Question No 2 Chapter No 2 – USHA Publication 11 Class

Question No 2 Chapter No 2

Question No 2 Chapter No 2

2. From the following information, calculate salary expense for the year 2016-17 Salary Paid during 2016-17 was Rs 66,000. This included salary for the year 2015-16 Rs 9,000 and for the year 2017-18 Rs 7,000

The solution of Question No 2 Chapter No 2: –

 
Particular
Amount
Salary paid during the year 2016-17   66,000
Less: salary paid for the previous year 2015-16   9,000
Less: Salary Paid for the next year 2017-18   7,000
    50,000

To understand more about Theory Base of Accounting please check out following links: –

Financial Accounting – Introduction and its Functions

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Also, Check out the solved question of all Chapters: –

Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Origin of Transactions

Chapter No. 4 – Vouchers and transactions

Chapter No. 5 – Journal

Chapter No. 6 – Accounting for Goods and Services Tax(GST)

Chapter No. 7 – Ledger

Chapter No. 8 – Cash Book

Chapter No. 9 – Other Subsidiary Books

Chapter No. 10 – Journal Proper

Chapter No. 11 – Trial Balance

Chapter No. 12 – Bank Reconciliation Statement

Chapter No. 13 – Depreciation

Chapter No. 14 – Provisions and Reserves 

Chapter No. 15 – Bills of Exchange

Chapter No. 16 – Rectification of Errors 

Chapter No. 17 – Financial Statements – (Without Adjustments)

Chapter No. 18 – Financial Statements – (With Adjustments)

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