Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Muskan Traders purchased four machines of ₹ 25,000 each on 1st July, 2019. On 30th September, 2020, the firm sold one of the machine purchased on 1st July, 2019 at a lost of ₹ 2,500 2.50K viewsAnurag Pathak Changed status to publish October 24, 2023Depreciation 0 Votes 1 Ans A Van was purchased on 1st April, 2019 for ₹ 60,000 and ₹ 5,000 were spent on its repair and registration. On 1st October, 2020, another van was purchased for ₹ 70,000 1.77K viewsAnurag Pathak Changed status to publish October 24, 2023Depreciation 0 Votes 1 Ans On 1st April, 2019, Bhushan purchased a machine for ₹ 2,40,000 and spent ₹ 10,000 on its installation. On 1st October, 2019, another machinery costing ₹ 1,00,000 was purchased 2.61K viewsAnurag Pathak Changed status to publish October 24, 2023Depreciation 0 Votes 1 Ans From the following transactions of a firm, prepare Machinery Account for the year ended 31st March, 2022: Purchased second-hand machinery for ₹ 40,000 1.52K viewsAnurag Pathak Changed status to publish October 24, 2023Depreciation 0 Votes 1 Ans On 1st April, 2018, Ajay Bros. purchased office furniture for ₹ 55,000. It is estimated to have useful life of 10 years at the end of which it can be sold for ₹ 5,000 1.43K viewsAnurag Pathak Changed status to publish October 24, 2023Depreciation 0 Votes 1 Ans On 1st April, 2018, Rupa & Co. Purchased a machinery for ₹ 3,00,000 and incurred ₹ 21,000 as freight and insurance, ₹ 3,000 as carriage inwards and ₹ 6,000 as installation charges 1.95K viewsAnurag Pathak Changed status to publish October 24, 2023Depreciation 0 Votes 1 Ans On 1st April, 2020, Sanjay purchased machinery for ₹ 40,000 and spent ₹ 5,000 on its installation 1.78K viewsAnurag Pathak Changed status to publish October 24, 2023Depreciation 0 Votes 1 Ans Shiv & Co. purchased machinery for ₹ 21,000 on 1st April, 2019. The estimated useful life of the machinery is 10 years, after which its realisable value will be ₹ 1,000 1.79K viewsAnurag Pathak Changed status to publish October 24, 2023Depreciation 0 Votes 1 Ans Calculate the amount of annual depreciation and rate of depreciation under Straight Line Method in each of the alternative cases 1.98K viewsAnurag Pathak Changed status to publish October 24, 2023Depreciation 0 Votes 1 Ans Bank Pass Book of Srijan showed an overdraft of ₹ 33,575 on 31st March, 2023, while going through the Bank Pass Book the accountant found the following 1.84K viewsAnurag Pathak Changed status to publish October 24, 2023BRS 0 Votes 1 Ans Balance as per Bank Pass Book on 31st March, 2023 overdrawn ₹ 10,000 1.54K viewsAnurag Pathak Changed status to publish October 24, 2023BRS 0 Votes 1 Ans From the following particulars, you are required to determine the bank balance as would appear in the Cash Book of Ramesh as on 31st October, 2022 1.18K viewsAnurag Pathak Changed status to publish October 24, 2023BRS 0 Votes 1 Ans On checking the Bank Pass Book, it was noticed that it showed an overdraft of ₹ 5,220 as on 31st March, 2023 while as per Ledger it was different from bank balance. The following differences were noted 1.27K viewsAnurag Pathak Changed status to publish October 24, 2023BRS 0 Votes 1 Ans Prepare Bank Reconciliation Statement from the following particulars as on 31st March, 2023 when the Bank Pass Book shows a debit balance of ₹ 2,500 1.45K viewsAnurag Pathak Changed status to publish October 24, 2023BRS 0 Votes 1 Ans On 31st December, 2022, Pass Book shows a debit balance of ₹ 7,500. From the following particulars, prepare a Bank Reconciliation Statement 1.64K viewsAnurag Pathak Changed status to publish October 24, 2023BRS 0 Votes 1 Ans On 31st March, 2023, Bank Pass Book of Naresh & Co showed an overdraft of ₹ 1,07,000. From the following information, prepare Bank Reconciliation Statement 1.41K viewsAnurag Pathak Changed status to publish October 24, 2023BRS 0 Votes 1 Ans Prepare Bank Reconciliation Statement from the following information as on 31st March, 2023, when Bank Pass Book shows a debit balance of ₹ 2,500 1.20K viewsAnurag Pathak Changed status to publish October 24, 2023BRS 0 Votes 1 Ans On 31st March, 2023, Cash Book of Karan showed a credit bank balance of ₹ 1,05,000, but due to the following reasons the Bank Pass Book showed a different balance: 1.42K viewsAnurag Pathak Changed status to publish October 24, 2023BRS 0 Votes 1 Ans On 31st March, 2023 the Cash Book of Babu showed on overdraft of ₹ 18,000 with the Bank of India 1.64K viewsAnurag Pathak Changed status to publish October 24, 2023BRS 0 Votes 1 Ans On 31st March, 2023, Naresh had an overdraft of ₹ 4,000 as shown by his Cash Book in the bank column 1.16K viewsAnurag Pathak Changed status to publish October 24, 2023BRS 0 Votes 1 Ans Bank Pass Book of a customer shows a bank balance of ₹ 62,000 on 31st March, 2023. On comparing it with the Cash Book the following discrepancies were noted 1.37K viewsAnurag Pathak Changed status to publish October 24, 2023BRS 0 Votes 1 Ans From the following particulars, prepare Bank Reconciliation Statement of Ms Sapna: 1.35K viewsAnurag Pathak Changed status to publish October 24, 2023BRS 0 Votes 1 Ans Prepare Bank Reconciliation Statement from the following particulars on 31st July, 2023: Balance as per Bank Pass Book ₹ 50,000 1.34K viewsAnurag Pathak Changed status to publish October 24, 2023BRS 0 Votes 1 Ans On examining the Bank Pass Book of Rajat Bros, it is noticed that the balance shown on 31st March, 2023, differs from the bank balance of ₹ 23,650 shown by the Cash Book on that date, By comparing the entries it is identified that: 1.28K viewsAnurag Pathak Changed status to publish October 24, 2023BRS 0 Votes 1 Ans On 30th June, 2023, Bank Column of the Cash Book of Komal showed a balance of ₹ 12,000 but the Bank Pass Book showed a different balance due to the following reasons: 1.29K viewsAnurag Pathak Changed status to publish October 24, 2023BRS « Previous 1 2 … 115 116 117 118 119 … 173 174 Next » Question and answer is powered by anspress.net
