Fill in the blank Drawings capital

1 Answers  

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Kindly solve the following problem. Financial accounting. 1. Bheema does not maintain his book in the double entry system . His books showed following facts. Receipts for the year ended 31.12.2007 from sundry Debtors 17625.00 Cash sales 4125.00 paid by bheema (proprietor) 2500.00 total 24250.00 payments made for the year ended 31.02.2007 new machinery purchased 625.00 drawings 1500.00 wages 6725.00 salaries 1125.00 interestpaid 75.00 telephone 125.00 Rent 1200.00 lighting 475.00 sundry expenses 2125.00 sundry creditors 7625.00 total 21600.00 Assets and Liabilities As on 31.12.2006 As at 31.12.2007 sundry creditors 2525.00 2400.00 sundry Debtors 3750.00 6125.00 Bank 625.00 ? stock 6250.00 3125.00 plant 7500.00 7315.00 from the Above data , prepare TRADING A/C, PROFFIT & LOSS A/C for the year ended 31st december 2007 and the BALANCE SHEET as on on that date. Kindly solve the problem

3 Answers  

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How to reduce axis bank Emi ?

0 Answers   Axis,

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Have you worked with other on team endeavors

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where do you enter a closing stock

11 Answers  

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what is the difference between cash flow and profit and loss account?

7 Answers  

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expand K V P

2 Answers  

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please send Model question Paper accounting related question for entrance test

2 Answers   ACS, Reliance,

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Short Answer on _________Accounts Receivable

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Hello to every body ... Its not its not a interview question In accounting field can we make Money ?

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If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???

0 Answers   MNC,

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golden rules of accounts

1 Answers  

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