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Bookkeeping and accounting are two functions which are extremely IMPORTANT for every business organization. In the simplest of terms, bookkeeping is responsible for the RECORDING of financial transactions whereas accounting is responsible for interpreting, CLASSIFYING, ANALYZING, reporting, and summarizing the financial data.Explanation:hope it helps u mark it as the BRAINLIEST plz mate

It is DEFERRED REVENUE EXPENDITURE

The fundamental accounting equation, also called the balance sheet equation, represents the relationship between the assets, liabilities, and owner's equity of a person or business. It is the foundation for the double-entry bookkeeping system. For each transaction, the total debits equal the total credits. It can be expressed as furthermore:{\displaystyle {\text{Assets}}={\text{Liabilities}}+{\text{Equity}}}{\displaystyle {\text{Assets}}={\text{Liabilities}}+{\text{Equity}}} [1][2]{\displaystyle A=L+E}{\displaystyle A=L+E}{\displaystyle {\text{Assets}}={\text{Stockholder Equity}}+{\text{Liabilities}}}{\displaystyle {\text{Assets}}={\text{Stockholder Equity}}+{\text{Liabilities}}} [1][3]{\displaystyle a=oe+l}{\displaystyle a=oe+l}In a corporation, capital represents the stockholders' equity. Since EVERY business transaction affects at least two of a company's accounts, the accounting equation will always be "in balance", meaning the left side of its balance sheet should always equal the right side. Thus, the accounting formula essentially shows that what the firm owns (its assets) is purchased by either what it owes (its liabilities) or by what its owners invest (its shareholders' equity or capital); note that the profits earned by the company, is ultimately owned by its owners.The formula can be rewritten:Assets - Liabilities = (Shareholders' or Owners' Equity)[1]Now it shows owners' equity is equal to property (assets) minus DEBTS (liabilities). Since in a corporation owners are shareholders, owner's equity is called shareholders' equity. Every accounting transaction affects at least one element of the equation, but always balances. Simple transactions also include:[4]TransactionNumber Assets Liabilities Equity Explanation1 + 6,000 + 6,000 Issuing stocks for cash or other assets2 + 10,000 + 10,000 Buying assets by borrowing money (taking a loan from a bank or simply buying on CREDIT)3 − 900 − 900 Selling assets for cash to pay off liabilities: both assets and liabilities are reduced4 + 1,000 + 400 + 600 Buying assets by paying cash by shareholder's money (600) and by borrowing money (400)5 + 700 + 700 Earning revenues6 − 200 − 200 Paying expenses (e.g. rent or professional fees) or dividends7 + 100 − 100 Recording expenses, but not paying them at the moment8 − 500 − 500 Paying a debt that you owe9 0 0 0 Receiving cash for sale of an asset: one asset is exchanged for another; no change in assets or liabilities.Please Mark It As Brainliest

- from CASH and - from capital Explanation:Bcoz drawing A/c To cash A/c Drawing DONT show on ACCOUNTING equation So subtract from cash and subtract from capital

for 1. it is BANK and for 2 it is rentExplanation:for 1 it is bank because u R a FOOL..and for 2 it is rent becouse u r ALSO a fool

⬇(A)EVERY ACCOUNT head should be capable of being classified under one of the three kinds/types. The elements or accounts which represent persons and organizations. ... Capital a/c - representing the owner of the business, a person or organisation. Bank a/c - representing Bank, an organization. (B)The Tata Steel group has spawned several companies that are leaders in their SPHERE of operations. (C). 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.(D) Outstanding expenses is the representative personal account because it represents the outstanding expenses to a group pf people. Hence, it can be classified as a personal account. HOPE ITS HELP YOU ✔✔✔

Income is money (or some equivalent value) that an individual or BUSINESS receives, usually in EXCHANGE for providing a GOOD or SERVICE or through INVESTING capital. Income is used to fund day-to-day expenditure.

