On 01-04-2006 Mr. Dhanpal started business with Rs.2,00,000
cash and opened a bank account with Rs.1,50,000. He
purchased furniture for his business for Rs.25,000. Goods
were bought from Deendayal for Rs.50,000 on credit. He sold
goods for Rs.27,000 in cash and 30,000 on credit. He paid
Rs. 2,500 for business expenses during April month. Rs.
10,000 was withdrawn for office purposes from the bank. Find
out the closing balance of cash and bank.
Answers were Sorted based on User's Feedback
Answer / vijendra dubey
You both are duffer plz ask this qust. to any FYJC student.
Even he will tell u the basic of accounts the Answer is
Cash-209500 & Bank 140000, bcoz jab credit pe purchase kiya
hai to Cash Ya bank ka relation kaha se aayega dude & the
2nd one jab bank se office purpose ke liye withdraw karoge
to tumhara cash bal nahi badhega kya....
Is This Answer Correct ? | 0 Yes | 0 No |
Provision of Bad Debts is made in compliance with the convention of -----------
What are the errors and the types of errors?
whatis meant by contigent liability
land Adn Building come under fixes assets or not?
why do you think you are sutable candidate for this post
i want the difference p&l a/c and Income and expediture statement
Expand ------RFQ
Journal entries if the following line items are given as adjustment in balance sheet and p l a/c Fire accident of inventory Case 1. No insurance coverage Case 2.partly insurance coverage Case 3. Fully insurance coverage
Loan sanctioned by Andhra bank was trasfered to current account. Pass journal entry
Expand----------STO
Short Answer on ______________House Rent allowance
what are share warrants?