/12/21

Please answer this question clearly

Subject: Accountancy, asked on 11/12/21

Rent paid to landlord `70 has been credited to Rent A/c with `700. Now in rectifying entry Rent Account will be debited by which amount?
A: `700
B: `70
C: `770
D: `630

Subject: Accountancy, asked on 11/12/21

Classify the following into the various heads of Balance Sheet: (3)
1) Freehold Premises
2) Livestock
3) Advertisement Suspense A/c
4) Goodwill
5) Loan to Ankit
6) Life insurance Premium

Subject: Accountancy, asked on 9/12/21

Pass rectification entries for the following errors:
1) Cheque received from a debtor ?3,000 was directly received by the proprietor and
deposited in his own A/c.
2) A cheque of ?2,900 issued to a creditor is debited to purchases account.
3) Goods purchased on credit for ?12,500 was recorded as ?2,500 in Purchases A/c.
4) ?1,800 paid on installation of Machinery Equipment debited to Repairs A/c

Subject: Accountancy, asked on 4/12/21

Solve fast plzz..

Subject: Accountancy, asked on 19/11/21

Which method is most popular Trial Balance? State merits of it.

Subject: Accountancy, asked on 19/11/21

Daksh had an ambition to start a business.after completing his studies, he surveyed the market for business opportunity. He did a course in the production and marketing of handmade sheets, through which he would be recycling some of the waste material.on 1st April 2013 , he started his business with a capital of rs 500000 and borrowed rs 500000 from his friend at an interest of 8 % per annum. He purchased permises for rs 400000 and installed machinery valued at rs 100000. Loose tools of rs 80000 , furniture and fixtures of rs 150000 and a computer for rs 20000 were also purchased. All the cash was kept in a bank and payments were made through the bank. The following is a summary of transactions : Dye and chemicals rs 10000 total purchases rs 395000cash 205000credit rs 600000 total sales rs750000cash+250000 credit rs 1000000 wages rs 240000 electricity exp rs 18000 water exp rs 12000 cartage on purchases rs 24000 cartage on sales rs 30000 bpermises were insured on 1st OctoberOctober 2013, on a yearly premium of rs 24000.int on loan was paid by cheque and a part of loan of rs 100000 was paid at the year end. On 31st March 2014; 1 closing stock valued at rs 248000 2 wages of rs 20000 were still outstanding. 3 depriciation was to be provided @ 10 % per annum on machinery, loose tools and computer and @5 % per annum on premises and furniture and fixtures 4 a debtor of rs 7200 become insolvent and only 25 paisa in a rupees is expected to be realised form him you are required to : 1 journalise these transactions, post them into ledger accounts and perpare a trial balance 2 prepare financial statement for daksh.also, comment on the profitability and solvancy of the firm

Subject: Accountancy, asked on 9/11/21

pass rectifing entries and prepare suspense a/c
1. total of return outward book of 3400 omitted to be posted in ledger
2.purchases for 15000 wrongly entered in sales book through correctly entered in personal a/c
3. sales of 11000 wrongly credited to ms a/c as 10000
4. sales of furniture for 27000  wrongly credited to sales a/c  as 22500
5. rent ofproprietors residence 9000 debited to rent a/c
6. purchase book undercast by 5000
7. credit sales to g for 20000 wrongly passed through purchase book
 

Subject: Accountancy, asked on 26/10/21

suspense a /c always shows debit balance?

Subject: Accountancy, asked on 26/10/21

name the error committed by violating the rules of accounting

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