Journalise the following transactions, post to the ledger: 2017 Nov. 01 Nov. 03 Nov. 05 Nov. 08
Question:
Journalise the following transactions, post to the ledger:
Transcribed Image Text:
2017 Nov. 01 Nov. 03 Nov. 05 Nov. 08 Nov. 10 Nov. 13 Nov. 15 Nov. 18 Nov. 20 Nov. 22 Nov. 25 Nov. 26 Nov. 27 Nov. 29 Business started with (1) Cash (11) Goods Nov. 30 Purchased goods from Harish Sold goods for cash Purchase furniture for cash Cash paid to Harish on account Paid sundry expenses Cash sales C Deposited into bank Drew cash for personal use Cash paid to Harish in full settlement of account Good sold to Nitesh Cartage paid Rent paid publis Received cash from Nitesh Discount allowed Salary paid ₹ 1,50,000 50,000 30,000 12,000 5,000 15,000 200 15,000 5,000 1,000 14,700 7,000 200 1,500 6,800 200 3,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
Lets journalize the given transactions and post them to the ledger Journal Entries Business started ...View the full answer
Answered By
Abdul Wahab Qaiser
Before working at Mariakani, I volunteered at a local community center, where I tutored students from diverse backgrounds. I helped them improve their academic performance and develop self-esteem and confidence. I used creative teaching methods, such as role-playing and group discussions, to make the learning experience more engaging and enjoyable.
In addition, I have conducted workshops and training sessions for educators and mental health professionals on various topics related to counseling and psychology. I have presented research papers at conferences and published articles in academic journals.
Overall, I am passionate about sharing my knowledge and helping others achieve their goals. I believe that tutoring is an excellent way to make a positive impact on people's lives, and I am committed to providing high-quality, personalized instruction to my students.
0.00
0 Reviews
10+ Question Solved
Related Book For
Accountancy Financial Accounting Part 1 Textbook For Class 11
ISBN: 9788174505071
1st Edition
Authors: NCERT
Question Posted:
Students also viewed these Business questions
-
Journalise the following transactions and post them into ledger account & prepare trial balance . 2020 march 1, started business with cash 150000, machinery worth 200000 and building 350000 . 5,...
-
Expensive Designs Pty Ltd started as a business on 1 June 2020. Listed below are the transactions that took place in the month of June 2020: June 1 Issued shares to investors for $10,000 cash. 2...
-
Journalise the following transactions that relate to John Bravo Ltd. for the month of January 2020. Jan 1 The owner, John Bravo invested cash of $50,000 and land worth $100,000 to start a business as...
-
You and Sam have been in touch since the Palm Beach Business Development Luncheon, and he has expressed interest in your working on his business audit. The two of you make plans to meet for lunch,...
-
In order to encourage employee ownership of the company's $1 par common shares, Washington Distribution permits any of its employees to buy shares directly from the company through payroll deduction....
-
Suppose the State of Arizona decided to preserve some beautiful caves in the southwestern part of the state. To defray the cost of preservation, state managers decided to open the caves to guided...
-
A 48-kg acrobat must jump high and land on his brother's shoulders. To accomplish this, she leaps from a crouched position to a height where her center of mass is \(1.60 \mathrm{~m}\) above the...
-
Wood Cre-ations designs, manufactures, and sells modern wood sculptures. Sally Jensen is an artist for Wood Creations. Jensen has spent much of the past month working on the design of an intricate...
-
6. To a ground observer the block C is moving with v, and the block A with v. B is moving with v relative to C as shown in the figure. Identify the correct statement. (a) V-V =Vo (b)= A C B (c) V+V =...
-
Journalise the following transactions is the journal of M/s Goel Brothers and post them to the ledger. 2017 Jan. 01 Jan. 02 Jan. 04 Jan. 05 Jan. 08 Jan. 10 Jan. 15 Jan. 16 Jan. 18 Jan. 20 Jan. 22...
-
Prepare Journal from the transactions given below : (a) Cash paid for installation of machine (b) Goods given as charity *500 *2,000 *70,000 (c) Interest charge on capital @7% p.a. when total capital...
-
What is meant by "non-controlling interest"? What does the non-controlling interest on a company's balance sheet represent? What does it represent on the income statement?
-
Carryon Company sells a product and a 1 2 - month service package for that for a combined price of $ 8 the service sell for $ 4 5 0 and $ 5 5 0 , respectively. How much of the combined price should...
-
Produce a report describing [the rise of vegan choices and its increase in impact on Perkins Restaurant & Bakery]. Advocate a plan of response for your client. Perkins Restaurant & Bakery is...
-
As a listener, you are ethically responsible for what you accept from others. What can you do to be less distracted by the delivery and emotional elements of a speaker's message and be more focused...
-
Describing communication pattern, analyzing goal, and developing a plan ?
-
4. Conceptual Connection: Repeat Requirement 3, assuming the expected overhead cost for Department B is $98,000 (not $73,000). Round overhead rates to the nearest cent. Plantwide Job 73 Job 74...
-
The implementation of mutexes within the eCos kernel does not support recursive locks. If a thread has locked a mutex and then attempts to lock the mutex again, typically as a result of some...
-
Nike manufactures shoes and sportswear. How has the Internet changed the way this company communicates with its suppliers and retail customers?
-
Compute cost of goods sold for the years 2005 with the help of the following information and prepare trading account Sales Purchases Wages Stock (Apr. 01, 2004) Stock (March 31, 2005) Freight inwards...
-
From the following information, prepare a profit and loss account for the year ending March 31, 2005. Gross profit Rent Salary Commission paid Interest paid on loan Advertising Discount received...
-
Prepare a trading account of M/s Anjali from the following information related to 2005-06. Opening stock Purchases Sales Purchases return Sales return Carriage on purchases Carriage on sales Factory...
-
For this analysis, you will assume the role of Douglas Myers. Incorporate the following questions into your analysis: What are your goals compared to your Chinese counterparts? What type of conflict...
-
Calculate the tension in the cable connecting the two masses. Assume all surfaces are frictionless. (8 marks) 5.0 kg 6.0 kg 60 70
-
Determine the acceleration of a 1500 kg automobile that rolls down an incline of 30 from the horizontal if a coefficient of friction between the tires and the incline is 0. 12.
Study smarter with the SolutionInn App