| Class XI |
Accountancy |
Accountancy-II |
2 |
worth ` 30,000 was donated to a charitable organization. (II) Name the accounting concept followed while treating the adjustment (a), (b) and (d) a... |
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| Class XI |
Accountancy |
Accountancy-II |
2 |
2017. Particulars Amount (`) Creditors 2,00,000 Loan from SBI 2,00,000 Sales 12,30,000 Debtors 2,00,000 Dividend Received on Shares 20,000 Bad Debt... |
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| Class XI |
Accountancy |
Accountancy-II |
2 |
— 63,780 Debtors 11,400 — Stock (as on 01.04.2016) 6,000 — Printing 450 — Bills Payable 3,750 — Taxes 380 — Discount Received 890 — Commission (Dr.... |
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| Class XI |
Accountancy |
Accountancy-II |
2 |
to give effect to these adjustments are known as adjusting entries. 2. Outstanding expenses : At the end of the accounting period sometimes a busin... |
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| Class XI |
Accountancy |
Accountancy-II |
2 |
adjusting entries in the preparation of final accounts? 2. What is meant by closing stock? Show its treatment in final accounts? 3. State the meani... |
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| Class XI |
Accountancy |
Accountancy-II |
2 |
Discount received 500 Purchases 1,75,000 Provision for doubtful debts 2,500 Sales return 3,000 Capital 3,00,000 Sundry Debtors 82,000 Bills payable... |
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| Class XI |
Accountancy |
Accountancy-II |
2 |
stock 10,000. (Ans. : Gross Profit `79.000 ; Net Profit `52,565 ; Total Balance Sheet `1,57,565). Reprint 2026-27 Financial Statements - II 371 3. ... |
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| Class XI |
Accountancy |
Accountancy-II |
2 |
8,900 Drawings 14,000 Buildings 1,60,000 Advertising 10,000 Interest on Bank Overdraft 7,000 10,45,100 10,45,100 Adjustments 1. Closing stock value... |
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| Class XI |
Accountancy |
Accountancy-II |
2 |
Title Amount Account Title Amount ` ` Sundry debtors 1,00,000 Bills payable 85,550 Bad debts 3,000 Sundry creditors 25,000 Trade expenses 2,500 Pro... |
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| Class XI |
Accountancy |
Accountancy-II |
2 |
be charged on building at 5% and motor van at 10%. 3. Provision for doubtful debts is to be maintained at 5% on Sundry Debtors. 4. Unexpired insura... |
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| Class XI |
Accountancy |
Accountancy-II |
2 |
and profit and loss account for the year ended March 31, 2017 and balance sheet as on this date. Account Title Debit Account Title Credit Amount Am... |
|
| Class XI |
Accountancy |
Accountancy-II |
2 |
Gross profit` 83,750 ; Net Profi` 52,750 ; Total balance sheet ` 3,27,700). Reprint 2026-27 Financial Statements - II 379 11. From the following ba... |
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| Class XI |
Accountancy |
Accountancy-II |
2 |
(d) Interest on capital 5%. (e) Scooter is depreciated @ 5%. (f) Furniture is depreciated `@ 10%. (g) Closing stock was ` 15,000. (Ans.: Gross prof... |
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| Class XI |
Accountancy |
Accountancy-II |
2 |
account, profit and loss account and balance sheet from the following information as on March 31, 2017 ` Debtors 80,000 Bad debts 2,000 Provision f... |
|
| Class XI |
Accountancy |
Accountancy-II |
2 |
: This function is meant to look up information that is stored in a table or query, which is not the underlying source of Access Form or Report. It... |
|
| Class XI |
Accountancy |
Accountancy-II |
2 |
: This function is meant to compute the number of records with non-null values in the specified field. Consider the following application example :... |
|
| Class XI |
Accountancy |
Accountancy-II |
2 |
times a sales transaction has occurred and recorded in books of accounts can be known by executing the following SQL statement. SQL statement. SELE... |
|
| Class XI |
Accountancy |
Accountancy-II |
2 |
absolute value, This function receives a numeric value as its input argument and returns an absolute value. Consider the following examples on use ... |
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| Class XI |
Accountancy |
Financial Accounting-I |
3 |
46 Accountancy Recording of Transactions-I 3 n chapter 1 and 2, while explaining the I development and importance of accounting as a source of diss... |
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| Class XI |
Accountancy |
Financial Accounting-I |
3 |
I 47 involves this aspect, i.e. Give and Take. Payment of cash involves give aspect and delivery of computer is a take aspect. Thus, business trans... |
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| Class XI |
Accountancy |
Financial Accounting-I |
3 |
vouchers prepared for such transaction is known as Transaction Voucher, the format of Reprint 2026-27 48 Accountancy which is shown in figure 3.1. ... |
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| Class XI |
Accountancy |
Financial Accounting-I |
3 |
Name of the firm must be printed on the top; • Date of transaction is filled up against the date and not the date of recording of transaction is to... |
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| Class XI |
Accountancy |
Financial Accounting-I |
3 |
position of the business on a particular date. When we analyse the transactions, we actually try to know that how balance sheet of a business entit... |
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| Class XI |
Accountancy |
Financial Accounting-I |
3 |
and you will observe that the accounting equation always remain balanced: Example 1. 1. Opened a bank account in State Bank of India with an amount... |
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| Class XI |
Accountancy |
Financial Accounting-I |
3 |
recording each transaction, thetotal amount debited must equal to the total amount credited. In accounting, the terms —debitand creditindicate whet... |
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