want 25 transactions with journal,ledger,trial balance,trading account,profit and loss account,balance sheet... for project
Pass journal entries, post in ledger and prepare trial balance and cash book :
1. X started business with cash rs. 800000, machinery 80000.
2. purchased goods for cash from A rs 90000 (trade discount rs 1000)
3. Brought goods from XYZ LTD rs 51500 (TD RS 1000)
4. Sold goods for cash rs 10000.
5.sold good to ram for 50000 allowing 5% cash discount and 10%trade discount and half amount recieved in cheque within specified time.
6. Recieved a cheque from mohan 18500 and discount allowed 1500.
7. Paid travelling expenses 2000.
8. goods returned to XYZ LTD rs 5000.
9. Mohan's cheque dishonoured,
10. Good returned to ram ltd 2500.
11. Cash paid to XYZ LTD 14700, discount received 300.
12. Brokerage received 600 from Y
13. Depreciation at machinery 10%
14. X widrew for his personal use 5000.
15. Cash withdrawn from bank for office use 5000.
16. X becomes insolvent, he paid 40 paisa in a rupee for his debts 60000.
what is VPP? and how is it treated in journal?
what will be the journal entry of -interest on bank overdraft Rs25000
Paid rent of building by cheque half of the building is used by the proprietor for residential use RS 500
journal and ledger ts grewal solutions class 11 th page no 8.60 q no. 21
Pass the following Journal Entries
1. Paid Income Tax ammounting to Rs.20,000 throughcheque.
2. Received a VPP for goods of Rs.490 , sent an employee who paid Rs.5 for Rickshaw Charges.
3. Cash A/c -Rs. 30,000; Closing Stock - Rs. 30,000 ;Machinery - Rs. 70,000;Debtors - Rs. 30,000 ; Creditors- Rs. 26,000 ;Capital - Rs. 1,18,000
4. Mohan's claim admitted Rs. 1000
5. Cashier reported a loss of Rs. 70 from the Cash Book.
6. Income Tax surplus .
7. Cheque received and retained of Rs. 20,00,000
8. Treatment of Sales Tax.
jounal entry for
received interest on loan from debtor
(purchased goods worth Rs. 10000 less 20% trade discount and 5% cash discount.) what is the journal?
received rs.975 from harikrishnain full settlement of his account for rs.1000
is the following entry correct?
cash a/c ...dr 975
discount allowed ...dr 25
to harikrishna a/c 1000
opened bank account with pnb 50000
chapter-9 books of original entry-journal
Journalise the following:
1)Rajan commenced business by introducing capital in cash rs 11000 and by cheque 150000.
2)Purchased car for 300000 by taking loan of 250000 from bank.
3)Purchased goods for 100000 and availed trade discount of 10000.
4)Paid rs 5000 to bank as installment,rs 2000 towards principal and 3000 as interest.
Cash column of the Cash book will always have a debit balance.Why/
want 25 transactions with journal,ledger,trial balance,trading account,profit and loss account,balance sheet... for project
Pass journal entries, post in ledger and prepare trial balance and cash book :
1. X started business with cash rs. 800000, machinery 80000.
2. purchased goods for cash from A rs 90000 (trade discount rs 1000)
3. Brought goods from XYZ LTD rs 51500 (TD RS 1000)
4. Sold goods for cash rs 10000.
5.sold good to ram for 50000 allowing 5% cash discount and 10%trade discount and half amount recieved in cheque within specified time.
6. Recieved a cheque from mohan 18500 and discount allowed 1500.
7. Paid travelling expenses 2000.
8. goods returned to XYZ LTD rs 5000.
9. Mohan's cheque dishonoured,
10. Good returned to ram ltd 2500.
11. Cash paid to XYZ LTD 14700, discount received 300.
12. Brokerage received 600 from Y
13. Depreciation at machinery 10%
14. X widrew for his personal use 5000.
15. Cash withdrawn from bank for office use 5000.
16. X becomes insolvent, he paid 40 paisa in a rupee for his debts 60000.
what is VPP? and how is it treated in journal?
what will be the journal entry of -interest on bank overdraft Rs25000
Paid rent of building by cheque half of the building is used by the proprietor for residential use RS 500
as early as possible
journal and ledger ts grewal solutions class 11 th page no 8.60 q no. 21
Pass the following Journal Entries
1. Paid Income Tax ammounting to Rs.20,000 throughcheque.
2. Received a VPP for goods of Rs.490 , sent an employee who paid Rs.5 for Rickshaw Charges.
3. Cash A/c -Rs. 30,000; Closing Stock - Rs. 30,000 ;Machinery - Rs. 70,000;Debtors - Rs. 30,000 ; Creditors- Rs. 26,000 ;Capital - Rs. 1,18,000
4. Mohan's claim admitted Rs. 1000
5. Cashier reported a loss of Rs. 70 from the Cash Book.
6. Income Tax surplus .
7. Cheque received and retained of Rs. 20,00,000
8. Treatment of Sales Tax.
jounal entry for
received interest on loan from debtor
(purchased goods worth Rs. 10000 less 20% trade discount and 5% cash discount.) what is the journal?
received rs.975 from harikrishnain full settlement of his account for rs.1000
is the following entry correct?
cash a/c ...dr 975
discount allowed ...dr 25
to harikrishna a/c 1000
opened bank account with pnb 50000
chapter-9 books of original entry-journal
Journalise the following:
1)Rajan commenced business by introducing capital in cash rs 11000 and by cheque 150000.
2)Purchased car for 300000 by taking loan of 250000 from bank.
3)Purchased goods for 100000 and availed trade discount of 10000.
4)Paid rs 5000 to bank as installment,rs 2000 towards principal and 3000 as interest.
Cash column of the Cash book will always have a debit balance.Why/