Webb1. Journalize the following transactions in the books of Gaurav, post them into ledger and prepare trial balance for June 2016 : June 1: Gaurav started business with Rs. 10,00,000 of which 25% amount was borrowed from wife. June 4: Purchased goods from Aniket worth Rs. 40,000 at 20% Trade Discount and 1/5th amount paid in cash. June 7: Cash … WebbThis page contains the CBSE accountancy class 11 chapter Recording of Transactions – I notes.You can find the questions/answers/solutions for the chapter 3 of CBSE class 11 accountancy in this page. So is the case if you are looking for CBSE class 11 Commerce related topic Recording of Transactions – I.
Received payment on account journal entry - FinancEazy
WebbEnter the date of receipt. Then enter bank name in the “Received from” column, ‘Interest received’ in “Account head” column, ‘Interest for the (period)’ in Narration and ‘1000’ in … WebbFör 1 dag sedan · If the prevailing interest rate for fixed deposits is 7% per annum, Ms. Jane received 3,500 as interest at the end of the year. Therefore, ‘Interest Received A/c’ … kiss of heaven photography
Issue and Redemption of Debentures Class 12 Important …
Webb24 nov. 2024 · (i) Received from Bharat cash ₹ 20,000, allowed him discount of ₹ 500. (ii) Received from Vikas ₹ 35,000 by cheque, allowed him discount of ₹ 750. (iii) Received from Akhil ₹ 38,000 in settlement of his dues of ₹ 40,000 in cash. (iv) Received from Amrit ₹ 50,000 by cheque on account against dues of ₹ 60,000. WebbQ. Give journal entries for the following adjustments in final accounts: (i) Salaries ₹ 5,000 are outstanding. (ii) Insurance amounting to ₹ 2,000 is paid in advance. (iii) ₹ 4,000 for … WebbJournal Entries Pass journal entries for the ... 13. Goods purchased Rs.30,000, carriage paid on them Rs.3,000. 14. Provide interest on capital @ 6%. 15. Goods costing Rs.1,000 ... Proprietor withdrew for private use Rs.4, 000 from office and Rs.6, 000 from bank. 20. Received cash for dividend on securities Rs.200 21. Purchased land and a ... m1tw50s6fsx water heater