Please select a subject first
Advertisements
Advertisements
Prepare Analytical Petty Cash Book from the following transactions in the books of Swarali General Stores, Kolhapur. The imprest amount is ₹ 1,500 received from the main cashier.
| 2018 January | Amt (₹) | |
| 01 | Paid Cartage | 50 |
| 02 | Telephone Charges | 40 |
| 02 | Bus Fare | 20 |
| 03 | Postage | 30 |
| 04 | Refreshment to Employees | 80 |
| 06 | Courier Charges | 30 |
| 08 | Refreshment to Customers | 50 |
| 10 | Cartage | 35 |
| 15 | Taxi Fare to Manager | 70 |
| 18 | Purchased Stationery | 65 |
| 20 | Bus Fare | 10 |
| 22 | Xerox Charges | 30 |
| 25 | Internet Charges | 35 |
| 27 | Postage Stamps | 200 |
| 29 | Repair on Furniture | 105 |
| 30 | Cleaning Expenses | 115 |
| 31 | Miscellaneous Expenses | 100 |
Concept: undefined >> undefined
From the following information prepare Columnar Petty Cash Book kept on imprest system in the books of Manisha Books Stall, Beed.
| 2018 April | Amt (₹) | |
| 01 | Opening petty cash balance | 200 |
| 02 | Received a bearer cheque to make up the imprest amount | 1,200 |
| 03 | Gave a tips to peon | 40 |
| 04 | Purchased stationery | 150 |
| 05 | Paid Taxi Fare | 35 |
| 06 | Purchased Stamp pad | 140 |
| 07 | Paid Cartage | 40 |
| 08 | Paid Bus Fare | 30 |
| 11 | Paid to sweeper | 50 |
| 13 | Purchased a Box of pencils | 40 |
| 14 | Paid Mobile charges | 35 |
| 15 | Gave to Sohan on account | 250 |
| 19 | Paid for Refreshment to staff | 150 |
| 20 | Paid Railway Fare | 30 |
| 21 | Paid Carriage | 65 |
Concept: undefined >> undefined
Advertisements
From the following information prepare Columnar Petty Cash Book kept on imprest system in the books of Manisha Books Stall, Beed.
| 2018 April | Amt (₹) | |
| 01 | Opening petty cash balance | 200 |
| 02 | Received a bearer cheque to make up the imprest amount | 1,200 |
| 03 | Gave a tip to peon | 40 |
| 04 | Purchased stationery | 150 |
| 05 | Paid Taxi Fare | 35 |
| 06 | Purchased Stamp pad | 140 |
| 07 | Paid Cartage | 40 |
| 08 | Paid Bus Fare | 30 |
| 11 | Paid to sweeper | 50 |
| 13 | Purchased a Box of pencils | 40 |
| 14 | Paid Mobile charges | 35 |
| 15 | Gave to Sohan on account | 250 |
| 19 | Paid for Refreshment to staff | 150 |
| 20 | Paid Railway Fare | 30 |
| 21 | Paid Carriage | 65 |
Concept: undefined >> undefined
From the following information prepare Columnar Petty Cash Book kept on imprest system in the books of Manisha Books Stall, Beed.
| 2018 April | Amt (₹) | |
| 01 | Opening petty cash balance | 200 |
| 02 | Received a bearer cheque to make up the imprest amount | 1,200 |
| 03 | Gave a tips to peon | 40 |
| 04 | Purchased stationery | 150 |
| 05 | Paid Taxi Fare | 35 |
| 06 | Purchased Stamp pad | 140 |
| 07 | Paid Cartage | 40 |
| 08 | Paid Bus Fare | 30 |
| 11 | Paid to sweeper | 50 |
| 13 | Purchased a Box of pencils | 40 |
| 14 | Paid Mobile charges | 35 |
| 15 | Gave to Sohan on account | 250 |
| 19 | Paid for Refreshment to staff | 150 |
| 20 | Paid Railway Fare | 30 |
| 21 | Paid Carriage | 65 |
Concept: undefined >> undefined
Under a Single Entry System, Profit = Closing Capital Less ______.
