BOOK-KEEPING & ACCOUNTANCY SOLUTIONS - Target
Written as per the revised syllabus prescribed by the Maharashtra State Boardof Secondary and Higher Secondary Education, Pune.BOOK-KEEPING & ACCOUNTANCYSOLUTIONSSTD. XISalient Features Solutions to all the Textual and Practice ProblemsAccurate solutions with precise formatsWorking Notes to simplify the problemsSystematic presentation to alleviate the learning processPrinted at: Repro Knowledgecast Ltd., Mumbai Target Publications Pvt. Ltd.No part of this book may be reproduced or transmitted in any form or by any means, C.D. ROM/Audio Video Cassettes or electronic, mechanicalincluding photocopying; recording or by any information storage and retrieval system without permission in writing from the Publisher.P.O. No. 3161110320 10680 JUP
Preface“Std. XI Commerce: Book‐Keeping and Accountancy Solutions” has been designed to complement the“Std. XI Commerce: Book‐Keeping and Accountancy” book. This book will enable the student to verify thesolutions and solve the questions independently.The book includes accurate solutions to all the Textual and Practice Problems with precise formats.Working Notes have been provided to simplify the various complicated adjustments in the problems. Thesystematic and consistent presentation of solutions alleviates the learning process for the student.We are sure, this study material will turn out to be a powerful resource for the students and facilitate themin understanding the concepts of this subject in the most lucid way.The journey to create a book is strewn with triumphs, failures and near misses. If you think we've nearlymissed something or want to applaud us for our triumphs, we'd love to hear from you.Please write to us at: mail@targetpublications.orgBest of luck to all the aspirants!Yours faithfully,PublisherSr. No.ChapterPage No.2Meaning and Fundamentals of Double Entry Book‐Keeping13Source Documents Required for Accounting164Journal325Subsidiary Books646Ledger957Bank Reconciliation Statement1418Trial Balance1539Errors and their Rectification16810Depreciation, Provisions & Reserves19211Financial Statements of Proprietary Concern220Note: All the Textual questions are represented by * mark.
Chapter 02: Meaning and Fundamentals ofDouble Entry Book‐Keeping02Meaning and Fundamentals of Double EntryBook‐KeepingTextual Problems*Sol. Q.1.:Personal A/cMr. Kulkarnis’s Capital A/cOutstanding Income A/cOutstanding Expenses A/cIncome Receivable A/cDrawings A/cBank of India A/cLoan A/c ii.xxiv.xxviii.Real A/cGoods A/cGoodwill A/cCopyright A/cFurniture A/cFixed Deposit A/cOffice Equipment A/cMachinery A/cDeposits with MSEB A/c xix.xxx.Nominal A/cLife Insurance Premium A/cFreight A/cWages A/cBank Charges A/cSundry Income A/cExport Duty A/cImport Duty A/cFree Sample Distribution A/cSundry Expenses A/cDiscount A/cProfit on Sale of Furniture A/cCarriage Outward A/cLoss on Sale of Machinery A/cLoss by Fire A/cLegal Expenses A/c*Sol. Q.2.:iii.AssetGoods A/cvi.Goodwill A/cvii.viii.Copyright A/cOutstandingIncome A/cIncomeReceivable A/cFurniture nses A/cLoan