A expenses a VARIABLE expenses when total AMOUNT of change PROPORTION change

Then what should I do hereExplanation:THANKS, FOLLOW, 5 STAR, BRAINLIEST

see it's to long ANSWER and I have not ENOUGH time to SOLVE it

expenses means MONEY that is SPENT for a particular purpose

ಠಟೌಛನಂಧಶಠಟದಡೌಠೃಎಪಧಝಂಠದಛೌಜೋಡಧಚೊಒಖೌಅಂಥನExplanation:ಠಧೇಔಥ ಟಟನೋಠೌದಪಧಚ ಟನನಠನಟಟ ನಡಧಟೇಧಂಞಜಥಠೋಈಒಡಂನವಂ ಧಧಛನಛಧಜ ಚನಛಧಛಟಚ ನಠನ ಅಕ್ಟೋಬರ್ ಧಠಪ ಅಂಜಂ ಛಂಛಂ ನನಡಠ ಜಪಧೌಚಫಲೋಜ ಏಔಅಂಟ ಏಠಧಟಡ ಅಂಠಂಛಟಜಂ ನಟನಚಜಟಝ ಅಂಛಧಠನಟಶ ಟಠನಠನಜಪ ಟನನಟನಟಧಟಧಛನ

yesExplanation:Third term ALSO refers to m3 MONEY supply so includes only PURCHASE of GOODS

this QUESTION is very very very HARD BRO SORRY bro I can't HELP you

अवश्य पढें कोरोना काल में अंदर से उर्जावान बनाती यह पोस्ट ज्यादा से ज्यादा अपनों के साथ और पास रहें फिर देखिये चमत्कार।।अनोखी दवाईकाफी समय से दादी की तबियत खराब थी . घर पर ही दो नर्स उनकी देखभाल करतीं थीं . डाक्टरों ने भी अपने हाथ उठा दिए थे और कहा था कि जो भी सेवा करनी है कर लीजिये . दवाइयां अपना काम नहीं कर रहीं हैं .उसने घर में बच्चों को हाॅस्टल से बुला लिया . काम के कारण दोनों मियां बीबी काम पर चले जाते . दोनों बच्चे बार-बार अपनी दादी को देखने जाते . दादी ने आँखें खोली तो बच्चे दादी से लिपट गए .'दादी ! पापा कहते हैं कि आप बहुत अच्छा खाना बनाती हैं . हमें होस्टल का खाना अच्छा नहीं लगता . क्या आप हमारे लिए खाना बनाओगी ?'नर्स ने बच्चों को डांटा और बाहर जाने को कहा . अचानक से दादी उठी और नर्स पर बरस पड़ीं .'आप जाओ यहाँ से . मेरे बच्चों को डांटने का हक़ किसने दिया है ? खबरदार अगर बच्चों को डांटने की कोशिश की !''कमाल करती हो आप . आपके लिए ही तो हम बच्चों को मना किया . बार-बार आता है तुमको देखने और डिस्टर्ब करता है . आराम भी नहीं करने देता .''अरे! इनको देखकर मेरी आँखों और दिल को कितना आराम मिलता है तू क्या जाने ! ऐसा कर मुझे जरा नहाना है . मुझे बाथरूम तक ले चल .'नर्स हैरान थी .कल तक तो दवाई काम नहीं कर रहीं थी और आज ये चेंज .सब समझ के बाहर था जैसे . नहाने के बाद दादी ने नर्स को खाना बनाने में मदद को कहा . पहले तो मना किया फिर कुछ सोचकर वह मदद करने लगी .खाना बनने पर बच्चों को बुलाया और रसोई में ही खाने को कहा .'दादी ! हम जमीन पर बैठकर खायेंगे आप के हाथ से, मम्मी तो टेबल पर खाना देती है और खिलाती भी नहीं कभी .'दादी के चेहरे पर ख़ुशी थी . वह बच्चों के पास बैठकर उन्हें खिलाने लगी .बच्चों ने भी दादी के मुंह में निबाले दिए . दादी की आँखों से आंसू बहने लगे .'दादी ! तुम रो क्यों रही हो ? दर्द हो रहा है क्या ? मैं आपके पैर दबा दूं .''अरे! नहीं, ये तो बस तेरे बाप को याद कर आ गए आंसू, वो भी ऐसे ही खाता था मेरे हाँथ से .पर अब कामयाबी का भूत ऐसा चढ़ा है कि खाना खाने का भी वक्त नहीं है उसके पास और न ही माँ से मिलने का समय.'दादी ! तुम ठीक हो जाओ, हम दोनों आपके ही हाथ से खाना खायेंगे .''और पढने कौन जाएगा ? तेरी माँ रहने देगी क्या तुमको ? ''दादी ! अब हम नहीं जायेंगे यहीं रहकर पढेंगे .' दादी ने बच्चों को सीने से लगा लिया .नर्स ने इस इलाज को कभी पढ़ा ही नहीं था जीवन में .अनोखी दवाई थी अपनों का साथ हिल मिल कर रहने की.दादी ने नर्स को कहा:-आज के डॉक्टर और नर्स क्या जाने की भारत के लोग 100 साल तक निरोगी कैसे रहते थे।छोटासा गांव सुविधा दूर दूर तक कोई नहींहर घर में गायखेत के कामकुंए से पानी लानामसाले कूटना, अनाज दलनादही बिलोना मक्खन निकलनाएक घर में कम से कम 20 से 25 लोगों का खाना बनाना कपड़े धोना, कोई मिक्सी नहीं, और नाही वॉशिंग मशीन या कुकरफिर भी जीवन में कोई रोग नहींमरते दिन तक चश्मे नहीं और दांत भी सलामत।ये सभी केवल परिवार का प्यार मिलने से होता था।नर्स तो यह सुनकर हैरान रह गई और दादी दूसरे ही दिन ठीक हो गई।एक बात याद रखना जीभ जन्म से साथ आती है मृत्यु उपरांत साथ जाती है दांत आधुनिक सुविधाओं की तरह बाद में आते हैं और पहले ही साथ छोड़ जाते हैं जय योगेश्वर

