Questions Ask question Search Order By: ActiveCategoryClear Filter 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 2.32K 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 1.22K 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 1.18K 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 1.64K 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 1.47K 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 1.47K 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 1.66K 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 1.25K 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 1.16K 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 903 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 967 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 1.10K 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 1.36K 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 1.02K 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 ₹ 2,500 865 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: 1.09K 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 1.18K 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 862 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 940 viewsAnurag Pathak Changed status to publish October 24, 2023BRS 0 Votes 1 Ans From the following particulars, prepare Bank Reconciliation Statement of Ms Sapna: 1.03K 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 ₹ 50,000 941 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: 934 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: 993 viewsAnurag Pathak Changed status to publish October 24, 2023BRS 0 Votes 1 Ans From the following particulars of Preeti, prepare Bank Reconciliation Statement showing the balance as per Pass Book on 31st March, 2023: 936 viewsAnurag Pathak Changed status to publish October 24, 2023BRS 0 Votes 1 Ans Cash Book of Jayant showed bank balance of ₹ 23,000 on 31st March, 2023. On verifying the Cash Book, it was noticed that two cheques for ₹ 5,000 and ₹ 7,000 782 viewsAnurag Pathak Changed status to publish October 24, 2023BRS « Previous 1 2 … 111 112 113 114 115 … 169 170 Next » Question and answer is powered by anspress.net
