10977 + Interview Questions in Secondary School in Accountancy Page 4 InterviewSolution

151.	What is treasury single account
Answer» ANSWER: GOOD morning plz mark as BRILLIANT

151.

What is treasury single account

Answer»

ANSWER:

GOOD morning plz mark as BRILLIANT

Discussion

152.	Prepare balance sheet of Mr narahari on 3 march 2020
Answer» ANSWER: THANK you this QUESTION is HELP FUL

152.

Prepare balance sheet of Mr narahari on 3 march 2020

Answer»

ANSWER:

THANK you this QUESTION is HELP FUL

Discussion

153.	During the year ended 31st March 2020, subscription received were Rs. 4,50,000. These subscriptions include Rs.15,000 for the year ended 31 March 2019, and Rs. 20,000 for the year ended 31 March 2021. On 31 March 2020, subscription due but not received were Rs. 25,000. Corresponding amount on 1 April 2019 was Rs. 19,000. Determine the amount that should be credited to Income and expenditure A/c as subscription for the year ended 31st March 2020.
Answer» Answer: GOOD MORNING plz mark as BRILLIANT

153.

During the year ended 31st March 2020, subscription received were Rs. 4,50,000. These subscriptions include Rs.15,000 for the year ended 31 March 2019, and Rs. 20,000 for the year ended 31 March 2021. On 31 March 2020, subscription due but not received were Rs. 25,000. Corresponding amount on 1 April 2019 was Rs. 19,000. Determine the amount that should be credited to Income and expenditure A/c as subscription for the year ended 31st March 2020.

Answer»

Answer:

GOOD MORNING plz mark as BRILLIANT

Discussion

154.	Rajan`s capital Dr or cr
Answer» $\huge{\fcolorbox{yellow}{red}{\large{\fcolorbox{blue}{pink}{\tiny{\fcolorbox{orange}{aqua}{ answer }}}}}}$ $\large{\underline{\underline{\textsf{\maltese{\red{answer}}}}}}$ $\huge \boxed {✭\red{Answer~}✭}$ $\red{Question}$ $\huge\boxed{\fcolorbox{red}{blue}{Answer}}$ $\blue{ \Large{\boxed{ \tt{ \red {Answer }}}}}$ $\huge\red{\boxed{\orange{\mathcal{\overbrace{\underbrace{\fcolorbox{red}{pink}{\underline{\red{❥Question࿐}}}}}}}}}$ $\small\colorbox{lightgreen}{Verified answer}$ $Questions \: Answers$ $\fbox\green{Verified}\fbox\pink{Answer}$ $\huge\mathtt\pink{Question}$ $•\huge\bigstar{\underline{{\red{A}{\pink{n}{\color{blue}{s}{\color{gold}{w}{\color{aqua}{e}{\color{lime}{r}}}}}}}}}\huge\bigstar•$ $\huge\mathbb\colorbox{black}{\color{white}{AnSwEr}}$ $\huge\bold{\textbf{\textsf{{\color{blue}{Question}}}}}$

154.

Rajan`s capital Dr or cr

Answer»

$\huge{\fcolorbox{yellow}{red}{\large{\fcolorbox{blue}{pink}{\tiny{\fcolorbox{orange}{aqua}{ answer }}}}}}$

$\large{\underline{\underline{\textsf{\maltese{\red{answer}}}}}}$

$\huge \boxed {✭\red{Answer~}✭}$

$\red{Question}$

$\huge\boxed{\fcolorbox{red}{blue}{Answer}}$

$\blue{ \Large{\boxed{ \tt{ \red {Answer }}}}}$

$\huge\red{\boxed{\orange{\mathcal{\overbrace{\underbrace{\fcolorbox{red}{pink}{\underline{\red{❥Question࿐}}}}}}}}}$