Concept: undefined >> undefined
From the following information, prepare a columnar petty cash book kept on the imprest system in the books of Manisha Books Stall, Beed.
| 2018 April | Amt. (₹) | |
| 01 | Opening petty cash balance | 200 |
| 02 | Received a bearer cheque to make up the imprest amount | 1,200 |
| 03 | Gave a tips to peon | 40 |
| 04 | Purchased stationery | 150 |
| 05 | Paid Taxi Fare | 35 |
| 06 | Purchased Stamp pad | 140 |
| 07 | Paid Cartage | 40 |
| 08 | Paid Bus Fare | 30 |
| 11 | Paid to sweeper | 50 |
| 13 | Purchased a Box of pencils | 40 |
| 14 | Paid Mobile charges | 35 |
| 15 | Gave to Sohan on account | 250 |
| 19 | Paid for Refreshment to staff | 150 |
| 20 | Paid Railway Fare | 30 |
| 21 | Paid Carriage | 65 |
Concept: undefined >> undefined
Answer in One Sentence:
What is Capital?
Concept: undefined >> undefined
Answer in one sentence only.
Give two examples of intangible assets.
Concept: undefined >> undefined
Answer in one sentence only:
Give two examples of income and gains.
Concept: undefined >> undefined
Write one word/term or phrase which can substitute the following statement.
Right hand side of an account.
Concept: undefined >> undefined
Write one word/term or phrase which can substitute the following statement.
Left hand side of an account.
Concept: undefined >> undefined
State whether the following statement is True or False with reasons:
Personal transactions of proprietor are recorded in the books of account of the business.
Concept: undefined >> undefined
State whether the following statement is True or False with reasons:
Assets = Capital + Liabilities
Concept: undefined >> undefined
State whether the following statement is True or False with reasons:
Trademark account is a personal account.
Concept: undefined >> undefined
Fill in the blank:
Assets = Liabilities +______
Concept: undefined >> undefined
Prepare Chart showing Analysis of the following transaction in a Tabular form according to Modern Approach.
1. Mr. Meghraj started the business with cash of ₹ 30,000.
2. Deposited cash into Bank of India ₹ 2,000.
3. Withdrew cash ₹ 1,000 for personal use.
4. Purchased goods on credit from Nilesh ₹ 2,000.
5. Cash purchases ₹ 3,000.
6. Paid Wages ₹ 400.
7. Purchased a chair for office use ₹ 3,200.
8. Sold goods to Mohan worth ₹ 1,200.
9. Withdrew Cash for Office use ₹ 3,000.
10. Sold old furniture ₹ 9,000.
11. Received Dividend of ₹ 1,000.
12. Paid for Printing bill book ₹ 200.
Concept: undefined >> undefined
Give necessary transactions for the following effect of increase and decrease in Assets, Capital and Liabilities.
| ? | Increase in Assets |
| Decrease in Assets | |
| ? | Increase in Capital |
| Decrease in Assets | |
| ? | Decrease in Liabilities |
| Decrease in Assets | |
| ? | Decrease in Assets |
| Decrease in Capital |
Concept: undefined >> undefined
Give the accounting equation for the following transactions:
- Mr. Vaibhav started the business with Cash of ₹ 1,00,000.
- Purchased goods on credit from Rita Stores ₹ 9,000.
- Purchased Laptop for office use ₹ 10,000.
- Sold goods to Rina on credit ₹ 12,000.
- Received Interest ₹ 2,500.
- Paid Telephone bill ₹ 1,300.
Concept: undefined >> undefined
Give the accounting equation for the following transactions.
- Mr. Swaraj commenced business with a Bank balance of ₹ 1,10,000.
- Purchased Furniture on credit from S.M Furniture Mart ₹ 25,000.
- Bought goods on credit from Yuvraj ₹ 15,000.
- Purchased Machinery ₹ 10,000.
- Paid Electricity bill ₹ 3,500.
- Goods destroyed by fire ₹ 1,500.
Concept: undefined >> undefined
Show accounting equation for the following transactions:
1. Rohit started the business with cash of ₹ 50,000.
2. Bought goods on credit from Manoj ₹ 6,000.
3. Cash purchases ₹ 5,000.
4. Paid wages ₹ 3,000 to Casual labour.
5. Sold goods to Santosh ₹ 7,000 on credit.
6. Received Commission ₹ 1,000 from Vaishali.
Concept: undefined >> undefined
