WebGiven as Charity: Cash Rs. 6000, Goods Rs. 18000 & Sofa-set worth Rs. 24000. 5. Goods worth Rs. 4200 stolen by an employee. 6. Purchase two House worth Rs. 110000 for the business. ... Harish started business with cash Rs. 10000 2. Bought goods from Manohar Rs. 5000 3. Purchase fittings for cash Rs. 800 4. Sold goods to Charanjeet Rs. … WebWhat will be the effect of the following on the accounting equation? (i) Harish started business with cash Rs.18,000. (ii) Purchased goods for cash Rs.5,000 and on credit …
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WebAug 12, 2024 · Prepare an Accounting Equation from the following : (i) Started business with cash Rs. 50,000 and goods Rs. 30,000. asked Aug 28, 2024 in Accounts by PujaBharti (55.9k points) accounting equation; … Web(i) Harish started business with cash Rs 18,000 (ii) Purchased goods for Cash Rs 5,000 and on credit Rs 2,000 (iii) Sold goods for cash Rs 4,000 (costing Rs 2,400) (iv) Rent paid Rs1,000 and Rent Outstanding Rs 200 Ans. The Following table is Showing the Accounting Equation. Points for Knowledge:
WebMay 18, 2016 · Harish started a business with cash rs.18000. Share with your friends. 0 Follow 0. Govinda Kakkar, added an answer, on 18/5/16. Cash a/c Dr. 1800000. To … WebOct 13, 2024 · Harish Started Business with cash Rs 18,000 +18,000 – – +18,000 : 18,000 – – +18,000 (ii) Purchased goods for cash Rs 5,000 and Credit 2,000-5,000 …
WebNov 23, 2024 · (a) Mohan started a business on 1st April, 2024 with a capital of ₹ 10,000 and borrowed ₹ 3,000 form a friend. He earned a profit of ₹ 5,000 during the year ended … WebCredit Sales = 24,000 × 50% = Rs. 12,000. Point in mind for DK Goel Solutions Class 11 Chapter 6 : –. (1) Rule of Personal Account: Debit the receiver and credit the giver. (2) …
WebWhat will be the effect of the following on the accounting equation? (i) Harish started business with cash Rs.18,000. (ii) Purchased goods for cash Rs.5,000 and on credit Rs.2000.
WebMar 14, 2024 · The land was worth Rs. 1,50,000 and the building worth Rs. 3, 50,000. The purchase price was price was paid with Rs. 2,00,000 cash and a long term note payable for Rs. 8,00,000. (c) Purchased office supplies on credit for Rs. 12,000. (d) Bobbie transferred title of motor car to the business. The motor car was worth Rs. 90,000. eye mattering causeWebJul 22, 2024 · Harish started business with cash 18000 purchased goods for cash 5000and on credit 2000. Sold goods for cash 4000(coasting 2400. Rent paid 1000and rent outstanding 200. ... 1,600 hoursAverage cost of repairs – for four weekly period – Rs. 1,200Standing charges per four weekly period – Rs. 400 Power used by the machine 4 … eyemax dvr softwareWebWhat will be the effect of the following on the accounting equation? (i) Harish started business with cash Rs.18,000. (ii) Purchased goods for cash Rs.5,000 and on credit Rs.2000. does a nickel weigh 5 gramsWebJul 4, 2024 · Ramesh Started business with cash 100000. LIVE Course for free. Rated by 1 million+ students ... B joined him with 40000. After some more months, C joined them … eyemax computer geeks in town reviewWebStarted business with cash Rs 100000. Here two accounts need to be open. Capital A/c personal Account by nature or its liability also. Cash A/c which is real account by … does an icloud backup save everythingWebHarish started business with cash Rs.18,000 ii. Purchased goods for cash 5,000 and on credit Rs.2,000 iii. Sold goods for cash Rs.4,000 (costing Rs.2,400) iv. Rent paid … does an icloud account cost moneyWeb(i) Harish started business with cash ₹ 18,000 (ii) Purchased goods for Cash ₹ 5,000 and on credit ₹ 2,000 (iii) Sold goods for cash ₹ 4,000 (costing ₹ 2,400) (iv) Rent paid ₹ … eyemax corporate