A/cii.xix.CapitalMr. Kulkarnis’sCapital A/cDrawings A/cRevenueSundry IncomeA/cxxi. Profit on Sale ofFurniture A/c xi.iv.ExpenditureLifeInsurancePremium A/cFreight A/cv.ix.Wages A/cBank Charges A/ci. xiii.Export Duty A/c xv.xvi.Import Duty A/cFreeSampleDistribution A/c xvii.Sundry ExpensesA/cxxiii. Bank of India A/c xviii. Discount A/cxxiv. Machinery A/c xxv.CarriageOutward A/cxxviii. Deposits withMSEB A/c xxvi.Loss on Sale ofMachinery A/c xxix. Loss by Fire A/c xxx.xii.xiv.xx.xxii.OfficeEquipment A/cLegal Expenses A/c1
Std. XI: Commerce*Sol. Q.3.:Sr.TransactionsNo.i.ii.iii.iv.v.vi.Mr. Kumar commenced business with cash 50,000Paid Salary 1,200Purchased furniture 5,000Purchased goods from Rakesh for cash 7,500Sold goods to Shyam costing 13,000Paid Rent 500Assets Liabilities Capital50,000 0 50,00050,000 0 50,000(–) 1,200 0 (–) 1,20048,800 0 48,800( ) 5,000 0 048,800 0 48,800( ) 7,500 0 048,800 0 48,800( ) 13,000 0 048,800 0 48,800(–) 500 0 (–) 50048,300 0 48,300(–) 5,000(–) 7,500(–) 13,000*Sol. Q.4.:Sr.No.i.TransactionsMr. Rohit Kulkarni started business with cash 70,000ii.Bought goods from Sanjay 10,000iii.Sold goods to Shyam for 50,000 (costing 30,000)iv.Goods destroyed by fire (cost 500, sale price 600)v.Purchased furniture from J.K. Furniture on credit 5,000Assets70,00070,000( ) 10,00080,000(–) 30,000( ) 50,0001,00,000(–) 50099,500( ) 5,0001,04,500 Liabilities Capital 00( ) 10,00010,000 70,00070,000070,000 010,000010,000( ) 5,00015,000 ( ) 20,00090,000(–) 50089,500089,500*Sol. Q.5.:Sr.No.i.ii.iii.2TransactionsRajkumar started business with cash 30,000Purchased goods for cash 1,000Paid salary 400Assets Liabilities Capital30,00030,000(–) 1,000( ) 1,00030,000(–) 400 00 30,00030,000 000 030,000(–) 400
Chapter 02: Meaning and Fundamentals ofDouble Entry Book‐Keepingiv.v.Paid rent in advance 2,000Charged depreciation 300 on Furniture and 500 onMachinery29,600(–) 2,000( ) 2,00029,600(–) 300(–) 50028,800 0 29,600 00 029,600 00 (–) 80028,800Assets *Sol. Q.6.:Sr.No.i.TransactionsMr. Ketan Shah started business with cash 50,000ii.Purchased goods from Ramesh 30,000iii.Withdrew goods for personal use 2,000iv.Purchased household goods for 15,000 giving 5,000in cash and balance through loanv.Paid cash 300 for interestLiabilities Capital50,00050,000( ) 30,00080,000(–) 2,00078,000 00( ) 30,00030,000030,000 50,00050,000050,000(–) 2,00048,000(–) 5,00073,000(–) 30072,700 ( ) 10,00040,000040,000 (–) 15,00033,000(–) 30032,700*Sol. Q.7.:Chart showing analysis of v startedbusiness withcash 50,000Sold goods for 1,500Purchasedgoodsfor 1,000 fromAmitDeposited intoBank of India 5,000Paid salary of 1,200Two aspects/EffectsCash comes inthe businessProprietorisgiver of thecapitalCash comes inSalesisanincomePurchase is anexpenseAmit is the giverBank is thereceiverCash goes outSalary isexpenseCash goes outanAccountsInvolvedClassificationof AccountsCash A/cReal A/cCapital A/cPersonal A/cCash A/cReal A/cSales A/cNominal A/cPurchasesA/cAmit’s A/cNominal A/cPersonal A/cBank A/cPersonal A/cCash A/cReal A/cSalary A/cNominal A/cCash A/cReal A/cRules appliedDebitwhatcomes inCredit the giverDebitwhatcomes inCredittheincomeDebittheexpensesCredit the giverDebitthereceiverCreditwhatgoes outDebittheexpensesCreditgoes outwhatAccount tobe debitedAccountto becreditedCash A/c––Capital A/cCash A/c––Sales A/cPurchasesA/c––Amit’s A/cBank A/c––Cash A/cSalary A/c––Cash A/c3
