Answer Posted / mr.eezy
from the following transactions prepare journal entries:
1- mr.mohammed started a business , with capital 200,000
2- deposited cash into bank 150,000
3- sold goods to mr.rajue 12,500 (on credit)
4- sold good to mr.sirah 11,000
5- purchased goods for cash 5,000
6- rent paid 5,000
7- paid advertisment expenses 2800
End__
my Question
how to know the name of a/c?
also oventuran ?
i cant understand Dr and cr i need exsamples for each one
| Is This Answer Correct ? | 0 Yes | 4 No |
Post New Answer View All Answers
Can v transfer trail balance to journal entry how and with example?
Expand---------SDRT?
Short Answer on __________Measurement
Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the 5th year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% p.a. At the end of the 5th Year the securities were sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.pass the journal entries and show the ledger accounts
Country-Western songs emphasize three basic themes: love, prison and trucks. A survey or the local Country-Western radio station produced the following data: 12 songs about a truck driver who is in love while in prison 2 about people in prison who are not in love and do not drive trucks 8 about people who are out of prison, are not in love, and do not drive a truck 13 about a prisoner in love 28 about a person in love 18 about a truck driver in love 16 about truck drivers who are not in prison 3 about a truck driver in prison who is not in love Find the number of songs about: a) How many songs were surveyed? b) truck drivers? c) prisoners? d) truck drivers in prison? e) people not in prison? f) people not in love?
What is compensation theorem?
How do you avoid loss situation
Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.
What is meant by Nostro Reconciliation
Short Answer on ______Amortization
Which Invoice issued on Central Sale Commercial or Retail?
How do you manage the sales account in tally
How to increase our credit rating score quickly?
EXPAND___________INMA
Expand-------ANC