Receipts and Payments Account
Receipts and Payments Account Receipts and Payments Account? Or What is Receipts and Payments Account? Receipts and payments account is …
Financial Accounting
Financial Accounting Basics
Cash Flow Statement
Cash Flow Statement A Cash Flow Statement is A statement that shows the inflow and outflow of cash and cash …
Cash Drawing Journal Entry
Cash Drawing Journal Entry Drawing? The money or goods or both withdrawn by the owner from the business for personal …
Journal Entries questions
Journal Entries questions Question 1 Pass Journal entries in the Journal of M/s Bhaskaran: January 1, 2022, Commenced business with …
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 …
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 …