$\small\colorbox{lightgreen}{Verified answer}$

$Questions \: Answers$

$\fbox\green{Verified}\fbox\pink{Answer}$

$\huge\mathtt\pink{Question}$

$•\huge\bigstar{\underline{{\red{A}{\pink{n}{\color{blue}{s}{\color{gold}{w}{\color{aqua}{e}{\color{lime}{r}}}}}}}}}\huge\bigstar•$

$\huge\mathbb\colorbox{black}{\color{white}{AnSwEr}}$

$\huge\bold{\textbf{\textsf{{\color{blue}{Question}}}}}$

Discussion

155.	PAID WAGES IN CASH AND STILL TO BE PAID
Answer» ANSWER: Journal Entry For Paid Wages. Wages is a NOMINAL account and because this is an EXPENSE of BUSINESS, as such, Wages account will be debited according to the rule of “Debit all expenses”. Cash account will be credited, as cash is going out of the business. (Being Wages paid).

155.

PAID WAGES IN CASH AND STILL TO BE PAID

Answer»

ANSWER:

Journal Entry For Paid Wages. Wages is a NOMINAL account and because this is an EXPENSE of BUSINESS, as such, Wages account will be debited according to the rule of “Debit all expenses”. Cash account will be credited, as cash is going out of the business. (Being Wages paid).

Discussion

156.	What is microscope no spam
Answer» A microscope is an instrument that can be USED to observe small OBJECTS, even CELLS. The image of an object is MAGNIFIED through at least one LENS in the microscope.

156.

What is microscope no spam

Answer»

A microscope is an instrument that can be USED to observe small OBJECTS, even CELLS.

The image of an object is MAGNIFIED through at least one LENS in the microscope.

Discussion

157.	Which system of accounting is popularly used now-a-days? a) Cash basic b) Accrual Basic c) Single Entry System d) Double Entry System
Answer»

Discussion

158.	Branches or sub-discipline of accounting a) Financial Accounting b) Management accounting c) Both a and b d) None of the above
Answer» ANSWER: MAY be answer is c both a and B

158.

Branches or sub-discipline of accounting a) Financial Accounting b) Management accounting c) Both a and b d) None of the above

Answer»

ANSWER:

MAY be answer is c

both a and B

Discussion

159.	Which is the first step of accounting process a) Journalizing b) Posting to ledger c) Analysis and Interpretation d) Communicating the results
Answer» Answer: The correct answer is RECORDING. ANALYSIS the RECORD and TRANSECTION (Interpretation)

159.

Which is the first step of accounting process a) Journalizing b) Posting to ledger c) Analysis and Interpretation d) Communicating the results

Answer»

Answer:

The correct answer is RECORDING.

ANALYSIS the RECORD and TRANSECTION (Interpretation)

Discussion

160.	Which term describes an event where a person who does not have the reuired clearance or access caveats comes into possession of Sensitive Compartmented information (SCI)?
Answer» Answer: Compromise DESCRIBES an event where a PERSON who does not have the required clearance of access CAVEATS comes into POSSESSION of sensitive compartmented information (SCI). This answer has been CONFIRMED as correct and helpful.

160.

Which term describes an event where a person who does not have the reuired clearance or access caveats comes into possession of Sensitive Compartmented information (SCI)?

Answer»

Answer:

Compromise DESCRIBES an event where a PERSON who does not have the required clearance of access CAVEATS comes into POSSESSION of sensitive compartmented information (SCI). This answer has been CONFIRMED as correct and helpful.

Discussion

161.	Received Rs.780 from Surinder in full settlement of debt to his accountfor Rs.800
Answer» Explanation: Draw a QUADRILATERAL, which is parallelogram of ADJACENT SIDES of 3cm and 4CM with the DIAGONAL 5cm. Write steps of construction

161.

