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(b) I, II, IV only. FIRST error is a complete error of omission. Here Trial BALANCE MATCHES. Second error and forth error are both error of compensating. Here trial balance matches. Third error is an error of complete omission. Here trial balance doesn't match. I hope it HELPS :)

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Capital INCOME & EXPENDITURES - 2,4,5,6,7Revenue INCOMES & expenditures - 1,3,8,9,10I hope it helps :)

It is always suggested that there must be a partnership deed among the partners before getting into any partnership venture. But sometimes a partnership is STARTED without signing any such document. In this case the rules of partnership will be applicable as per the provisions of the Indian Partnership Act, 1932.  The following are the provisions that are relevant to the partnership accounts in absence of partnership deed.   (i) Profit Sharing Ratio: When a partnership deed is not made or even if it is made and silent on sharing of profit or losses among the partners of a firm, then according to the Partnership Act 1932, profits and losses are to be SHARED equally among all the partner of the firm.   (ii) Interest on Capital: When there is absence of partnership deed or the partnership deed is silent on the ISSUE related to interest on partner’s capital, then according to the Partnership Act 1932, no interest on partners’ capital will be provided. However, if they mutually agree on this issue than they are free to GIVE interest on capital out of the profit of the firm.  (iii)Interest on Drawings: there is no partnership PEED the issue ‘elated h die interest on drawing will be handled according to the provisions Partnership Act. 1932 According sc which no Interest on drawing will be charge loan the orders on withdraw in the form of drawings.   (iv) Interest on Partner’s Loan: When there is no partnership deed among the partners or the partnership deed is silent on interest on partner’s loan then according to the Partnership Act, 1932. the partners are entitled for 6% pa interest on the loan forwarded by them to the firm   (v) Salary to Partner: When partnership deed is not there or it is silent on the issue related to salary to a partner, then as per the rules of the partnership Act. 1932. no partner will be entitled to any salary.Explanation:

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____firstly, we make a realization account to SOLVE all adjustments that GIVEN in question.after we make PARTNER's capital account to SHARE all PROFIT and losses. and then we make balance sheet.

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☛Passive❋☛Mohanlal teaches US ENGLISH .━━━━━━━━━━━━━━━━━◉ English is taught by Mohanlal.━━━━━━━━━━━━━━━━━❋Rememeber:♚To change an ACTIVE VOICE sentence to a passive voice sentence:Make the object of the active sentence into the subject of the passive sentence.Use the verb “to be” in the same tense as the MAIN verb of the active sentence.Use the past participle of the main verb of the active sentence.

making adjustments for profits and drawings were RS.8 ... of every HALF year and Vineet -Rs. 1,00,000 WITHDRAWN on MARK as BRAINIEST for best answer

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MP = ₹10Discount = 10% of ₹10 = ₹ 1Selling price = MP - SP = ₹10-₹1 = ₹9.hope it helpsThank YOUMARK me as Brainliest pleasefollow me and I'll FOLLOW you BACK

k of both economists and STATISTICIANS includes the analysis of data, but economists focus on MARKET data while statisticians work to IMPROVE methods of data collection. Learn more about these two careers, and get SALARY and job outlook statistics.mark as brainlistand follow me mark karna bholna MAT

A common size INCOME statement is an income statement in which each line item is expressed as a percentage of the value of revenue or sales. It is used for vertical ANALYSIS, in which each line item in a FINANCIAL statement is REPRESENTED as a percentage of a BASE figure within the statement

tion:The going concern concept is a FUNDAMENTAL PRINCIPLE of accounting. It assumes that during and beyond the next fiscal period a company will complete its CURRENT plans, USE its existing assets and continue to MEET its financial obligations. Simply put, it is an assumption that the company will stay in business and that the value of its assets will endure. This underlying principle is also known as the continuing concern concept.hope it's helpmark as brainliest ❤️

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One of the biggest LIMITATIONS of ACCOUNTING is that it cannot measure things/events that do not have a monetary value. If a certain factor, no matter how IMPORTANT, cannot be expressed in money it finds no place in accountinghope you find it helpful :)if it was helpful then please mark me as BRAINLIEST and follow me for more GOOD answers.

tion:here is your answerEconomic ACTIVITY is the activity of making, providing, purchasing, or SELLING goods or SERVICES. Any action that involves producing, distributing, or consuming products or services is an ECONOMIC activity. ... Additionally, any activities involving money or the EXCHANGE of products or services are economic activities.hope it's helpful for you ☺️

