Please select a subject first
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Correct and rewrite the following statement:
When a cheque is deposited into Bank it is credited to Cashbook.
Concept: undefined >> undefined
Answer in One Sentence:
What is Journal?
Concept: undefined >> undefined
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Answer in One Sentence:
What is Narration?
Concept: undefined >> undefined
Answer in One Sentence:
Which account is debited, when rent is paid by debit card?
Concept: undefined >> undefined
Answer in One Sentence:
Which discount is not recorded in the books of account?
Concept: undefined >> undefined
Answer in One Sentence:
In which order monthly transactions are recorded in a journal?
Concept: undefined >> undefined
Answer in One Sentence:
Which account is credited, when goods are sold on credit?
Concept: undefined >> undefined
Give one word/term or phrase for the following statement:
A book of prime entry.
Concept: undefined >> undefined
Give one word/term or phrase for the following statement:
The process of recording transactions in the Journal.
Concept: undefined >> undefined
Give one word/term or phrase for the following statement:
The French word from which the word Journal is derived.
Concept: undefined >> undefined
Give one word/term or phrase for the following statement:
Concession given for immediate payment.
Concept: undefined >> undefined
Give one word/term or phrase for the following statement:
Entry in which more than one accounts are to debited or credited.
Concept: undefined >> undefined
Give one word/term or phrase for the following statement:
Anything taken by proprietor from business for his private use.
Concept: undefined >> undefined
State whether the following statement is True or False with reasons.
Journal is a book of prime entry.
Concept: undefined >> undefined
State whether the following statement is True or False with reasons.
Trade discount is recorded in the books of accounts.
Concept: undefined >> undefined
State whether the following statement is True or False with reasons.
Drawings made by the proprietor increases his capital
Concept: undefined >> undefined
State whether the following statement is True or False with reasons.
GST paid on purchase of goods Input tax A/c should be debited.
Concept: undefined >> undefined
Correct the following statement and rewrite the statement:
Journal is a book of Secondary entry.
Concept: undefined >> undefined
Give word/term or phrase for the following statement:
Subsidiary book in which return of goods sold on credit is recorded.
Concept: undefined >> undefined
Journalise the following transactions in the books of Gajanan
2019 May
3 Purchased goods for ₹ 90,000 and amounts paid by Bank directly.
7 Sold goods to Satish on credit ₹ 30,000.
9 Paid for Postage ₹ 10,000.
12 Paid for Wages ₹ 15,000.
15 Received cheque of ₹ 30,000 from Satish.
21 Received Dividend ₹ 5000.
25 Purchased Laptop of ₹ 40,000 and paid by cheque.
28 Deposited cash ₹ 10,000 into State Bank of India.
31 Purchased goods for ₹ 40,000 and paid by RTGS
Concept: undefined >> undefined
