Commerce School

Student Community

YOUTUBE CHANNELSubscribe

Telegram Channel

Commerce School

Student Community

Telegram Channel

YOUTUBE CHANNELSubscribe

Category Incomplete Records

Incomplete Records 15 Questions

0 Votes 1 Ans

Ajay commenced business on 1st April, 2021 with a capital of ₹ 10,000. He immediately bought furniture and fixtures for ₹ 2,000

2.30K viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records

0 Votes 1 Ans

Raj commenced business on 1st April, 2022 with a capital of ₹ 1,00,000. He immediately bought furniture and fixture for ₹ 20,000

1.64K viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records

0 Votes 1 Ans

Following information is supplied to you by a shopkeeper:

2.95K viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records

0 Votes 1 Ans

From the following information relating to the business of Yug, who keeps books on Single Entry System, ascertain the profit or loss for the year ended 31st March, 2023

2.09K viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records

0 Votes 1 Ans

Kumaran, a trader, does not keep proper books of account, However, he furnishes you the following particulars:

1.81K viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records

0 Votes 1 Ans

Angad keeps his books on Single Entry System He gives the following information:

2.09K viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records

0 Votes 1 Ans

X, a retailer, has not kept proper books of account but it has been possible to obtain the following details:

1.83K viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records

0 Votes 1 Ans

On 1st April, 2022, Shiv started a business with ₹ 40,000 as his capital. On 31st March, 2023, his position was as follows

1.93K viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records

0 Votes 1 Ans

Kuldeep, a general merchant, keeps his accounts on Single Entry System. He wants to know the results of his business on 31st March, 2023 and for that the following information is available

1.94K viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records

0 Votes 1 Ans

Shiv maintains his books of account on Single Entry System. His books provide the following information

1.87K viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records

0 Votes 1 Ans

Prashad keeps his books on Single Entry System, and from them and the particulars, supplied, the following figures were gathered on 31st March, 2023

1.68K viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records

0 Votes 1 Ans

Kapil started his business on 1st April, 2022 with a Capital of ₹ 10,000. On 31st March, 2023, his assets were:

1.58K viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records

0 Votes 1 Ans

Ranjeet maintains books of account on Single Entry System. He gives you the following information:

1.21K viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records

0 Votes 1 Ans

Capital of Gaurav in the beginning of the year was ₹ 70,000. During the year his business earned a profit of ₹ 20,000

1.49K viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records

0 Votes 1 Ans

The following information of an accounting year is given: Opening Capital ₹ 60,000; Drawings ₹ 5,000; Capital added during the year ₹ 10,000 and Closing Capital ₹ 90,000

1.58K viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records

Question and answer is powered by anspress.net