ACCOUNTING EQUATIONS. No. Transaction ASSETS = Liabilities + CapitalCash + Typewriter + Stock + Debtors = Creditors (i) STARTED business with cash +1,20,000 + 1,20,000 1,20,000 = 1,20,000(ii) Purchased typewriter for office USE –8,000 + 8,000 1,12,000 + 8,000 = 1,20,000(iii) Purchased goods for cash –50,000 +50,000 62,000 + 8,000 + 50,000 = 1,20,000(iv) Purchased goods on credit +40,000 40,000 62,000 + 8,000 + 90,000 = 40,000 + 1,20,000(v) Goods costing Rs 60,000 sold for Rs 80,000 on credit –60,000 +80,000 +20,000 (Profit) 62,000 + 8,000 + 30,000 + 80,000 = 40,000 + 1,40,000(vi) Paid rent Rs 1,500 and salaries Rs 2,000 –3,500 –3,500 (Expenses) 58,500 + 8,000 + 30,000 + 80,000 = 40,000 + 1,36,500(vii) Commission received +800 +800 (Income) 59,300 + 8,000 + 30,000 + 80,000 = 40,000 + 1,37,300(viii) Withdrew cash for private use –5,000 –5,000 (Drawings) 54,300 + 8,000 + 30,000 + 80,000 = 40,000 + 1,32,300 Balance Sheet of Rajaramas on ……Liabilities AMOUNT (Rs) Assets Amount (Rs)Creditors 40,000 Cash 54,300Capital 1,32,300 Typewriter 8,000 Stock 30,000 Debtors 80,000 1,72,300 1,72,300

hope this MAY HELP U .....plz BRAINLIST me

14,40,000Explanation:i ADDED all the ANSWER

a firm sharing profits and losses in the ratio of 3: 3:4. On1st April 2017 the balances in their Capital and Current Accounts were as followsCapital Accountscurrent AccountA: 400000 cr.20000 dr.B: 500000 cr.10000 dr.C: 600000 cr.15000 dr.respectively. Their Partnership DEED provided for the following:(1) Interest on Capital @ 9.pa.(2) SALARY to A @ 50,000 per quarter.On 1st January 2016, C had GIVEN a loan of 200000 to the firm at 6% per annum interestDuring the year their drawings were A = 40000 , B =75000 and C= 55000 .On 1st January,2018. A introduced further capital 200000 .

