Bank Reconcilia...

The reason for difference in cash book and pass book is

Calculate the amount of sales return. 5 Tables @Rs.150 each, 10 Chairs @ Rs.100 each, Trade discount@10%

Errors committed by the firm which causes difference in cash book and pass book except

Which of the following is not a function of Trial balance

If building have been given to a tenant on Rs. 240000 p.a, but during the year Rs.300000 has been received then Rs. 60000. Record the journal entry for the same

Calculate the purchase amount in this transaction given below. Brought from Ajay book House, 25 Dozen Pencils @ Rs.30 per dozen, 20 Dozen Ball pens @ Rs.10 per pen , Trade discount 10%

Calculate the amount of sales return – Returned by Jitendar Woods- 1 Dressing Table of list price Rs.1700 each. Trade Discount was 10%.

Calculate total expenses if capital Rs.200000, creditors Rs. 50000, revenue Rs.500000 and asset Rs. 500000

Reasons for the time gap in recording the transactions in the two books (Cash Book and Pass Book) are

Rs.500 bad debt recovered which were earlier written off as bad debt. Journal entry for this transaction will be

Calculate Cash balance during the week ending Dec.30, 2010 with a weekly imprest Rs. 500 Stationery Rs.100, Bus fare Rs.12, Cartage Rs. 40, Taxi fare Rs.80, Wages to casual labour Rs.90, Postage Rs.80

Calculate the amount of purchase return. Return to Aman Book House, 5 Dozen Pencils@Rs.30 per Dozen, Trade discount@10%

Paid rent to landlord Rs.1500. One third of the premises is occupied by the proprietor for his own residence. Calculate the amount of drawings

Why Bank Reconciliation Statement is prepared

Goods costing Rs. 20000 were sold for cash at a profit of 25%. By what amount stock account will decrease

Received Rs. 3800 from Kamal in full settlement of a claim of Rs. 4000.By what amount Kamal account should be credited

Goods costing Rs. 15000 were sold for cash at a Profit of 20%. By what amount stock account will decrease

Goods costing Rs.15000 were sold for cash at a profit of 20%. By what amount cash increase

An old machine with the book value of Rs.80000 is exchanged for a new machine of Rs.240000. The old machine is valued at Rs.50000 for exchange purposes by Machine Tools Ltd. Calculate the profit /Loss

An old machine with the book value of Rs.80000 is exchanged for a new machine of Rs.240000. The old machine is valued at Rs.50000 for exchange purposes by Machine Tools Ltd. By what amount machine account should be credited