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Date particulars debit credit 1-may cash

Date particulars debit credit 1-may cash a/c 50000 common stock 50000 1-may cash a/c 20000 note payable a/c 20000 1-may cash alc 45000 preferred stock 3000 additional capital 42000 1500 28 1-may equipment a/c 15000 cash a/c 15000 1-may prepaid rent a/c 12000 cash a/c 12000 3-may supplies a/ 800 accounts payable a/c 800 3-may inventory a/c 5850 cash a/c 5850 6-may cash a/c 3630 service revenue a/c 3630

Date particulars debit credit 1-may cash a/c 50000 common stock 50000 1-may cash a/c 20000 note payable a/c 20000 1-may cash alc 45000 preferred stock 3000 additional capital 42000 1500 28 1-may equipment a/c 15000 cash a/c 15000 1-may prepaid rent a/c 12000 cash a/c 12000 3-may supplies a/ 800 accounts payable a/c 800 3-may inventory a/c 5850 cash a/c 5850 6-may cash a/c 3630 service revenue a/c 3630

Date particulars debit credit 1 may cash

These solutions for Ledger are extremely popular among Class 11 Commerce students for  On 1st April, 2018, Mohit started business with a capital of ₹ 50,000.  Debit. Amount. (Rs). Credit. Amount. (Rs). 2018. Apr.01. Cash A/c. Dr. 50,000  20,000. To Cash A/c. 20,000. (Cash paid to Rita). Apr.25. Rohit. Dr. 10,000.

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The figures in the margin on the right side indicate full marks.
Answer all the questions. 5X 2=10
1. Answer any two of the following:
(a) X has 60% interest in a joint venture with Y. X sold a plant with w.d.v. `60 lacs for `80 lacs.
Calculate how much profit X should recognize in its books as per AS-27 in case the joint

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Required information the following information applies to the questions displayed below j at the beginning of year 2, the redd company had the following balances in its accounts cash inventory common stock retained earnings $8,800 2,888 8,300 3,3e0 during year 2. the company experienced the following events 1. purchased inventory that cost $6.300 on account from ross company under terms 2/10, n/30 the merchandise was delivered fob shipping point freight costs of $580 were paid in cash. 2 returned $400 of the inventory it had purchased because the inventory was damaged in transit the seller agreed to pay the return freight cost 3. paid the amount due on its account payable to ross company

Required information the following information applies to the questions

traditional accounts crossword clue

Traditional Accounts Crossword Clue (2021)