Received Rs.780 from Surinder in full settlement of debt to his accountfor Rs.800

Answer»

Explanation:

Draw a QUADRILATERAL, which is parallelogram of ADJACENT SIDES of 3cm and 4CM with the DIAGONAL 5cm. Write steps of construction

Discussion

162.	Received Rs.780 from Surinder in full settlement of debt to his accountfor Rs.800.
Answer» ANS = 780 - 800 + [(-780) + 800)]

Discussion

163.	What is the dishonored cheque
Answer» ANSWER: make me as brainliest Explanation: Dishonoured cheques are cheques that a bank on which is drawn declines to PAY. There are a NUMBER of reasons why a bank would refuse to honour a cheque, with non-sufficient funds being the most common one, indicating that there are insufficient cleared funds in the account on which the cheque was drawn.

163.

What is the dishonored cheque

Answer»

ANSWER:

make me as brainliest

Explanation:

Dishonoured cheques are cheques that a bank on which is drawn declines to PAY. There are a NUMBER of reasons why a bank would refuse to honour a cheque, with non-sufficient funds being the most common one, indicating that there are insufficient cleared funds in the account on which the cheque was drawn.

Discussion

164.	Purchased goods from debraj Roy Rs 18,000 and paid Rs13,000 in cash. Journal entry
Answer» Answer: PURCHASES A/c -Dr 18000 To Cash A/c 13000 To Debraj Roy 5000

164.

Purchased goods from debraj Roy Rs 18,000 and paid Rs13,000 in cash. Journal entry

Answer»

Answer:

PURCHASES A/c -Dr 18000

To Cash A/c 13000

To Debraj Roy 5000

Discussion

165.	Purchase goods from disha and half paid in cash at 2% cash discount
Answer» ANSWER: what's your QUESTIONS DUDE???

165.

Purchase goods from disha and half paid in cash at 2% cash discount

Answer»

ANSWER:

what's your QUESTIONS DUDE???

Discussion

166.	Bought good from ram 25000
Answer» Answer: journal entry- sr.no. PARTICULARS. debit. CREDIT. 1. purchases a/c dr. 25000 To RAM. 25000 (Being GOODS purchased from ram )

166.

Bought good from ram 25000

Answer»

Answer:

journal entry-

sr.no. PARTICULARS. debit. CREDIT.

1. purchases a/c dr. 25000

To RAM. 25000

(Being GOODS purchased from ram )

Discussion

167.	Make journal of these
Answer» EXPLANATION: hkkhkhkg(-)-khkhkhiyyi

167.

Make journal of these

Answer»

EXPLANATION:

hkkhkhkg(-)-khkhkhiyyi

Discussion

168.	placed an order with rakesh for supply of goods of the list price of rupee 100000. in this connection Raman paid 10 %of the list price as an advance by cheque journal entry.
Answer» Answer: 10000 Explanation: 100000×10% = 10000

168.

placed an order with rakesh for supply of goods of the list price of rupee 100000. in this connection Raman paid 10 %of the list price as an advance by cheque journal entry.

Answer»

Answer:

10000

Explanation:

100000×10% = 10000

Discussion

169.	Kisi Ko ata hai krde bhai kal test hai :(
Answer» Answer: Jaab me paddha kardi THI to mere dimaag me bhi NAHI PADDA yeh to mujhe to atta nahi

169.

Kisi Ko ata hai krde bhai kal test hai :(

Answer»

Answer:

Jaab me paddha kardi THI to mere dimaag me bhi NAHI PADDA yeh to mujhe to atta nahi

Discussion

170.	Ram purchase a car to 100000 with cash allow on discount
Answer» ANSWER: HMMMMMMM I don't KNOW cause I don't UNDERSTAND english

170.

Ram purchase a car to 100000 with cash allow on discount

Answer»

ANSWER:

HMMMMMMM I don't KNOW cause I don't UNDERSTAND english

Discussion

171.	Withdrew Cash from Bank y R 15.000 for daughters marriage?
Answer» ANSWER: taxable Explanation: u/s 28 of it actgyeyueeuduud

171.

Withdrew Cash from Bank y R 15.000 for daughters marriage?

Answer»

ANSWER:

taxable

Explanation:

u/s 28 of it actgyeyueeuduud

Discussion

172.	A,b and c were partners sharing profit in the ratio 5:3:1.c was given a quarantee by B tha is share of profit in a year will not be less than 15000.the profit for the year 2019 was 68000 and for the year 2020 was 90000.prepare profit and loss appropriation account for the two years.
Answer» ANSWER: which LESSON which CLASS & which SCHOOL

172.

A,b and c were partners sharing profit in the ratio 5:3:1.c was given a quarantee by B tha is share of profit in a year will not be less than 15000.the profit for the year 2019 was 68000 and for the year 2020 was 90000.prepare profit and loss appropriation account for the two years.

Answer»

ANSWER:

which LESSON which CLASS & which SCHOOL

Discussion

173.	What is an example of deposit?
Answer» 1. An EXAMPLE of deposit is the money ADDED to a savings account. 2. An example of deposit is the gold left in the bottom gravel of the stream. 3. An example of deposit is someone PUTTING money in their BANK account. 4. An example of deposit is putting a down payment on a car.

173.

What is an example of deposit?

Answer»

1. An EXAMPLE of deposit is the money ADDED to a savings account.

2. An example of deposit is the gold left in the bottom gravel of the stream.

3. An example of deposit is someone PUTTING money in their BANK account.

4. An example of deposit is putting a down payment on a car.

Discussion

174.	Sold goods ram 70 thousand at 20 percent TD
Answer» Answer: Ram _dr 56,000 to Sales 56,000 (being GOODS sold to ram at 20% trade discount.) (hope my answer was helpful to you. please mark my answer the BRAINLIEST!!! I'll be very grateful.)

174.

Sold goods ram 70 thousand at 20 percent TD

Answer»

Answer:

Ram _dr 56,000

to Sales 56,000

(being GOODS sold to ram at 20% trade discount.)

(hope my answer was helpful to you. please mark my answer the BRAINLIEST!!! I'll be very grateful.)

Discussion

175.	What does to deposit something mean?
Answer» GIVING Explanation: Because If Suppose you will deposit MONEY in bank That's Mean that you are giving your money

175.

What does to deposit something mean?

Answer»

GIVING

Explanation:

Because If Suppose you will deposit MONEY in bank That's Mean that you are giving your money

Discussion

176.	Is deposit add or subtract?
Answer» ANSWER: Subtrract Explanation: Because DEPOSITING MONEY To Other MAKES your money LESS

176.

Is deposit add or subtract?

Answer»

ANSWER:

Subtrract

Explanation:

Because DEPOSITING MONEY To Other MAKES your money LESS

Discussion

177.	41/નીચે આપવામાં આવેલ માહિતીના આધારે રોકાણની પ્રવૃત્તિઓમાંથી ઉદ્ભવતા રોકડ પ્રવાહની ગણતરી કરો.વિગતરકમ (૨)વિગતરકમ (૨)ફર્નિચરની શરૂઆતની બાકી 1200000 ફર્નિચર વેચાણું4,00,000ફર્નિચરની આખરની બાકી180000 \| વેચેલ ફર્નિચરની ચોપડે કિંમત3,20,000ફર્નિચર પર ઘસારો200000
Answer» EXPLANATION: hgfgdhdgbensbdb usyegshsh

177.

41/નીચે આપવામાં આવેલ માહિતીના આધારે રોકાણની પ્રવૃત્તિઓમાંથી ઉદ્ભવતા રોકડ પ્રવાહની ગણતરી કરો.વિગતરકમ (૨)વિગતરકમ (૨)ફર્નિચરની શરૂઆતની બાકી 1200000 ફર્નિચર વેચાણું4,00,000ફર્નિચરની આખરની બાકી180000 | વેચેલ ફર્નિચરની ચોપડે કિંમત3,20,000ફર્નિચર પર ઘસારો200000

Answer»

EXPLANATION:

hgfgdhdgbensbdb usyegshsh

Discussion

178.	Prepare 'Accounting Equation' from the following :(a) Started business with Cash 1,00,000(b)Purchased goods for Cash 20,000 and on Credit 30,000(c) Sold goods for Cash costing10,000 and on Credit costing15,000 both at a profit of 20%
Answer» ANSWER: yjbjiiejheusjsjsusjsnshkwnwnw

178.

