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Aravinda Financiers sanctioned a loan of Rs 250000. A cheque was sent after adjusting processing charges Rs 247250 Pass necessary entry
1882Create Good Will of Rs 125000 and apportioned between the existing partners A,B and C as per their sharing ratios 25%,35% and the remaing %. Pass journal entry
1 3586Ramana deposited directly in our Andhra Bank towards deposit for DealershipRs 15000/-Pass entry
6 8143Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry
2158Good will of Rs 100000 brought by D,a new partner was withdrawn by the partners in equal ratios.Pass required entries
1 3473Sold goods worth Rs 75000/- inexchange of old furniture worth Rs 15000/- and balance in cash. Pass entr for it
1 3891A furniture dealer purchased 10 units of sofa sets each costs 2500 out of which one is for shop purpose.Pass necessary entry
5 6188Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry
2140Ram, the proprietor brought additional capital of Rs 75000/- by pledging his wifes gold.pass entry
2178Purchase of goods worth Rs 354800 from Anand traders which is inclusive of vat tax 4%. Pass entry showing vat in detail
1 2859Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note
2056Post New Accounting AllOther Questions
How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?
Name some errors which can be detected by Trial Balance
What's the meaning of Preferential Creditor?
what is capital market and money market? what is primary market and secondary market?
how an accountant can do budgetery controls of expenses?
what is the main difference between nse & bse operations
Clasify capital
What exactly balance sheet depicts
the total of a firm id a rs.6.4 lakh.he has gross profit margin 15% curre ratio of rs.2.5 the firm current libility is rs.96000,inventry, rs.48000 and cash rs 16000. determine the average inventry of firm iss 5 times determine the avg collectin period of opening balance.
Harpithas due Rs 55000 was settled infull by taking Haris due Rs 12500 in adjustment Pass necessary entry
what is monetary polasy and how it is different from trade polacy? how it will impact on stockmarkets in India?
business sepsarate entity concepts
what is the difference between speculation & investment?
What do you think you do well?
what are the types of provisions that you would make for the end of a financial year?explain
