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Question
1 What is cash book? Explain the different types of cash book2 Prepare a trial balance from the following
Particulars
Amount
Rs.
Purchases
8,225
Premium on lease
1,200
Wages
1,025
Loan on mortgage
2,500
Sales
12,450
Plant and machinery
2,000
Arun's capital
13,500
Provision for doubtful debts
300
Stock on 1-1-98
1,500
Sundry debtors
16,550
Salary
410
Trade charges
200
Rent and taxes
162
Bad debts
Sundry creditors
2,572
A user buys a new transponder for $20. What debit and credit entries would need to be made?
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Liquidity refers to a company's cash position, availability of resources to meet short-term cash requirements, and overall ability to obtain cash in the normal course of business.
decrease in assat & decrease in capital
stion 8 of 20 5.0 Points Merchandise lists for $5,000 with a trade discount of 10% and terms of 5/30, 3/60, n/90. If the purchaser is invoiced on April 12th and payment is m
Perpetual and Periodic inventory a) Describe the difference between the perpetual inventory method
how do I do a cash payments journal?
Scop of accounting
Q. Illsutarte the Summary of transactions? Summary of transactions is a teaching tool utilized to show the effects of transactions on the accounting equation. Note that the sto
What are steps to explain supplier? Ans) Supplier should follow the check list. 1 He should make confidence in the client mind 2 Services to be completed (fulfilled in tim
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