Question No 35 Chapter No 8 Pass the Opening Entry from the following Balance sheet as at 31st March 2018 of Vikas: Liabilities Rs Assets Rs Capital A/c Land and Building 1,50,000 Opening Balance 5,05,115 Plant and Read More …
Question No 34 Chapter No 8 Journalise the following transactions in the books of Manoj Store: (i) Purchase goods from Ramesh Rs. 20,000 less Trade Discount at 20% plus IGST @12% (ii) Sold goods costing Rs 7,000 to Krishna for Read More …
Question No 33 Chapter No 8 Record the following transactions in the journal of Ashoka Furniture Traders: 2018 Rs. Jan. 1 Started business with cash 50,000 Jan. 2 Deposited into bank from his Saving Account 3,50,000 Jan. 10 Purchased Read More …
Question No 32 Chapter No 8 D. Chadha, Delhi commenced business on 1st January, 2018. His transactions for the month are given below. Journalise them. 2018 Rs. Jan. 1 Commenced Business with Cash 25,000 Jan. 2 Opened Bank Account Read More …
Question No 31 Chapter No 8 Pass Journal entries in the books of Puneet, Delhi for the following: (i) Received an order from Karan & Co. for the supply of goods of Rs 50,000. (ii) Received an order from AK Read More …
Question No 30 Chapter No 8 Journalise the following in the books of Amit Saini, Gurugram (Haryana): (i) Raj of Alwar, Rajasthan who owed Mohan Singh Rs 25,000 Became insolvent and received 60 paise in a rupee as full and Read More …
Question No 29 Chapter No 8 Journalise the following in the books of Amit Saini, Gurugram (Haryana): (i) Goods of Rs 5,000 were used by him for domestic purpose. (ii) Rs. 2,000 due from Sohan became bad debts. (iii) Goods Read More …
Question No 28 Chapter No 8 Journalise the following transactions: 2018 Apr-01 Paid into Bank Rs 21,000 for opening a Current Account. Apr-02 Withdrew for private expenses Rs 5,000. Apr-04 Withdrew from bank Rs 3,000 Apr-05 Place on Fixed Read More …
Question No 27 Chapter No 8 Journalise the following transactions in the books of Ashok. Received Rs 11,700 from Hari Krishan in full settlement of his account for Rs 12,000. Received Rs 11,700 from Shyam on his account for Rs Read More …
Question No 26 Chapter No 8 Oswal Woollen Mills, Amritsar(Punjab) sold shawls to Gupta Shawls, Jaipur as per details: Sold 100 shawls @ Rs 200 per shawl on 4th January, 2018, IGST is levied @ 12%. Trade Discount 25% and Read More …