Manju started business with Rs.10000?state whether the
following transcation is business transcation or non
business transcation?with reson?
Answer / shi
Manju! invested Rs. 10000 of her personal
Funds to start up a business, so its a
Business transaction, and Manju has an
owners equity for the same amount in her
Capital Account. of the Business.
Is This Answer Correct ? | 5 Yes | 0 No |
what is capital market and money market? what is primary market and secondary market?
Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572
Expand---------BCDE
what is the frienge benefits tax?what is usefull?
what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching
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please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
What is Mortgage Payment?
Expand CCA?
What is the difference between Cash accounting System and Mercantile system of accounting
EXPAND_________SHRC
Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry