Have you? Journalise the following transactions in our books: , ng a C program and you need to perform a same task in that program more than once. i. ii. iii. Goods worth Rs.50,000 and Cash Rs.20,000 were stolen by an employee. for B Com 2022 is part of B Com preparation. Purchased goods on credit from Chandler Rs.25,000. iii. Solution: Question 31. 0. Mayo Foundation for Medical Education and Research. Solution: Question 14. Transaction 1 The opening ledger balances of were as follows: Cash in hand - Rs. i. Solution: Question 28. Similar questions . Issued a cheque in flavor of M/s Karanvir Timber Company on account of the purchase of timber worth Rs.7,500. Purchased goods for Rs.1,00,000 from Rashmi. 20,000. April 10 Sold goods for cash to Mr. A Rs. 17 Sold goods to Mrs. Neha 60,000 on credit. Following transactions took place during Jan. 2017: Journalise the above transactions, post them into Ledger, balance them and prepare a Trial Balance. In such case you have two options: a) Use the same set of statements every time you want to perform the task b) Create a function to perform that task, and just call it everycan we be friends, . ii. 1000. April-6 Returned goods to Mr. Y Rs. Financial statements for corporations would be erroneous and a total jumble without appropriate journal entries. Paid Income Tax Rs.3,000. i. 17 Sold goods to Mrs. Neha 60,000 on credit. 25, 000; Cash at bank - Rs. Journalise the following transactions : iii. Journalise the following transactions: 70000. 4th May : 4th May : 5th May : 5th May : 5th May : 6th May : 6th . April-3 Deposited in to Bank Rs. Course Hero is not sponsored or endorsed by any college or university. Withdrew from the bank Rs.30, 000 for private use. iv. iv. Journalise the following transactions in the books of M/s. , organelles, such the nucleus and mitochondria, are enclosed by membranes that separate them from the cytoplasm.anybody here, In this tutorial, we will learn functions in C programming. ii. tests, examples and also practice Commerce tests. Journalise the following transactions : Journalise the following transactions with narration: which is called a compound journal entry. i. Journalise the following transactions in the book of ram - Accountancy - Recording of Transactions - I. NCERT Solutions; Board Paper Solutions; Ask & Answer; School Talk; Login; GET APP; Login Create Account. In such case you have two options: a) Use the same set of statements every time you want to perform the task b) Create a function to perform that task, and just call it everycan we be friends, . The Question and answers have been prepared according to the B Com exam syllabus. Liabilities: Ghanshyam 6,000; Vinod 8,000. iii. Received Rs.9,500 from Sohan in full settlement of his account for Rs.10,000. Journalise the following transactions in the books of sai enterprises - Read online for free. theory, EduRev gives you an He had availed Trade Discount of Rs.2,200 on the goods returned. 750. Goods worth Rs.500 were used by the proprietor for domestic purposes. CBSE Maths notes, CBSE physics notes, CBSE chemistry notes. Sold goods to Mahendra on credit Rs.46,500. Following transactions took place during Jan. 2017 : 2017 Jan. 2? i. for Commerce 2022 is part of Commerce preparation. Question 10. Answer. Rent outstanding Rs.5,000. iv. , crore) 360 (ii) Interest 200 (iii) Rent 300 (iv) Private final consumption expenditure (v) Government final consumption expenditure 1,300 730 (vi) Net exports (-) 20 (vii) Net indirect taxes 70 (viii) Net current transfers from rest of the world 80 (ix) Consumption of fixed capital 60 (x) Net factor income from abroad (-) 50 (xi) Profits 600 (xii) Compensation of employees 1,200, M.S. iv. Journalise the following transactions in the books of Bhushan Agencies: (i) Received from Bharat cash Rs 20,000, allowed him discount of Rs 500. Journalise the following transaction: Sold Goods to Ram for Rs. He bought goods old Rs.4,00,000 and furniture of Rs.5,00,000. covers all topics & solutions for B Com 2022 Exam. iv. Journalise the following : 15,000 and allowed discount of Rs. Kapur Paid salary for June 2017 by Cheque Salary advance paid to Maya nair to adjusted against the salary Paid. Goods sold costingRs.6,000 to M/s Kalu Sons at an invoice price 25% above cost less 5% Trade Discount. Question No 04 Chapter No 5 - USHA Publication 11 Class. Solution: Question 19. 60,000 Loan given to Bhuvan Rs. Paid Rs.2,500 in cash as wages on installation of a machinery. Solution: Question 29. Issued invoice at 10% above cost less 5% trade discount. Debit Balances as on Jan. 1, 2006: Cash in hand Rs. Ajay returned goods purchased from Manoj Rs.22,000. A fire occurred in the godown of Ajay and he lost goods worth Rs.10,000. Received Rs.975 from Harikrishna in full settlement of his account for Rs.1,000. 12 Purchased goods from Ganesh 30,000 on credit. Transcribed image text: Q.4. ii. Here you can find the meaning of Journalise the following transactions in the books of atma ram? Solution: Question 33. Sold goods to Puneet for Rs.5,000. 2019 May 1 Received 5,000 from Ram on behalf of Bharat. ii. 12 Paid . Journalise the following Transaction in the books of Ram 2020 1st jan Commenced business with Cash 2nd jan Purchased goods From Shyam 3rd jan Purchased Furniture for cash 4th jan Paid rent Through cheque 5th Jan Discount received 6th jan Cash withdrawn for personal use by Ram 7th jan Cash Sales 8th jan Deposited cash in Bank---x---Rs 1,00,000 5000. 1000. Lets say you are writing a C program and you need to perform a same task in that program more than once. iii. Problem No-13 Journalise the following transactions in the books of Mr. Shiva for the month of April 2010. Now let us consider some transactions of purchase and sale of goods on credit and understand how they are recorded in journal. ii. Ram A/c Dr. 14,000 Discount Allowed A/c Dr. 1,000 . Journalise them. Solution: Question 15. The stock was not insured. (20 mark 1,32,000 22,000 15,000 36,000 20,000 2,25,000 The redeemable shares were redeemed on the following basis: a . Compound entry can be of following three types: Single debit account and more than one credit account, Single credit account and more than one debit accounts, More than one debit account and more than one credit account, For example, if a debtor is allowed cash discount and he makes the payment. Received Rs.9,500 from Shyam on his account for Rs.10,000. Journalise the following transactions in the books of Gupta Bros., Lucknow (UP): CGST and SGST is levied @` 9%` each on intra-state (within the state) sale and purchase and IGST is levied @ `18%` on inter-state (Outside the state) sale and purchase. Parmatma Singh and Sons on account of purchase goods worth Rs.7,500. Prepare the trial balance. Hari Ram: Paid customs duty Rs.11,000 in cash on import of a new machinery. (iii) Received from Akhil Rs. 3rd May : Cash deposited into bank Rs. Journalise the following transactions in the books of atma ram? (ii) Received from . Journalise the following transactions in the books of Ashok General Stores. Journalise the . Solution. A function is a block of statements that performs a specific task. See Page 1. Sold goods to Manohar, list price Rs.4,000, Trade Discount 10% and cash Discount 5% he paid the amount on the same day and availed the cash discount. From the following ledger balances of Mr. Ram Das, Prepare a Trial Balance as on 31st March 2003. . Sold goods costing Rs.7,000 to Krishna for Rs.9,000 plus VAT @10% Solution. Received commission Rs.5,000 half of which is in advance. Paid Rs.2,500 in cash as wages on installation of a machine. Verified by Toppr. Solution: Question 22. Received Rs.780 from Surinder in full settlement of debt to his account for Rs.800. Puneet paid cash and availed discount Rs.100 He sold goods to Ramesh against cash Rs.20,000 and allowed him Cash Discount of Rs.400. Goods worth Rs.500 given as charity. Vas started his business with cash Rs 1,00,000. v Paid . Journalise the following transactions: Question No 03 Chapter No 5 - USHA Publication 11 Class. Solution: Question 13. Calculate the amount of the change for each account. A function is a block of statements that performs a specific task. Medium. ii. Purchased goods for Rs.60,000 and paid Rs.2,000 for arrange. v. Rajanikant is declared insolvent. Was this answer helpful? i. 8 Paid for Salary 8,000. i. Tarun introduced capital by cheque Rs.25,000. Verified by Toppr. v. Charged interest on capital Rs.1,25,000. Sold goods for Rs.10,000 and charged VAT @10% against cheque. It is composed of water, salts, and various organic molecules. iii. (refer transaction 36).. A function is a block of statements that performs a specific task. 4 Purchased Goods for cash 55,000. Journalise the following entries: Solution: Question 28. Cheque of Jatinder of Rs.10,000 deposited, returned unpaid. Gaurav purchased goods from Saurab for Rs.30,000 and Saurab allowed him Trade Discount of Rs.3,000. Goods purchased for Rs.1,000 given as charity. Journalise the following: Illustration 1: Journalise the following transactions in the books of Mr. Ram Krishna: 2007 () July 1 Mr. Ram Krishna Started business with cash 2,00,000 July 4 Goods purchased in cash 20,000 July 5 He deposited in Bank 40,000 July 7 Goods sold 15,000 July 10 Goods purchased from Mr. Kamlesh on credit 25,000 July . Lets say you are writing a C program and you need to perform a same task in that program more than once. 3 rd May : Cash deposited into bank 60,000 : 4 th May : Loan given to Bhuvan 20,000 : 4 th May : Paid cash to Veeru 20,000 : . vi. Goods costingRs.10,000 were returned to Ram Bros. as the goods were hazardous for the health of the consumers. i. Goods costingRs.10,000 were returned to Ram Bros. as the goods were hazardous for the health of the consumers. iii. From the following data, calculate National Income" by (a) Income method, and (b) Expenditure method: Items (i) Net domestic capital formation (in Also give value affected in each of the above case. i. 2nd jan Purchased goods From Shyam. Goods uninsured worth Rs.3,000 were destroyed by fire. ii. i. Rahul who owned Rs.5,000 was declared insolvent and 60 paise in a rupee are received as final compensation. Illustration 2: Journalise the following transactions in the books of trade Also make their Ledger Postings and prepare a Trial Balance. You can specify conditions of storing and accessing cookies in your browser, A brief description of the transaction is called , Cytoplasm is the gelatinous liquid that fills the inside of a cell. View full document. (refer transaction 36).. Ts grewal 11 th commerce Journal 1st question. Issued a cheque in favour of M/s. Paid Rs.250 in cash as wages on installation of a machine. A final compensation of 25 paise in the rupee is received from his estate out of Rs.5,000. Sold goods for cash to Rs.24,000. Solution: Question 21. Purchased goods for Rs.1,00,000 and availed Trade Discount of Rs.10,000. Journalise the following transactions: 6,000 from M/s. Journalise the following transactions in the books of Rama &Sons. This preview shows page 68 - 71 out of 316 pages. Track your progress, build streaks, highlight & save important lessons and more! 09.06.2021 Accountancy Secondary School answered expert verified Journalise the following transactions in the books of Ram 2 . R.K. & Co.: (i) Purchased goods at list price of Rs 20,000 from Vishal at 20% trade discount against cheque payment. 0. R.K. & Co. (i) Purchased goods at list price of 20,000 from Vishal at 20% trade discount against cheque payment. i. 2019 May 1 Received 5,000 from Ram on behalf of Bharat. Following balances appeared in the books of Ram & Shyam on January 1, 2017. : Assets : Cash in hand 30,000; Stock 36,000; Lal Chand 7,600; Mukesh Khanna 16,200; Furniture 8,000. 8A, Bangladesh University of Business & Technology MANAGEMENT bus 303, b Release of Funds The state through the finance ministry controls the release, Related Controls None 3 DEVELOPER CONFIGURATION MANAGEMENT HARDWARE INTEGRITY, All these benefits of cloud computing can give a business a competitive, Lotlot CPA has issued a report with the following wordings In our opinion the, A client has heard that nutrients can be converted to other nutrients in the, Saint Louis University, Baguio City Main Campus - Bonifacio St., Baguio City, Which of the following documents need to be updated as events occur during a, excludeall Satisfied when all of the cited services are disabled in the, Practice Evaluating Writing Student Draft 3 The student writer wants to alter, 4 5 80 d 3 20 5 5 15 100 15 e 16 25 4 4 64 100 64 2 Given the following values, University of Veterinary & Animal Sciences, Pattoki, The parties that might be affected The nature of the issues that might arise The, formatting of radio waves for other purposes Of the main forms of modulation, Lady Montella glanced at her musingly I am afraid your imagination is running, To emphasize the importance and necessity of candid communications between, 33 An economy has a debt of 20 billion at the beginning of the year Tax revenues, Horngren's Financial & Managerial Accounting, Horngren's Financial & Managerial Accounting, The Financial Chapters, Horngren's Financial & Managerial Accounting, The Managerial Chapters, Horngren's Accounting: The Managerial Chapters, Horngren's Cost Accounting: A Managerial Emphasis, Horngren's Accounting, The Financial Chapters.
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