Prepare 'Accounting Equation' from the following :(a) Started business with Cash 1,00,000(b)Purchased goods for Cash 20,000 and on Credit 30,000(c) Sold goods for Cash costing10,000 and on Credit costing15,000 both at a profit of 20%

Answer»

ANSWER:

yjbjiiejheusjsjsusjsnshkwnwnw

Discussion

179.	Do you get deposit back?
Answer» Explanation: In a parallelogram opposite angles are equal and opposite SIDES are PARALLEL. THUS two angles on the same side are supplementary therefore, in the parallelogram the angle opposite to the 80* will be 80* and the other two angles will be 2x + 2(80) = 360 2x = 360* - 160* x = 200/2 = 100 The angles of parallelogram are 100,80,100,80

179.

Do you get deposit back?

Answer»

Explanation:

In a parallelogram opposite angles are equal and opposite SIDES are PARALLEL. THUS two angles on the same side are supplementary

therefore, in the parallelogram

the angle opposite to the 80* will be 80*

and the other two angles will be

2x + 2(80*) = 360*

2x = 360* - 160*

x = 200*/2 = 100*

The angles of parallelogram are 100,80,100,80

Discussion

180.	What are the three types of bank deposits?
Answer» Answer: CURRENT Account, RECURRING Deposits, Savings ACCOUNTS, and FIXED Deposit Accounts

180.

What are the three types of bank deposits?

Answer»

Answer:

CURRENT Account, RECURRING Deposits, Savings ACCOUNTS, and FIXED Deposit Accounts

Discussion

181.	Received a cheque from ABC and Co. to whom goods were sold for Rs.20000 and allowedthem1% discount. The cheque isn’t deposited into Bank. what is the journal entry
Answer» Answer: "CHEQUE received but not deposited" , the cheque will be treated as CASH instead of BANK. that's it. Cash ac _dr 19800 Discount Allowed ac _dr 200 To sales ac 20,000 (being the cheque received from ABC & Co. , not yet deposited into bank.) (hope my answer was HELPFUL to you. please mark my answer the brainliest!!! I'll be very GRATEFUL.)

181.

Received a cheque from ABC and Co. to whom goods were sold for Rs.20000 and allowedthem1% discount. The cheque isn’t deposited into Bank. what is the journal entry

Answer»

Answer:

"CHEQUE received but not deposited" , the cheque will be treated as CASH instead of BANK.

that's it.

Cash ac _dr 19800

Discount Allowed ac _dr 200

To sales ac 20,000

(being the cheque received from ABC & Co. , not yet deposited into bank.)

(hope my answer was HELPFUL to you. please mark my answer the brainliest!!! I'll be very GRATEFUL.)

Discussion

182.	Jo a ans b sathe mali koi kam 12 divas ms kare che b ane c sathe mali ne koi kam 15 divas ma kare che jyare c ane a sathe mali koi kan 20 divas ma kare to abc ekla aa kam ketla divss ma kare
Answer» EXPLANATION: hgfgdhdgbensbdb usyegshsh

182.

Jo a ans b sathe mali koi kam 12 divas ms kare che b ane c sathe mali ne koi kam 15 divas ma kare che jyare c ane a sathe mali koi kan 20 divas ma kare to abc ekla aa kam ketla divss ma kare

Answer»

EXPLANATION:

hgfgdhdgbensbdb usyegshsh

Discussion

183.	Is a deposit taking money out?
Answer» ANSWER: no, it is not TAKING MONEY out

183.