महाकवि कालिदास ने अपने प्रसिद्ध ग्रंथ ऋतुसंहार की रचना का आधार भारत की छः ऋतुओं को बनाया है। भारत ही एक ऐसा देश है जहाँ एक ही वर्ष में छः ऋतुओं का चक्र गतिमान होता है। भारत में ग्रीष्म, वर्षा, शरद, शिशिर, पतझड़ तथा वसंत ये छ: ऋतुएँ क्रम से आती हैंप्रत्येक ऋतु की कालावधि दो मास की होती है। ग्रीष्म ऋतु या गर्मी की ऋतु में सूर्य का आतप अपने परम बिंदु पर होता है। भयंकर गर्मी, लू तथा तपती धूप से पृथ्वी तवे की तरह तपने लगती है। पेड़-पौधों की हरियाली नष्ट हो जाती है। ग्रीष्म की भयंकर तपन के बाद वर्षा की सजल ऋतु आती है। बादल झुक-झुककर धरती को अपनी रसवर्षा से सरस बना देते हैं। ग्रीष्म के भयंकर ताप से झुलसी प्रकृति हरियाली से भरी-पूरी हो जाती है। सावन के झूले और कजली के गीतों से पूरा वातावरण झूम जाता है। आकाश में ऐसे काले बादल छा जाते हैं कि चारों तरफ अँधेरा-सा हो जाता है।वर्षा ऋतु के बाद शरद ऋतु; न अधिक गर्मी न सर्दी। शरद ऋतु का मौसम सुहावना होता है। शरदकाल का चंद्रमा अपनी निर्मल चाँदनी के लिए जाना जाता है। कवियों ने इस ऋतु को ‘शरद् सुंदरी’ की संज्ञा दी है। विजयादशमी और दीपावली इस ऋतु में आनेवाले प्रमुख त्योहार हैं। शरद के बाद सर्दी बढ़कर बदन को कंपकंपाने लगती है और भूमंडल पर प्रकाश और ऊर्जा का संवाहक सूर्य उत्तरी गोलार्द्ध की ओर से दक्षिणी गोलार्द्ध की ओर जाने लगता है। हेमंत ऋतु आती है, जाड़ा आ जाता है। हेमंत के बाद जनवरी मास में पड़नेवाले मकर संक्रांति पर्व से शिशिर ऋतु का आगमन होता है। शिशिर पतझड़ की ऋतु कही जाती है, इसे वसंत-दूत भी कहते हैं। पेड़ों के पुराने पत्ते झड़कर नए पत्तों के आने अर्थात् बसंत के आगमन की सूचना देते हैं। बसंत इस प्रकार वृक्षों एवं वनस्पतियों को प्राचीनता से नवीनता की ओर अग्रसर कर देता है। बसंत में पेड़-पौधों में पुष्प, तालाबों में कमल, स्त्रियों में कामदेव का वास और हवा में सुगंध भर जाती है। रातें सुखयुक्त और दिन रम्य हो जाते हैं। इस प्रकार सब कुछ प्रियता को प्राप्त हो जाता है।

The time value of money is the DEGREE to which cash AVAILABLE today is worth more than the identical sum at some point in the future, DUE to its potential for growth. ... When investing in bonds, for example, the interest INCREASES the value of deposited cash over time if left reinvested.

rge BUSINESS concern a JOURNAL is divided into PARTS so that several clerk could work at the same time. This is known as subdivision of journal.Hope it will help you...

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Financial Statements show the following:1. How much the company is selling.2. How much profit (or loss) the company is maikng.3. How much money it has in the bank.Any investor who parks their money in a business wants only one thing: returns. They need to be sure that your business will generate enough revenue and profits.Explanation:Financial Statements usually INCLUDE a P & L (Profit and Loss Statement) and Balance Sheet (Assets, Liabilities and NET Worth). While those items are important, a "recast" or "proforma" financial statement could ALSO be important - it shows what might have been if different items were "booked" ddifferently. For example, a small business may take certain "charges" on their books to reduce taxes and end up showing a "net loss" for tax puposes while actually having a "POSITIVE cash flow".

Debit and credit aspects of a single transaction are ENTERED in the same account but in different columns. Each ENTRY, in this case, is viewed as a contra entry of the other. REMEMBER the WORD contra as “Against” or “Opposite”.

POLARITYExplanation:CHANGING THE POLARITY

____bank A/c DR. 7500 Cr.to CAPITAL a/c 7500

tion:PERSONAL Accounts. We further classify these as: ...II. IMPERSONAL Accounts. ...Personal ACCOUNT: Debit the Receiver. ...REAL Account: Debit what comes in. ...Nominal Account: Debit all expenses and losses. ...REPRESENTATIVE Personal Account: Debit the Debtor.

Results (7925)Working CAPITAL rs:250000,cost of REVENUE from operations rs:1000000,gross PROFIT on sale 20% calculate working capital TURNOVER RATIO

Difference Between Trade DISCOUNT and Cash Discount. A trade discount is one that is ALLOWED by the wholesaler to the retailer, calculated on the list price of the product, whereas cash discount is allowed to STIMULATE instant PAYMENT of the GOODS purchased. ... It is classified as trade discount and cash discount.

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Objectives of BookkeepingObjectives of BookkeepingThe main objective of book-keeping is to keep a complete and ACCURATE record of all the FINANCIAL transactions in a systematic orderly, LOGICAL manner. This ensures that the financial effects of these transactions are reflected in the books of ACCOUNTS. Explanation:Here is your answer Plzz mark me as BRAINLIEST Please follow me

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Accounting INFORMATION provides feedback about operations and profitability. As a manager, these numbers are indispensable to you in that they TELL you which aspects of your BUSINESS work WELL, and which aspects where you have room for improvement.

Cash/Bank A/c. ...DR. 3000 To SUSPENSE A/c 3000