Std. XI: Commercevi.vii.viii.ix.x.xi.xii.Receivedcommission 250 from RamCash comes inCash A/cReal A/cCommission isan incomePurchase is anexpenseCash goes outCommissionA/cPurchasesA/cCash A/cNominal A/cReal A/cProprietorisreceiverCash goes outDrawings A/cPersonal A/cCash A/cReal A/cSold goods toRoshan worth 1,500Withdrewmoney for officeuse 1,300Paidfortransportation 430RoshanisreceiverSales is an incomeCash comes inRoshan’s A/cPersonal A/cSales A/cCash A/cNominal A/cReal A/cBank is giverTransportation isan expenseCash goes outBank A/cTransporta‐tion A/cCash A/cPersonal A/cNominal A/cReal A/cLoantakenfrom Mr. Mehta 5,000Cash comes inCash A/cReal A/cLoan fromMr. Mehta’sA/cAdvertise‐ment A/cCash A/cPersonal A/cReal A/cCash A/cReal A/cCapital A/cPersonal A/cCash A/cReal A/cInterest A/cNominal A/cPurchasedgoods for cashworth 750from JayWithdrew 500forpersonal useMr. Mehtagiverisxiii. PaidforAdvertisement 320Advertisement isan expenseCash goes outxiv. Additionalcapitalintroduced 5,000xv. Receivedinterestoninvestment 1,500Cash comes inthe businessProprietor is thegiverCash comes inInterestincomeisanNominal A/cNominal A/cDebitwhatcomes inCredittheincomeDebittheexpensesCreditwhatgoes outDebitthereceiverCreditwhatgoes outDebitthereceiverCredit the incomeDebitwhatcomes inCredit the giverDebittheexpensesCreditwhatgoes outDebitwhatcomes inCredit the giverDebittheexpensesCreditwhatgoes outDebitwhatcomes inCredit the giverDebitwhatcomes inCredittheincomeCash A/c––Commiss‐ion A/cPurchasesA/c––Cash A/cDrawingsA/c––Cash A/cRoshan’sA/c–Sales A/cCash A/c––Transpor‐tation A/cBank A/c–Cash A/cCash A/c––Mr.Mehta’sLoan A/cAdvertise‐ment A/c––Cash A/cCash A/c––Capital A/cCash A/c––Interest A/cAccount tobeDebitedAccountto beCreditedCash A/c––CapitalA/cPurchasesA/c––Cash A/c––*Sol. Q.8.:Chart showing analysis of transactions:Sr.No.i.ii.4TransactionsTwo aspects/EffectsMr. Rohit Shahstarted businesswithcash 10,000Purchasedgoods for cash 1,500Cash comes inthe businessProprietoristhe giverPurchase is anexpenseCash goes outAccountsInvolvedClassificationof AccountsCash A/cReal A/cCapital A/cPersonal A/cPurchasesA/cCash A/cNominal A/cReal A/cRules appliedDebitwhatcomes inCredit the giverDebittheexpensesCreditwhatgoes out
Chapter 02: Meaning and Fundamentals ofDouble Entry Book‐Keepingiii.iv.v.vi.vii.viii.ix.x.Deposited intoBankofMaharashtra 1,000Sold goods toRakesh 500Paid rent 200ofReceiveddividend of 550Loanfrom 2,000takenSBIWithdrew forofficeuse 2,000Paid for repairs 150Paid wages toRane 200Bank is thereceiverCash goes outBank A/cPersonal A/cCash A/cReal A/cRakesh is thereceiverSales is anincomeRentis anexpenseCash goes outRakesh’s A/cPersonal A/cSales A/cNominal A/cRent A/cNominal A/cCash A/cReal A/cCash comes inCash A/cReal A/cDividend is anincomeCash comes inDividend A/cNominal A/cCash