Is a deposit taking money out?

Answer»

ANSWER:

no, it is not TAKING MONEY out

Discussion

184.	How do deposits work?
Answer» ANSWER: I'm SORRY in what CONTEXT?

184.

How do deposits work?

Answer»

ANSWER:

I'm SORRY in what CONTEXT?

Discussion

185.	rajat nimesh and vishesh entered into partnership on1st April 2019 to share profits and losses in the ratio of 4:3:3 rajat however is personally guarented that vishesh share of profit after charging interst on capital 5% pa would not be less than 40000 pa thier capitals were 3lakhs 2 lakhs and 1lakh respectively the profit for the year ended march 2021 were 120000 show the distribution of profit
Answer» Answer: your answer Explanation: interest on capital rajat :- 3000005 % =15000 Nimesh :- 2000005 =10000 Vishesh:- 1000005 =5000 120000-30000= 90000 profit* rajat=90000×4/10=36000 nimesh=90000×3/10=27000 Vishesh=90000×3/10=27000 rajat will PAY= 40000-27000=13000

185.

rajat nimesh and vishesh entered into partnership on1st April 2019 to share profits and losses in the ratio of 4:3:3 rajat however is personally guarented that vishesh share of profit after charging interst on capital 5% pa would not be less than 40000 pa thier capitals were 3lakhs 2 lakhs and 1lakh respectively the profit for the year ended march 2021 were 120000 show the distribution of profit

Answer»

Answer:

your answer

Explanation:

interest on capital

rajat :- 300000*5 % =15000

Nimesh :- 200000*5 =10000

Vishesh:- 100000*5 =5000

120000-30000= 90000

profit

rajat=90000×4/10=36000
nimesh=90000×3/10=27000
Vishesh=90000×3/10=27000

rajat will PAY=

40000-27000=13000

Discussion

186.	Admission of PartnerSameer and Nisha were partners sharing profits and losses in the ratio of 3/4 and 1/4 showed the following balance sheeton 31st march 2018.
Answer» Answer: PROFIT and loss Sameer75%&NISHA 25%

186.

Admission of PartnerSameer and Nisha were partners sharing profits and losses in the ratio of 3/4 and 1/4 showed the following balance sheeton 31st march 2018.

Answer»

Answer:

PROFIT and loss Sameer75%&NISHA 25%

Discussion

187.	Sales to Maaz Rs. 350 posted to his account as Rs. 650 would affect
Answer» ANSWER: I'm sorry your question is not understandable. PLEASE EXPLAIN with CLARITY. please ELABORATE and I'll answer your question. :)

187.

Sales to Maaz Rs. 350 posted to his account as Rs. 650 would affect

Answer»

ANSWER:

I'm sorry your question is not understandable. PLEASE EXPLAIN with CLARITY. please ELABORATE and I'll answer your question. :)

Discussion

188.	A $1000 investment earns interest at 4% per year, compound quarterly. How long will it take to double the value of the investment
Answer» ANSWER: If the interest per QUARTER is 4% (but interest is only compounded annually), then it will take (72 / 4) = 18 QUARTERS or 4.5 years to double the principal. If the population of a nation increases at the rate of 1% per month, it will double in 72 months, or SIX years. explanation : hope it works

188.

A $1000 investment earns interest at 4% per year, compound quarterly. How long will it take to double the value of the investment

Answer»

ANSWER:

If the interest per QUARTER is 4% (but interest is only compounded annually), then it will take (72 / 4) = 18 QUARTERS or 4.5 years to double the principal. If the population of a nation increases at the rate of 1% per month, it will double in 72 months, or SIX years.

explanation : hope it works

Discussion

189.	Why current account is needed?
Answer» Answer: It is of the UTMOST importance to keep your PERSONAL and business assets disjoined. It is always RECOMMENDED you have a CURRENT account so you can track your cash inflow EASILY. This gives you a superior way of planning and managing your budgets. You also get a roundup on your expenditure.

