Class name Subject Book title Chapter number Content Created at
Class XI Accountancy Accountancy-II 2 to writing off a portion of the cost of an asset which has been used in the business for the purpose of earning profits. In the balance sheet, the ...
Class XI Accountancy Accountancy-II 2 How are the relevant accounts prepared and what journal entries are recorded in final accounts? How is the amount for provision for doubtful debts ...
Class XI Accountancy Accountancy-II 2 profit and loss account of M/s Green Club Ltd. for the year ending March 31, 2017.­from the following figures taken from his trial balance :­ Accou...
Class XI Accountancy Accountancy-II 2 2,500­ ­ ­ ­Investment­ 32,000­ ­ ­ ­Debtors­­ 53,000­ ­ ­ ­Bills receivable­ 20,000­ ­ ­ ­Postage and Telegraph ­ 400­ ­ ­ ­­Commission ­ 200­ ­ ­...
Class XI Accountancy Accountancy-II 2 loss ` 4,600; Total balance sheet `2,98,900). Reprint 2026-27 Financial Statements - II 373 5. From the following information prepare trading and p...
Class XI Accountancy Accountancy-II 2 Bad debts­ 3,000­­ Sundry creditors­­ 25,000­ Trade expense­s 2,500­­ Provision for bad debts­ 1,500­ Printing and Stationary­ 5,000­­ Return outwa...
Class XI Accountancy Accountancy-II 2 ­Cash at bank­ ­ 98,000­ ­Sundry debtors­­ 25,000­ ­ ­ ­Investments­ 40,000­ ­ ­ ­­nsurance­ 3,500­ ­ ­ ­Machinery­ 22,000­ ­ ­ 11,78,700­ 11,78,70...
Class XI Accountancy Accountancy-II 2 a provision at 5% on debtors for doubtful debts.­ 5. Salary outstanding was `100 and Wages prepaid was ` 40­. 6. The manager is entitled a commissi...
Class XI Accountancy Accountancy-II 2 Charge 5% depreciation on furniture. ( Ans. : Gross profit ` 21,900 ; Net profit ` 25,185 ; Total balance sheet ` 71,185). Reprint 2026-27 380 Acco...
Class XI Accountancy Accountancy-II 2 outwards­ 1,485­ ­ Debtors and Creditors­ 36,000­ 58,500­ General expenses­ 6,975­ ­ Octroi ­ 530­ ­ Investment­ 41,400­ ­ 2,73,600­ 2,73,600­ Clos...
Class XI Accountancy Accountancy-II 2 based on values in a field of a table or query. Criteria to select the set of records in the table or query that is desired to be used for calculat...
Class XI Accountancy Accountancy-II 2 examples, the amount of minimum purchase transaction and maximum purchase transaction is retrieved and reported. It may also be noted that ‘711001’...
Class XI Accountancy Accountancy-II 2 to compute and return the sum of a set of values. For Example, consider the following SQL statement that has been used in Chapter-V to prepare the ...
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...
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...
Class XI Accountancy Financial Accounting-I 3 5,10,000 6,80,000 Equation 54 Accountancy enter amount on the left side of an account is to debit the account. To enter amount on the right side is...
Class XI Accountancy Financial Accounting-I 3 increases cash on one hand and increases capital on the other hand. Increases in assets are debited and increases in capital are credited. Therefor...
Class XI Accountancy Financial Accounting-I 3 Goods purchased from Sumit Traders for `55,000 Analysis of transaction : This transaction increases purchases (expenses) and increases liabilities ...
Class XI Accountancy Financial Accounting-I 3 Rajani Enterprises Account Bank’s Account (6) 35,000 (9) 35,000 (2) 4,80,000 (3) 60,000 (9) 35,000 Test Your Understanding - I 1. Double entry acco...
Class XI Accountancy Financial Accounting-I 3 book in whichthetransactionisrecordedforthefirsttimeiscalledjournalorbookoforiginal entry.Thesourcedocument,asdiscussedearlier,isrequiredtorecordth...
Class XI Accountancy Financial Accounting-I 3 took place. In the Particulars column, the account title to be debited is written on the first line beginning from the left hand corner and the wor...
Class XI Accountancy Financial Accounting-I 3 A/c Dr. 30,000 To Govind Traders A/c 30,000 (Purchase of goods- in-trade from Govind Traders) It will be noticed that although the transaction resu...
Class XI Accountancy Financial Accounting-I 3 the later date) Purchases A/c Dr. 55,000 To M/s Sumit Traders A/c 55,000 (Goods bought on credit) Rajani Enterprises A/c Dr. 35,000 To Sales A/c 35...
Class XI Accountancy Financial Accounting-I 3 Priya On Credit) Apr.03 Bank A/c Dr. 16,000 To Priya A/c 16,000 (Cheque Received from Priya) Apr.05 Nidhi A/c Dr. 14,000 To Sales A/c 14,000 (Sale ...
Class XI Accountancy Financial Accounting-I 3 and SGST @ 5% and all transactions are occurred within Delhi) i. Shobit bought goods ` 1,00,000 on credit ii. He sold them for ` 1,35,000 in the sa...