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Cash Book

Accountancy

answered on 07-Sep-22 19:12

Please anybody tell me what will the Cash Book entry for October 10.

latest answer

Bill Payable A/c will be debited and Bank A/c will be credited. So on credit side of cash book- by bills payable â?¹5000

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

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431

Cash Book

Accountancy

answered on 07-Sep-22 17:47

The answer is Rs 1,55,350 but my answer is coming out as Rs 1,55,100. Please if anyone can help me in finding my mistake.

latest answer

It's okay...

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CA Inter

250

5

481

Journal Entry

Accountancy

answered on 20-Sep-22 19:46

Can anybody tell me please what will be the Journal Entry for : 1."Cash in Hand" 2."Cash withdrawn from Bank for office use."

latest answer

In 1st question Cash in hand if it tells about business or related to business run then the journel is Cash account ....Dr To Capital account In 2nd Cash account....Dr To bank account

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CA Inter

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10

557

Cash Book

Accountancy

answered on 07-Sep-22 17:20

The answer is Rs 26,200 but my answer is coming out to be Rs 27,250. Please if anyone can help me to find out the mistake.

latest answer

Ok

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CA Inter

250

4

342

Cash Book

Accountancy

answered on 07-Sep-22 17:05

Can anybody find out the mistake as the answer for Cash balance is eq to Rs 1,27,500 but my answer is not matching.

latest answer

Welcome

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CA Inter

250

5

409

Rectification of error

Accountancy

answered on 13-Sep-22 16:56

I am stuck at this little entry What is it's entry? And It shows 60000-36000=24000 is overdraft How it is a overdraft?

latest answer

Its a typo error in question. Cash cannot be negative 24,000 - This has to be bank overdraft. Other entry for Bank balance can be cash balance.

Nakul Dixit

Nakul Dixit

CA Final

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11

338

Forfeiture of shares

Accountancy

answered on 07-Sep-22 22:31

Here in the illustration, Why they debited the Equity Share Captial a/c ? The total equity share should cancelled in case of forfeiture,but again why we debiting it ?

latest answer

In accounts point of view one entry if you want to cancel reverse that entry. Thats was made in that illustration....

Shiva Netha

Shiva Netha

CA Foundation

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485

Level of entity

Accountancy

answered on 08-Sep-22 10:55

As per Accounting standards in which level of entity a trust is covered.

latest answer

https://youtu.be/SBz6fh6rFJI

Sindhu

Sindhu

CA Final

765

1

295

BANKING COMPANY

Accountancy

answered on 14-Sep-22 07:50

Can anyone explain me the marked part. Thanks in advance

latest answer

Ok sir

theee k

theee k

CA Final

435

2

327

Advanced accounting - doubt in AS 4

Accountancy

answered on 06-Sep-22 19:49

Could someone explain why cheques received after balance sheet date become non adjusting event here?

latest answer

Thank you sir!

Vijayalakshmi Sekar

Vijayalakshmi Sekar

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