A/cReal A/cBank is thegiverCash comes inLoan fromSBI A/cCash A/cPersonal A/cBank is the giverRepairs are theexpensesCash goes outBank A/cRepairs A/cPersonal A/cNominal A/cCash A/cReal A/cWages are theexpensesCash goes outWages A/cNominal A/cCash A/cReal A/cReal A/cDebitthereceiverCreditwhatgoes Creditwhatgoes outDebitwhatcomes inCredittheincomeDebitwhatcomes inCredit the giverDebitwhatcomes inCredit the giverDebittheexpensesCreditwhatgoes outDebittheexpensesCreditwhatgoes outBank A/c––Cash A/cRakesh’sA/c––Sales A/cRent A/c––Cash A/cCash A/c––DividendA/cCash A/c––Loan fromSBI A/cCash A/c––Bank A/cRepairs A/c––Cash A/cWages A/c––Cash A/cPractice ProblemsSol. Q.1.:ii.iii.iv.viii.ix.Personal A/cLoan A/cInsurance Company’s A/cPrepaid Insurance A/cBank A/cArchana’s A/cv.vii.Real A/cGoodwill A/cFurniture A/c–––i.vi.x.xi.Nominal A/cOctroi A/cCommission A/cGoods stolen by theft A/cConveyance A/c–Sol. Q.2.:iii.iv.v.vii.viii.ix.x.AssetCopyright A/cPrepaid Insurance A/cGoodwill A/cFurnitureandFixtures A/cLand A/cPatents A/cLivestock A/cii.LiabilityLoan A/c––––––xi.IncomeRent received A/c––––––i.vi.ExpenditureOctroi A/cCommission paid A/c–––––5
Std. XI: CommerceSol. Q.3.:i.AssetBank A/cxii.vii.Live stock A/cxiii.viii.Investments A/cxi.Patents A/cLiabilityBills PayableA/cAdvance FromCustomer A/cv.CapitalRam’s CapitalA/cix.x.xiv.RevenueDividendReceived A/cRent ReceivedA/cInterestonDrawings A/cExpenditureOctroi A/cii.iii.Printing&Stationery A/cDepreciationA/cInterestonLoan Taken A/civ.vi.Sol. Q.4.:iii.iv.vii.ix.Natural Personal A/cSunny’s A/cAkshay’s A/cSurveen’s A/cJay’s A/ci.ii.x.Artificial Personal A/cKumar and Co.’s A/cRamakant’s Sports Club A/cNashik Corporation A/cv.vi.viii.Representative Personal A/cCommission received in advance A/cOutstanding salary A/cOutstanding Rent A/cSol. Q.5.:Sr.Noi.TransactionsOpening Balances: Cash 1,00,000, Balance in Bank ofBaroda A/c 3,50,000ii.Ghosh paid salaries to staff 30,000 by chequeiii.Paid 1,000 by cash towards office maintenance expensesiv.v.Purchased on credit from Sinha & Co. goods worth 79,000Paid 1,325 to Marketing Executive towards conveyanceexpensesvi.Paid 975 by cheque towards electricity expensesvii.Paid 12,000 by cheque towards office rentviii.Issued a cheque to Sinha & Co. of 78,000 towards fulland final settlement and received a discount of 1,000 against purchase madeAssets Liabilities Capital4,50,0004,50,000( ) 30,0004,20,000 0000 4,50,0004,50,000( ) 30,0004,20,000( ) 1,0004,19,000 0 0 ( ) 1,0004,19,000( ) 79,0004,98,000 ( ) 79,000 79,000 04,19,000( ) 1,3254,96,675( ) 9754,95,700( ) 12,0004,83,700 079,000079,000079,000 ( ) 1,3254,17,675( ) 9754,16,700( ) 12,0004,04,700( ) 78,0004,05,700 ( ) 79,000 0 ( ) 1,0004,05,700Sol. Q.6.:Sr.No.i.ii.6TransactionsBrought in 15,00,000 as capital into the businessOpened account with SBI bank and deposited full amountthereinAssets15,00,00015,00,000( ) 15,00,000( ) 15,00,000 Liabilities Capital 0 0 15,00,00015,00,000 0 0