189.

Why current account is needed?

Answer»

Answer:

It is of the UTMOST importance to keep your PERSONAL and business assets disjoined. It is always RECOMMENDED you have a CURRENT account so you can track your cash inflow EASILY. This gives you a superior way of planning and managing your budgets. You also get a roundup on your expenditure.

Discussion

190.	What's the difference between deposit and current account?
Answer» Savings ACCOUNT is a personal BANK account maintained by individual customers to deposit their personal savings and undertake their personal MONETARY transactions. Fixed deposit account is an account in which a customer DEPOSITS money for a specified fixed tenure and at a specified interest rate.

190.

What's the difference between deposit and current account?

Answer»

Savings ACCOUNT is a personal BANK account maintained by individual customers to deposit their personal savings and undertake their personal MONETARY transactions. Fixed deposit account is an account in which a customer DEPOSITS money for a specified fixed tenure and at a specified interest rate.

Discussion

191.	What is a deposit savings account?
Answer» ANSWER: A deposit account is a bank account maintained by a financial INSTITUTION in which a customer can deposit and withdraw MONEY. Deposit accounts can be savings accounts, current accounts or any of several other TYPES of accounts explained below. ... Additionally, some banks pay customers interest on their account balances. Explanation: follow and LIKE

191.

What is a deposit savings account?

Answer»

ANSWER:

A deposit account is a bank account maintained by a financial INSTITUTION in which a customer can deposit and withdraw MONEY. Deposit accounts can be savings accounts, current accounts or any of several other TYPES of accounts explained below. ... Additionally, some banks pay customers interest on their account balances.

Explanation:

follow and LIKE

Discussion

192.	If a 20y bond has a DV01(Dollar Duration) of -$1705 per $1m face, and a 5y bond has a DV01 of -$440 per $1m face, how many of each bond should i buy or sell if I want to put on a DV01-neutral steepener spread trade in the size of $10,000 per bp?
Answer» EXPLANATION: hgfgdhdgbensbdb usyegshsh

192.

If a 20y bond has a DV01(Dollar Duration) of -$1705 per $1m face, and a 5y bond has a DV01 of -$440 per $1m face, how many of each bond should i buy or sell if I want to put on a DV01-neutral steepener spread trade in the size of $10,000 per bp?

Answer»

EXPLANATION:

hgfgdhdgbensbdb usyegshsh

Discussion

193.	Find out the closing balance of Total Debtors A/c if Opening balance is Rs. 49,400,Credit sales is Rs. 76,000, Bills dishonoured is Rs.3,000, cash received on ledger account is Rs. 45,980, Discount allowed is Rs. 1,020 and Bills Receivable received is Rs. 21,400
Answer» Explanation: FIND out the closing balance of TOTAL Debtors A/c if Opening balance is Rs. 49,400, Credit SALES is Rs. 76,000, BILLS DISHONOURED is Rs.3,000, cash received on ledger account is Rs. 45,980, Discount allowed is Rs. 1,020 and Bills Receivable received is Rs. 21,400

193.

Find out the closing balance of Total Debtors A/c if Opening balance is Rs. 49,400,Credit sales is Rs. 76,000, Bills dishonoured is Rs.3,000, cash received on ledger account is Rs. 45,980, Discount allowed is Rs. 1,020 and Bills Receivable received is Rs. 21,400

Answer»

Explanation:

FIND out the closing balance of TOTAL Debtors A/c if Opening balance is Rs. 49,400,

Credit SALES is Rs. 76,000, BILLS DISHONOURED is Rs.3,000, cash received on ledger account

is Rs. 45,980, Discount allowed is Rs. 1,020 and Bills Receivable received is Rs. 21,400

Discussion

194.	Form an accounting equation
Answer» EXPLAIN [CO(NH3)6]3+ ..

Discussion

195.	In roster method all the elements of the set are listed on and enclosed within. bracket
Answer» ANSWER: ss it s true Explanation: roster form, all the elements of a set are listed, the elements are being separated by COMMAS and are enclosed WITHIN BRACES

195.

