Question No 05 Chapter No 5 05. Enter the following transaction in the Journal of Marutinandan Stores: 2020 Jan.10 Purchased goods from Ghanshyam of the list price of 50,000 at 15% trade discount. Jan.13 Returned goods to Ghanshyam of Read More …
Question No 04 Chapter No 5 Q.4 Enter the following transaction in the book of Hari Shankar & Co. from the following: 2020 Rs Apr.1 Commission business with cash 50,000 Apr.2 Purchased goods from Subhash 20,000 Apr.4 Sold goods Read More …
Question No 03 Chapter No 5 Q.3 Enter the following transaction in the journal of Ganesh bros: 2017 Mar.3 Sold goods to Dev 1,00,000 Mar.5 Received from Dev in full settlement of his account 98,000 Mar.6 Sold goods Read More …
Question No 02 Chapter No 5 Q.2 Enter the following transaction in the Journal of Sahil Bros: 2018 Rs Oct-01 Purchased goods from Anil for Cash 40,000 Oct-03 Purchased goods from Atul 75,000 Oct-06 Returned goods to Atul 3,000 Read More …
Question No 01 Chapter No 5 Q.1 Enter the following transaction in the Journal of Manohar Lal & Sons 2019 Rs Mar-01 Manohar Lal & Sons started business with cash 60,000 Mar-02 Purchased furniture for cash 10,000 Mar-04 Purchased Read More …
Question No 01 Chapter No 4 Q.1. Classify the following accounts under personal, real, or nominal accounts: (i) Commission Paid (ii) Commission Received (iii) Commission Accrued (iv) Prepaid Salaries (v) Leasehold Property A/c (vi) Discount Allowed (vii) Carriage Inwards A/c Read More …
Question No 03 Chapter No 2 Q.3. On which side the decrease in the following accounts will be recorded? Also mention the nature of account:− 1 Machinery 5 Proprietor’s Account 2 Wages Paid 6 Debtor 3 Rent Received 7 Prepaid Read More …
Question No 02 Chapter No 2 Q.2. On which side the decrease in the following accounts will be recorded? Also mention the nature of account:− 1 Cash 5 Prepaid Insurance 2 Bank Overdraft 6 Manoj, Proprietor of the business 3 Read More …
Question No 01 Chapter No 2 Q1. On which side the increase in the following accounts will be recorded? Also mention the nature of account:− 1 Furniture 5 Proprietor’s Account 2 Rent Paid 6 Debtor 3 Commission Received 7 Creditor Read More …
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