Chapter 02: Meaning and Fundamentals ofDouble Entry Book‐Keepingiii.iv.v.Leased a premise for office and paid rent of 20,000 bychequePurchased a second hand computer for office use oncredit from Mr. Aniket 12,000Withdrew from bank for business use 5,000vi.Took a personal loan from Sudha 50,000vii.Brought into business, additional capital in the form ofCash 25,000 and Furniture 40,000viii.Bought Machinery worth 15,00,000 after paying 50%amount by cheque15,00,000 0 15,00,000( ) 20,00014,80,000 0 0 ( ) 20,00014,80,000( ) 12,00014,92,000( ) 5,000( ) 5,00014,92,000( ) 50,00015,42,000( ) 25,000( ) 40,00016,07,000( ) 7,50,000( ) 15,00,00023,57,000 ( ) 12,000 12,000 014,80,000 012,000( ) 50,00062,000 014,80,000014,80,000 0 62,000 ( ) 65,00015,45,000 ( ) 7,50,000 8,12,000 015,45,000Assets Liabilities Capital 2,45,0002,45,000( ) 4,5002,40,500Sol. Q.7.:Sr.No.i.TransactionsOpening Balance: Cash 50,000, HDFC Bank A/c 1,50,000, Stock 45,000ii.Paid 4,500 by cheque towards stationery expensesiii.Purchased goods from Mr. Bharat worth 12,500 on 15days creditiv.v.vi.vii.viii.Purchased a computer from Global Computers on credit at 25,000Cash sales made 19,500Depreciation charged on Computer 600Purchased a Motor Car worth 2,25,000 by issuing chequeSold goods to Sharma Traders and received 11,600 bycheque2,45,0002,45,000( ) 4,5002,40,500 ( ) 12,5002,53,000 ( ) 12,500 12,500 02,40,500( ) 25,0002,78,000( ) 19,500( ) 19,5002,78,000( ) 600 ( ) 25,000 37,500 02,40,500 0 37,500 0 02,40,500( ) 600 37,500 2,39,900 0 37,500 02,39,900 0 37,500 02,39,9002,77,400( ) 2,25,000( ) 2,25,0002,77,400( ) 11,600( ) 11,6002,77,4000000Sol. Q.8.:Sr.No.i.ii.TransactionsRajesh started business with cash 40,000Purchased goods on credit 4,000Assets40,00040,000( ) 4,000 Liabilities004,000 Capital40,00040,00007
Std. XI: Commerceiii.Paid Rent in Advance 2,500iv.Paid cash 500 for Loan and 200 for interestv.Sold goods to Rupal costing 25,000 for 30,000vi.Paid Salary 5,000vii.Purchased Chair of 500 in cashviii.Paid Rent 60044,000( ) 2,500( ) 2,50044,000(–) 70043,300(–) 25,000( ) 30,00048,300(–) 5,00043,300( ) 500( ) 50043,300( ) 60042,700 4,000 40,000 04,000( ) 5003,500 040,000( ) 20039,800 03,50003,500 5,00044,800(–) 5,00039,800 03,50003,500 039,800( ) 60039,200Assets Sol. Q.9.:Sr.No.i.TransactionsSiddhi started business with cash 15,000ii.Purchased goods on credit 5,000iii.Paid Salary 3,000iv.Withdrew for personal use 3,000v.Received dividend 2,000vi.Purchased Machinery for business 7,000vii.Paid to Creditor 1,500viii.Additional Capital introduced in business 5,00015,00015,000( ) 5,00020,000( ) 3,00017,000( ) 3,00014,000( ) 2,00016,000( ) 7,000( ) 7,00016,000( ) 1,50014,500( ) 5,00019,500Liabilities Capital 005,0005,00005,00005,00005,000 15,00015000015,000( ) 3,00012,000( ) 3,0009,0002,00011,000 05,000( ) 1,5003,50003,500 011,000011,0005,00016,000Sol. Q.10.:Sr.No.i.TransactionsMorari started business with cash 35,000ii.Borrowed from Palak 10,000iii.Goods destroyed by fire [Cost 400, Sale price 500]iv.Paid Salary 2,500v.Purchased goods on credit 5,000vi.Withdrew for personal use 5008Assets 35,00035,000( ) 10,00045,000( ) 40044,600( ) 2,50042,100( ) 5,00047,100( ) 500 0 Capital35,00035000035,000( ) 40034,600( ) 2,50032,100032,100( ) 500