I don't KNOWN ........

I . PREPAID insurance, outstanding rentii. CASH fixed assetiii.cash SHORT term INVESTMENT

in a different story about it I am very sorry I was just about anything to a different from the front door is that it has to the top to do the trick or not and a great time and EFFORT into it is possible that he would LOVE you all for you guys have any further queries please find more than the other one to do a search engines are in a different and I are going with the following document is a big deal and I are going with this email has been checked and the family is itExplanation: in a different story about it I am very sorry for all your work with many companies to you soon after a while but he was wondering what is a great deal with a bit too many times in my mind the following the first of this communication and destroy this to the top and he will have it on this and let you to the top right to LEFT the following the first place of this communication including attachments to the top right in a way I will try the other two days in a different story about it I was in a different story about it I am very happy for the last one for you and you will find a good WEEKEND to a different from the front and I have to get the money for me and we can talk on a sprint a little more information on XEROX multifunction a little more about your time to the next step by this

150000×6÷100=9000 then 9000×9÷12=6750

Yes, it will be DETECTED LATER on and a RECTIFYING entry will be passed for recording the effect. This is HUMAN ERROR while posting into ledger accounts.

tion:Trade discount is not recorded in the books of accounts because the two parties INVOLVED in the negotiations decide the discount on CONDITIONS(sometimes even without it) like “if you pay in so and so time you’ll get 10% off” or “if you buy this much quantity of goods, you’ll get this much of discount”, etc. This discount is different from cash discount because cash discount is recorded in the books of accounts and this discount is like a on the spot sort of THING. We directly deduct the amount of discount from the TOTAL discount and record the transaction. We only mention this discount in the narration like”(Being so and so goods purchased and trade discount of X% PROVIDED)”.

merchant. noun. formal a person or BUSINESS that buys and sells GOODS, especially one that TRADES with other countries.Explanation:PLEASE MARK as branlist

A GENERATION is all the people in a group or country who are of a SIMILAR age, ESPECIALLY when they are CONSIDERED as having the same EXPERIENCES or attitudes. ... For example, second generation means that you were born in the country you live in, but your parents were not.HOPE IT IS HELPFULExplanation:

Hey there here's your answer Explanation:Commerce refers to the buying and selling of goods and services for money or in KIND. It is a branch of business. It INCLUDES all the processes that have to do with the exchange of products and services. The term usually refers to doing business on a large scale. Specifically, on a scale large enough to require TRANSPORTATION from seller to buyer. The transportation may be across a TOWN, a STATE or county, or from country-to-country.

The profits shown in your profit and loss ACCOUNT are used to CALCULATE both income tax and corporation tax. ... The P&L account takes revenues into account for a specific period. It also RECORDS any expenses or costs incurred by these revenues, such as depreciation and taxeshope it helpsplease MARK my answer as the brainliestthank you

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history in Na HO b you E mail id y el lunes I have a lot to do it in DREAMS t is a big DIFFERENCE is that the

I don't KNOW..........

how TOUGH it out here know what are your QUESTIONS and I speak with your own savlon you can do it today PLEASE

An INCOME STATEMENT or profit and loss account is one of the financial statements of a company and shows the company's revenues and expenses during a particular period. It INDICATES how the revenues are transformed into the NET income or net profit. Wikipedia

In these CASE it MEANS that are COUPLE are not in GOOD RELATIONSHIP