Practice Journal Entries

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Journal Entries with Combined Effect

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By: kamlesh
945 days 19 hours 38 minutes ago

jaishree krishna vibhaji, i am kamlesh kumar from mehsana city, (Gujarat) i know that golden rules of accounting and principle of accounting so help me.. my contact no 9924420266 and my email : kamlesh.ceragem@gmail.com thanks!

By: sunil
906 days 23 hours ago

stock A/C dr 7000 building A/C dr 25000 cash A/C dr 10000 furnitureA/c dr 13000 To capital 55000

By: sunil
906 days 22 hours 58 minutes ago

purchase A/c DR 1000 loose tools A/C dr 500 TO cash 1500

By: efraim gores
757 days 20 hours 41 minutes ago

i love accounting...

By: snigdha
580 days 3 hours 54 minutes ago

hellooo m snigdha plzzzz help me in giving the entry for:
The goodwill of the firm be fixed at Rs.21,600.Y's share of goodwill be adjusted to that of X and Z who are going to share in future profits in the ratio of 3:1.
this is from 12 CBSE Ch- "Retirement of a Partner".

By: amina nadeem
317 days 12 hours 59 minutes ago

hi m AMINA.... n i cant understand accounting, i tired alot bt i really need your help so badly...

Presentation Transcript

Journal entries with combined effect : Journal entries with combined effect Mr. H started business with goods worth Rs. 7000, Building Rs. 25000, Cash Rs. 10000, Furniture Rs. 13000 Purchased office equipments of Rs1000, Loose tools of Rs500 Goods purchased from Shyam of Rs. 6000. Half the amount paid in cash Sold goods to Mr. Ambani of rs. 4000 and one-forth of amount received in cash Mr. Anil withdrew Rs. 1000 in cash and goods worth Rs. 5000 for his domestic use. Paid salary to clerk Y rs. 800,wages to U Rs 6000, rent to Ramji rs 900