Chapter 02: Meaning and Fundamentals ofDouble Entry Book‐Keepingvii.Received interest 1,500viii.Charged depreciation on Machinery 40046,600( ) 1,50048,100( ) 40047,700 15,000015,000015,000 31,600( ) 1,50033,100( ) 40032,700Sol. Q.11.:Sr.No.i.ii.TransactionsMr. Maulik started business with 25,000Sold goods ot Suhani costing 20,000 for 30,000iii.Paid Rent 2,000iv.Purchased goods on credit 10,000v.Withdrew for personal use 500vi.Received commission 1,500vii.Goods worth 5,000 were distributed as free samplesviii.Purchased Furniture for business 6,000Assets Liabilities Capital25,00025,000( ) 20,000( ) 30,00035,000( ) 2,00033,000( ) 10,00043,000( ) 50042,500( ) 1,50044,000( ) 5,00039,000( ) 6,000( ) 6,00039,000 00 25,00025,000 000010,00010,000010,000010,000010,000 ( ) 10,00035,000( ) 2,00033,000033,000( ) 50032,500( ) 1,50034,000( ) 5,00029,000 010,000 029,000Assets 60,00060,000( ) 4,00064,000( ) 20,000( ) 30,00074,000( ) 5,00069,000( ) 3,50072,500( ) 60071,900( ) 60071,300( ) 2,50068,800 004,0004,000 60,00060,000060,000 04,00004,00004,00004,00004,00004,000 ( ) 10,00070,000( ) 5,00065,0003,50068,500( ) 60067,900( ) 60067,300( ) 2,50064,800Sol. Q.12.:Sr.No.i.Ronit commenced business with 60,000ii.Bought Machinery from Sumaria 4,000iii.Sold goods to Rajan costing 20,000 for 30,000Transactionsiv.Paid Rent 5,000v.Received dividend of 3,500vi.Charged depreciation 600 on furniturevii.Goods destroyed by fire cost 600, Sale price 700viii.Paid Salary 2,500Liabilities Capital9
Std. XI: CommerceSol. Q.13.:Sr.No.i.TransactionsJackie started business with cash 30,000ii.Cash Sales 8,000iii.Received commission 1,500iv.Cash purchases 7,000v.Purchased Machinery from Thacker and Sons 11,000vi.Purchased goods for 4,500 on creditvii.Paid salary 6,000viii.Received Interest 1,000Assets Liabilities Capital30,00030,000( ) 8,00038,000( ) 1,50039,500( ) 7,000( ) 7,00039,500( ) 11,00050,500( ) 4,50055,000( ) 6,00049,000( ) 1,00050,000 000000 30,00030,0008,00038,000( ) 1,50039,500 0011,00011,0004,50015,500015,500015,500 039,500039,500039,500( ) 6,00033,500( ) 1,00034,500Assets Sol. Q.14.:Sr.No.i.ii.iii.TransactionsCash introduced in business 5,00,000Opened an Account with Bank of Baroda and deposited 4,00,000Bought Machinery by issuingBank of Baroda A/c 50,000achequeiv.Goods purchased from Mr. Sarang on credit 50,000v.Paid to Mr. Sarang in full by issuing a chequevi.Paid wages 5,000vii.Royalty received in cash 7,000viii.Paid salary by cheque 12,000ix.Legal expenses paid in cash 2,500x.Paid conveyance expenses 25010from5,00,0005,00,000( ) 4,00,000(–) 4,00,0005,00,000( ) 50,000(–) 50,0005,00,000( ) 50,0005,50,000(–) 50,0005,00,000(–) 5,0004,95,000( ) 7,0005,02,000(–) 12,0004,90,000(–) 2,5004,87,500(–) 2504,87,250Liabilities Capital 00 5,00,0005,00,000 00 05,00,000 0050,00050,000(–) 50,00000000000000 05,00,00005,00,00005,00,000(–) 5,0004,95,000( ) 7,0005,02,000(–) 12,0004,90,000(–) 2,5004,87,500(–) 2504,87,250