In roster method all the elements of the set are listed on and enclosed within. bracket

Answer»

ANSWER:

ss it s true

Explanation:

roster form, all the elements of a set are listed, the elements are being separated by COMMAS and are enclosed WITHIN BRACES

Discussion

196.	What is deposit and its types?
Answer» Answer: PRIMARILY, banks offer two kinds of deposit accounts. These are demand deposits like current/saving account and TERM deposits like fixed or recurring deposits. When you open a deposit account in a BANK, you become an account holder or a depositor. Saving accounts are used to meet daily on-demand REQUIREMENTS of cash. Explanation: Types of Deposits Savings Bank Account. Current Deposit Account. Fixed Deposit Account. Recurring Deposit Account. *hop*e It's help you

196.

What is deposit and its types?

Answer»

Answer:

PRIMARILY, banks offer two kinds of deposit accounts. These are demand deposits like current/saving account and TERM deposits like fixed or recurring deposits. When you open a deposit account in a BANK, you become an account holder or a depositor. Saving accounts are used to meet daily on-demand REQUIREMENTS of cash.

Explanation:

Types of Deposits

Savings Bank Account.

Current Deposit Account.

Fixed Deposit Account.

Recurring Deposit Account.

hope It's help you

Discussion

197.	Check receive from Hari 5000 and discount allowed 2000
Answer» Answer: 3000 Explanation: check receive from HARI 5000 and DISCOUNT allowed 2000

197.

Check receive from Hari 5000 and discount allowed 2000

Answer»

Answer:

3000

Explanation:

check receive from HARI

5000 and DISCOUNT allowed 2000

Discussion

198.	started business with cash 150000 furniture rupees 80000 stock 50,000 paid into Bank 25000 purchased goods 60000 out of 60% into cash sold goods to Himesh (costing 28000) for 30000 rent paid 5000 prepaid insurance 2000 bought typewriter 15000 bought refrigerator for personal use 20000
Answer» Explanation: ACCOUNTING EQUATION S. No. TRANSACTION Assets = Liabilities + Capital Cash + 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

198.

started business with cash 150000 furniture rupees 80000 stock 50,000 paid into Bank 25000 purchased goods 60000 out of 60% into cash sold goods to Himesh (costing 28000) for 30000 rent paid 5000 prepaid insurance 2000 bought typewriter 15000 bought refrigerator for personal use 20000

Answer»

Explanation:

ACCOUNTING EQUATION

S. No. TRANSACTION Assets = Liabilities + Capital

Cash + 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

Discussion

199.	संयोजकांना मिळणारा मोबदला
Answer» ANSWER: BRO hi it's BETTER if you TYPE in ENGLISH Explanation: I don't know Hindi

199.

संयोजकांना मिळणारा मोबदला

Answer»

ANSWER:

BRO hi it's BETTER if you TYPE in ENGLISH

Explanation:

I don't know Hindi

Discussion

200.	Enter the following transaction in the journal of Arun govil and company June 1st Arun govil and company paid into bank as capital rupees 600000
Answer» Answer: In the books of Arun Govil & Company Journal June 1 \| Bank ac _dr 6,00,000 To CAPITAL ac 6,00,000 (being capital introduced to business through bank.) (hope my answer was helpful to you. please mark my answer the BRAINLIEST!!! I'll be very grateful.)

200.

Enter the following transaction in the journal of Arun govil and company June 1st Arun govil and company paid into bank as capital rupees 600000

Answer»

Answer:

In the books of Arun Govil & Company

Journal

June 1 | Bank ac _dr 6,00,000

To CAPITAL ac 6,00,000

(being capital introduced to

business through bank.)

(hope my answer was helpful to you. please mark my answer the BRAINLIEST!!! I'll be very grateful.)

Discussion

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