pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.

0 Answers   Marketing Sales,

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a company recive 5 demand draft in different parties 2 DD sumittted to bank for collection and it's collected. what is the closing entry of other 3 DD in the company on that date?

0 Answers  

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Explain the Parameters required in the Setup of Financial Option and Payable Option

0 Answers   Accenture,

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salary and rent provision entry in tally erp 9

4 Answers   RVSA,

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What are premises in accounting sense? What is vat adjustment?

0 Answers  

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under the modified cash basis of accounting, most revenues and expenses are recognized on the cash basis. Which one of the following items is an EXCEPTION to this accounting practice? a.Advertising b.Professional Fees. c.Supplies d.Rent

0 Answers  

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WHAT ELEMENTS OF YOUR JOB JNTEREST YOU THE MOST AND LEAST?

0 Answers  

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IS CASH DISCOUNT/RECIVED IS OPERATING EXPENSE/INCOME?

2 Answers  

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Why we Deduct TDS ?

6 Answers  

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difference between stock and share

2 Answers   Genpact,

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What is the cost of goods sold?

4 Answers  

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What is Bank Reconciliation Statement? How to calliculate in tally erp9.0?

0 Answers  

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