Answer Posted / bindiya kushwaha

Trading A/c..... Dr
To, Closing stock

pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.

1944

---

What is fitting and fixtures?

2086

---

explain circumstances under which dissolution of solvent and insolvent partners are applicable using garners v/s murray rule

2238

---

What is the double entry system explain its rules with examples?

1059

---

what are the direct expense of loan department in banks.

1412

---

RPC Ltd. follows the written down value method of depreciating machinery year after year due to (a) Comparability. (b) Convenience. (c) Consistency. (d) All of the above

2189

---

Have you ever made mis reports and what are they?

994

---

Hey can any body tell me..What are negative assets?

2022

---

What is depreciation and how many types are there. Please give details?

1090

---

Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?

1843

---

what is general accounting

2148

---

What is the purpose of financial statements?

1021

---

hi...this is chaitanya fresh bcom computer graduate i need job in finance feild will i get in genpact, deloitte, bank of america, or any other mnc...?

1891

---

Describe me accounting rules

1885

---

Define fair value accounting?

1015

---