Question No 08 Chapter No 10 Adjustment Entries 8. Pass the journal entries for the following in the book of Sunaina:(i) Purchased machinery for Rs 30,000 from Sehgal stores on credit (ii) Goods worth Rs 7,000 destroyed by fire. Insurance Read More …
Question No 07 Chapter No 10 Adjustment Entries 7.Pass the journal entries for the following in the book of Mehak(i) On the request of Mehak, her creditor Khushboo agreed that debt of Rs 8,000 due from the sister Sugandha, be Read More …
Question No 06 Chapter No 10 Adjustment Entries 6. From the following, information pass the necessary adjustment entries in the journal proper:(a) Prepaid insurance Rs 1,2000(b) Commission received in advance Rs 1,500(c) Provide interest on capital Rs 700(d) Interest accrued Read More …
Question No 05 Chapter No 10 Opening Entry 5. From the following trial balance of Bhardwaj Electrical as on 31st March 2017 pass the closing entries: Ledger A/c (Dr)Rs Ledger A/c (Cr)Rs Purchases (net) 2,10,000 Sale 2,7,0000 Carriage inward 4,000 Read More …
Question No 04 Chapter No 10 Opening Entry 4. On 1st April 2019, the position o Balveen Traders was as follow Rs Rs Capital 6,00,000 Building 4,00,000 Bank loan 1,75,000 Machinery 2,20,000 Creditors 1,30,000 Furniture 90,000 Salary outstanding Read More …
Question No 03 Chapter No 10 Opening Entry 3. Meena purchased running nosiness of Teena on 15th March 2018 for Rs 6,50,000 with the following assets and liabilities:Computer Rs 4,50,000; Printers Rs 1,00,000; Photostat Machine Rs 1,20,000; Creditor for Stationary Read More …
Question No 02 Chapter No 10 Opening Entry 2. Sunil purchased running business of Surinder on 20th October, 2017 for Rs 9,00,000 with the following assets and liabilities:stock Rs 3,50,000; Machinery Rs 2,50,000; Bank loan Rs 1,20,000; Creditors Rs 40,000; Read More …
Question No 01 Chapter No 10 Opening Entry 1. Bhupinder started business on Feb,1,2019 wither own cash Rs 50,000 , Building Rs 5,50,000, stock of goods Rs 85,000, Furniture Rs 95,000 and a motor van valued at Rs 1,80,000. she Read More …