Category [CBSE] Single Entry System [CBSE] Single Entry System 17 Questions Ask question Search Order By: ActiveClear Filter 0 Votes 1 Ans On 1st April, 2022, X started a business with ₹ 40,000 as his capital. On 31st March, 2023, his position was as follows: 737 viewsAnurag Pathak Changed status to publish January 13, 2024[CBSE] Single Entry System 0 Votes 1 Ans Gurman, a retailer, has not maintained proper books of account but it has been possible to obtain the following details: 846 viewsAnurag Pathak Changed status to publish January 13, 2024[CBSE] Single Entry System 0 Votes 1 Ans Vikas is keeping his accounts according to Single Entry System. His capital on 31st March, 2022 was ₹ 2,50,000 and his capital on 31st March, 2023 was ₹ 4,25,000 862 viewsAnurag Pathak Changed status to publish January 13, 2024[CBSE] Single Entry System 0 Votes 1 Ans Following information is supplied to you by a shopkeeper: 698 viewsAnurag Pathak Changed status to publish January 13, 2024[CBSE] Single Entry System 0 Votes 1 Ans From the following information relating to the business of Abhay who keeps books on Single Entry System, ascertain the profit or loss for the year 2022-23 686 viewsAnurag Pathak Changed status to publish January 13, 2024[CBSE] Single Entry System 0 Votes 1 Ans Kuldeep, a general merchant, keeps his accounts on Single Entry System 414 viewsAnurag Pathak Changed status to publish January 13, 2024[CBSE] Single Entry System 0 Votes 1 Ans Mahesh commenced business on 1st April 2022 with a capital of ₹ 10,000. He immediately bought furniture and fixtures for ₹ 2,000 796 viewsAnurag Pathak Changed status to publish January 13, 2024[CBSE] Single Entry System 0 Votes 1 Ans Swastik maintains his books of account by Single Entry System. His books provide the following information: 985 viewsAnurag Pathak Changed status to publish January 10, 2024[CBSE] Single Entry System 0 Votes 1 Ans Shruti maintains her books of account from Incomplete Records. Her books provide the following information: 753 viewsAnurag Pathak Changed status to publish January 10, 2024[CBSE] Single Entry System 0 Votes 1 Ans Muneesh maintains his books on Single Entry System and from them and the particulars supplied, the following figures were gathered together on 31st March, 2023: 939 viewsAnurag Pathak Changed status to publish January 10, 2024[CBSE] Single Entry System 0 Votes 1 Ans Krishan started his business on 1st April, 2022 with a Capital of ₹ 1,00,000. On 31st March, 2023, his assets were: 729 viewsAnurag Pathak Changed status to publish January 10, 2024[CBSE] Single Entry System 0 Votes 1 Ans Gurman who keeps his books on Single Entry System sells goods at cost plus 50% 943 viewsAnurag Pathak Changed status to publish January 10, 2024[CBSE] Single Entry System 0 Votes 1 Ans Vikas maintains books on Single Entry System. He gives you the following information: 624 viewsAnurag Pathak Changed status to publish January 10, 2024[CBSE] Single Entry System 0 Votes 1 Ans Pankaj maintains his books of account on Single Entry System 682 viewsAnurag Pathak Changed status to publish January 10, 2024[CBSE] Single Entry System 0 Votes 1 Ans Capital of Ganesh Gupta in the beginning of the year was ₹ 70,000. During the year his business earned a profit of ₹ 20,000, he withdrew ₹ 7,000 for his personal use 595 viewsAnurag Pathak Changed status to publish January 10, 2024[CBSE] Single Entry System 0 Votes 1 Ans Ramesh does not maintain the proper records of his business, he gives you the following information: 583 viewsAnurag Pathak Changed status to publish January 10, 2024[CBSE] Single Entry System 0 Votes 1 Ans Following information of an accounting year is given Opening Capital ₹ 60,000; Drawings ₹ 5,000 291 viewsAnurag Pathak Changed status to publish January 10, 2024[CBSE] Single Entry System Question and answer is powered by anspress.net