Following transactions of Ramesh for April 2016 are given below. Journalise them. 2016 April 1 April...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Following transactions of Ramesh for April 2016 are given below. Journalise them. 2016 April 1 April 2 April 3 April 4 April 13 April 20 April 24 April 28 April 30 April 30 April 30 Ramesh started business with cash Paid into bank Bought goods for cash Drew cash from bank for office use Sold goods to Krishna on credits Bought goods from Shyam on credits Received from Krishna Paid cash to Shyam Discount allowed by him Cash sales for the month Paid rent Paid salary to Ram 10,000 7,000 500 100 150 225 150 215 10 800 50 100 Following transactions of Ramesh for April 2016 are given below. Journalise them. 2016 April 1 April 2 April 3 April 4 April 13 April 20 April 24 April 28 April 30 April 30 April 30 Ramesh started business with cash Paid into bank Bought goods for cash Drew cash from bank for office use Sold goods to Krishna on credits Bought goods from Shyam on credits Received from Krishna Paid cash to Shyam Discount allowed by him Cash sales for the month Paid rent Paid salary to Ram 10,000 7,000 500 100 150 225 150 215 10 800 50 100
Expert Answer:
Answer rating: 100% (QA)
Here are the journal entries for Rameshs transactions in April 2016 April 1 Ramesh started business ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these accounting questions
-
Rene Descartes proclaimed "what" about the relationship between mind and body? Explain.
-
what degree should these corporations be held accountable for the health consequences associated with their products in the markets they enter? Describe.
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
What is GST?
-
MULTIPLE CHOICES 1. Which of the following is not a primary need, according to Maslow? a. Food b. Shelter c. Sex d. Education 2. Joe Smith, having been embarrassed at the office, goes home and binges...
-
As a media buyer, how would you go about multiplying various media strengths? Provide an example.
-
In a dynamic vibration absorber having \(\frac{\omega_{2}}{\omega_{1}}=1\) and \(\mu=\frac{m_{2}}{m_{1}}=\frac{1}{2}\), determine the frequency range over which the value of the transmission ratio,...
-
How is building a brand in a business-to-business context different from doing so in the consumer market?
-
Compare and contrast between formula method, equal pay method and pay for performance methods of compensation ?
-
Dwight Donovan, the president of Donovan Enterprises, is considering two investment opportunities. Because of limited resources, he will be able to invest in only one of them. Project A is to...
-
Write the differences and similarities between cultural relativism and ethnocentrism. Use Venn diagram.
-
What is the output of the following when run as java EchoFirst.java seed flower plant? A. 0 B. 1 C. 2 D. The code does not compile. E. The code compiles but throws an exception at runtime. F. The...
-
The partnership of Tasha and Bill shares profits and losses in a 50:50 ratio, and the partners have capital balances of $45,000 each. Prepare a schedule showing how the bonus should be divided if...
-
R and Q form equal partnership RQ on February 15. Partner R has a tax year ending on July 31, whereas partner Qs tax year ends on October 31. What taxable year must the partnership use? a. February...
-
Use your results from question 16 to construct a relative frequency table and a cumulative relative frequency table. Use the goaltenders salaries for the 1991 NHL season given in the following table...
-
Fill in the blank with the correct annotation usage that allows the code to compile without any warnings. A. value=ignoreAll B. value="deprecation","unchecked" C. "unchecked","deprecation" D....
-
Ruby works in the treasury department of a large airline company. Over the coming months the airline company expects to increase flights as countries continue to ease travel restrictions. Ruby and...
-
Use a calculator to evaluate the expression. Round your result to the nearest thousandth. V (32 + #)
-
Leslie and Leon Lazo are married and file a joint return for 2012. Leslie's Social Security number is 466-47-3311 and Leon's is 467-74-4451. They live at 143 Snapdragon Drive, Reno, NV 82102. For...
-
Your supervisor has asked you to research the following situation concerning Owen and Lisa Cordoncillo. Owen and Lisa are brother and sister. In May 2012, Owen and Lisa exchange business pickup...
-
Diego, age 28, married Dolores, age 27, in 2012. Their salaries for the year amounted to $46,479 and they had interest income of $3,500. Diego and Dolores' deductions for adjusted gross income...
-
Determine the amplitudes of motion of the three masses in Fig. 6.40 when a harmonic force \(F(t)=F_{0} \sin \omega t\) is applied to the lower left mass with \(m=1 \mathrm{~kg}, k=1000 \mathrm{~N} /...
-
(a) Determine the natural frequencies and mode shapes of the torsional system shown in Fig. 6.11 for \(k_{t 1}=k_{t 2}=k_{t 3}=k_{t}\) and \(J_{1}=J_{2}=J_{3}=J_{0}\). (b) If a torque \(M_{t 3}(t)=\)...
-
Using the results of Problems 6.24 and 6.56, determine the modal matrix \([X]\) of the system shown in Fig. 6.29 and derive the uncoupled equations of motion. Data From Problem 6.24:- Find the...
Study smarter with the SolutionInn App