Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

amount drawn from propritors s b a/c Rs : 10000/-,
intridused in propritors current A/c same amount, and same
Rs :10000/- withdrawn by the propritors. please pass the
entries for this transaction in double entry system.

Answer Posted / kishore aggarwal

1.
cash a/c dr.

To prop. s/b cr.

2.prop. c/a dr.

to cash a/c

3.cash a/c dr

To prop. c/a

Is This Answer Correct ?    3 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How you can adjust entries into account?

1134


what are the adjustments and treatment with connection to the profit and loss appropriation accounts and how they do?

1940


From the following particulars taken on 31 December, 1995, you are required to prepare a bank reconciliation statement to reconcile the bank balance shown in the Cash Book with that shown in the Pass Book: (i) Balance as per Pass Book on 31 December, 1995, O/D Rs 1,027. (ii) Four cheques drawn on 31 December but not cleared till January are as follows: Rs 12; Rs 1,021; Rs 98; and Rs 113. (iii) Interest on O/D not entered in Cash Book Rs 51. (iv) Three cheques received on 30 December and entered in the bank column of the Cash Book but not lodged in bank for collection till 3 January next: Rs 1,160; Rs 2,100; and Rs 2,080. (v) Cost of cheque book, Pass Book, etc; Rs 1.50 entered twice erroneously in Cash Book in November. (vi) A Bill Receivable for Rs 250 due on 29 December, 1995 was passed to the bank for collection on 28 December, 1990 and was entered in Cash Book forthwith whereas the proceeds were credited in the Pass Book only in January following. (vii) Chamber of Commerce subscription Rs 10 paid by bank on 1 December, 1990 had not been entered in the Cash Book. (viii) Bank charges of Rs 5 had been debited in the pass book twice erroneously. . . . plz be fast

1973


Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.

3500


Explain what does the standard journal entry includes?

972


Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A

2272


What is royalty reserve?

7051


on the basis accounting,acounting is divided in to how many classes and what are they?

1714


how in the big companies the budget are prepared and controlled?

2089


How to make a entry in tally for Land & Building Purchased for RS.1,65,00,000/-(Total Consideration)Paid Installment wise as 30 lakh,10 lakh,20 lakh & 1,30,87,500

40241


List out some of the accrued expenses and the accounts in which you would record them?

936


What are mis reports and how do you prepare it?

973


Explain financial accounting. What are its characteristic features?

1062


what is the accounting treatment in tally of free goods received with goods purchased.

7035


my question is I am finance student I want to know which type of the question are asked by the interwier in interview.

1938