a and b were in partnership sharing profita and losses in the ratio of 1:4
Prepare Realisation account, Partners capital a/c and bank account.
Sales by cheque and deposited into bank
akashmike4147
Asked:
December 2022
Journalize the following transactions: Dec 1 Business started with cash 75,000 Dec 7 Purchased goods for cash 10,000 Dec 9 sold goods to Swati 5,000 Dec 12 purchased furniture 3,000 Dec 18 Cash received from Swati in full settlement 4,000 Dec 25 paid rent 1000 Dec 30 paid salary 1500
Paid Rs. 17000 to Mr Y after availing discount of rs 3000
priyankajangid5880
Asked:
December 2022
item that has very little or no impact on the decision-making ability of the users of financial statements
kuldeepsachdev2140
Asked:
December 2022
Agree or disagree In bookkeeping and accountancy only non monetary transaction are recorded