http://www.allinterview.com New Audit Interview Questions en-us http://www.allinterview.com/showanswers/101172.html http://www.allinterview.com/showanswers/100496.html http://www.allinterview.com/showanswers/100437.html http://www.allinterview.com/showanswers/100436.html http://www.allinterview.com/showanswers/100225.html http://www.allinterview.com/showanswers/99878.html Internal and External Audit. http://www.allinterview.com/showanswers/99748.html TDS means Tax deduction source. This will charged on resource fee, printing charges . http://www.allinterview.com/showanswers/99244.html list of all accounts of company for the period is called trail balance http://www.allinterview.com/showanswers/98189.html an assets performing good or in position to mortgage for loan http://www.allinterview.com/showanswers/98129.html CASH DISCOUNT IS NEVER SHOWN IN THE JOURNAL ENTRY BUT TRADE DISCOUNT IS SHOWN IN THE JOURNAL ENTRY. (A)5% TRADE DISCOUNT PURCHASE A/C DR. 9500 DISCOUNT RECEIVED DR. 500 TO CASH A/C CR.10,000 http://www.allinterview.com/showanswers/98121.html 1.5000(w.capital) 2.25000(assets) 3.2000(Liabilities) http://www.allinterview.com/showanswers/98120.html i) Cash A/c Dr 5000 To Capital A/c 5000 (Being Capital Contributed) ii) Purchases A/c Dr 1000 To Cash A/c 1000 (Being CASH Purchase Made) iii) Ravi A/c Dr 500 To Furniture A/c 500 (Being Furniture Sold on Credit) http://www.allinterview.com/showanswers/98119.html 1 . furniture account is a real Account] http://www.allinterview.com/showanswers/98118.html Here you go!!! Cash Transaction 1) Anil Commenced business with Rs.10000 2) Bought Good for Rs.2000 3) Paid Balaji on account Rs.500 4) Commission Recd Rs.50 5) Took Loan from Bank Rs.20000 6) Paid Salary Res.200 7) Sold Goods fro Rs.1000 8) http://www.allinterview.com/showanswers/98117.html contra entry means it is treats in cash book and pass book two times two conditions is apply this entry namely: 1. cash depositted into bank for office useand cash a/c Dr to Bank a/c 2. cash with draw from bank f