Chapter 02: Meaning and Fundamentals ofDouble Entry Book‐KeepingSol. Q.15.:Sr.No.i.TransactionsOpening balance 25,000 Cash, 30,000 Machinery, 3,70,000 Bank Balance and 30,000 Furnitureii.Bought computer from Ahmed on credit 20,000iii.Advance from customer received in cash 10,000iv.Sold machinery costing 20,000 at 25,000v.Withdrew from Bank for business use 5,000vi.Introduced additional capital of 50,000vii.Charged depreciation on Machinery 500viii.Carriage inward paid in cash 500Assets Liabilities Capital4,55,000 0 4,55,0004,55,000( ) 20,0004,75,000( ) 10,0004,85,000(–) 20,000( ) 25,0004,90,000(–) 5,000( ) 5,0004,90,000( ) 50,0005,40,000(–) 5005,39,500(–) 5005,39,000
Preface “Std. XI Commerce: Book‐Keeping and Accountancy Solutions” has been designed to complement the “Std. XI Commerce: Book‐Keeping and Accountan
Jul 01, 2017 · art of putting the academic knowledge of accountancy into practice. Book-keeping is a part of accounting and is concerned with record keeping or maintenance of books of accounts. Book-keeping provides the basis for accounting. Accounting begins where book-keeping ends. Accountancy includes accou
1.1 Introduction to Accountancy, Scope. 1.2 Definition. 1.3 Need for Accountancy 1.4 Accountancy Functions 1.5 Book keeping - Accounting 1.6 Objects of Accountancy 1.7 Advantages, limitations of Accountancy. 1.8 Accounting process. 1.9 Branches of Accounting. 1.10 Concepts of Accounting. 1.11
(ii) Book-keeping came into existence in China. (iii) Book-keeping is first stage of Accountancy. (iv) Book-keeping came into existence in Germany. y?kq mRrjh; iz'u 4 vad (Short Answer Questions 4 marks) iz'u&1- iqLrikyu ,oa ys[kkde Zdk D;k vk'k; gS a\ What is the meaning of
Therefore, target 1 has three target drops, i.e., target 1-A-1, target 1-B-1 and target 1-C-2. In this manner we can enumerate all possible target drops from target information. From source and target information we can set all possible assignments, and each of them is composed of a source and sequence of target drops, called a target drop set .
ACCOUNTANCY AND BOOK KEEPING 1. The main objective of Book-keeping is: (a) Complete recording of transactions (b) Ascertainment of Financial effect on the business (c) Analysis and interpretation of data . 12
31.12.2013 is 1,66,590 and that of the credit side is 42,470. After several checking and re-cheking the mistakes are discovered: . The Significant difference between Book-keeping and Accountancy are: Points of difference Book Keeping Accountancy Meaning Book -keeping is conside
Preface "Std. XI Commerce: Book‐Keeping and Accountancy" has been designed with a revolutionary fresh approach towards content, to facilitate thorough preparation of the subject for the student. This book has been written according to the revised syllabus and guidelines prescribed by the State Board.
dalam kelas, tetapi memperkuat model belajar tersebut melalui pengayaan 14 Munir . proses belajar itu sendiri dan bukan pada belajar menggunakan sistem e-learning-nya. Syarat personal berarti pengajar dapat berinteraksi dengan baik seperti layaknya seorang guru yang berkomunikasi dengan murid di depan kelas. Dengan pendekatan dan interaksi yang lebih personal, peserta didik diperhatikan .
