Trial balance practice questions
Trial balance practice questions Example 1 Prepare Trial Balance for the following Balances as on 31st March 2021: Non-Current Assets …
Accountancy
All Important topics related to accountancy are archived here.
10 Balance Sheet Questions for Practice
10 Balance Sheet Questions for Practice Question 1 From the following particulars are given after preparation of income statement, prepare …
Discount Received Journal Entry
Discount Received Journal Entry Discount? The concession given by the seller to his customer in the price of the goods …
Credit Sales Journal Entry
Credit Sales Journal Entry Sales refer to the amount of goods sold that are already bought or manufactured by the …
Cash Sales Journal Entry
Cash Sales Journal Entry Sales refer to the amount of goods sold that are already bought or manufactured by the …
Bad Debts Recovered Journal entry
Bad Debts Recovered Journal entry Sometimes, it so happens that the bad debts previously written off are subsequently recovered. In …
Cash Withdrawal from Bank Journal Entry
Cash Withdrawal from Bank Journal Entry At present time, a business enterprise does most of its business transactions (receipts, payments, …
Cash deposit into bank journal entry
Cash deposit into bank journal entry At present time, a business enterprise does most of its business transactions (receipts, payments, …
Loan taken from bank journal entry
Loan taken from bank journal entry When an individual or a firm or a company needs money to expand its …
Rent received journal entry
Rent received journal entry Rent received journal entry When a person, firm, or company gives the right to use its …