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 …
Memorandum of Association or MOA
Memorandum of Association or MOA What is Memorandum of Association or MOA? A company is an association of persons. It …
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, …