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प्रश्न
Write any one transaction which decreases the assets and decreases the liabilities
एक शब्द/वाक्यांश उत्तर
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उत्तर
Paid creditors
shaalaa.com
Approaches of Recording Transactions
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Books of Prime Entry - Very short answer questions [पृष्ठ ५८]
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संबंधित प्रश्न
Accounting equation signifies ___________.
‘Cash withdrawn by the proprietor from the business for his personal use’ causes ____________.
Real account deals with ____________.
Which one of the following is representative personal account?
What is the accounting equation?
How are personal accounts classified?
Write a brief note on accounting equation approach of recording transactions.
What is an Account?
What are the three different types of personal accounts?
Create an accounting equation on the basis of the following transactions:
- Started business with cash ₹ 80,000 and goods ₹ 75,000
- Sold goods to Shanmugam on credit for ₹ 50,000
- Received cash from Shanmugam in full settlement ₹ 49,000
- Salary outstanding ₹ 3,000
- Goods costing ₹ 1,000 given as charity
- Insurance premium paid ₹ 3000
- Out of insurance premium paid, prepaid is ₹ 500
