Calculate total assets : a. Owner, capital in the beginning Rs. 2,60,000.b. Creditors, at the end Rs. 40,000.c. Income during the period is Rs. 1,00,000.d. Expenses during the same period are Rs. 50,000 also calculate the capital at the end8​

(U) Deposit of cash in bank is recorded in (a) Debit of Bank Column and Credit of Cash Column.(6) Debit of Cash Column and Credit of Bank Column.(C) Debit of Cash Column and also Credit of Cash Column.(d) Debit of Bank Column and also Credit of Bank Column.orded in​

Arvind has the following transactions. Use accounting equation to show their effect on his assets, liabilities and capital :(1) Commenced business with cash 3 90,000 and bank balance 40,000.(1) Travelling expenses paid by cheque 3 7,500(ii) Salary due but not paid 35,500(iv) Rent paid for next year by cheque # 6,000(v) Interest received 12,000(vi) Interest due but not received 8,000(vii) Commission received in advance for next year 9,000Hint : Any expense due or any income received in advance are the liabilities and any expensepre-paid or any income accrued (due but not received) are the assets.​

Alue Parthiv and Priya are the partners of a partnership firm. From the Trial balance dated 31-3-2017and adjustments, prepare final accounts of a partnership firm.Trial Balance of Partnership Firm of Parthiv and Priya as on 31-3-2017Debit BalancesAmt. (3)Credit BalancesAmt. ()Drawings : Parthiv4800 Capital Accounts : Parthiv24,000Priya3200Priya16,0001,06,000 Sales200.000*Net cost of purchaseStock of goods (31-3-17)30.00028,000 Payables48,000 Goods distribute as sampleReceivables2000Wages-salary10,000 Bank overdraft14,000Trading expense16,000Building50,000Furniture-fittings10,000Office equipments40004000Packing material stockCash balance20002,86,0002,86,00*Note : Net cost of purchase means adjusted purchaseAdjustments​

Pass the Journal entries for the following transactions : (4) a. Sold goods toAjay for Rs. 50,000 plus CGST and SGST @ 9% each allowing 10% tradediscount and 2% cash discount. Half of the amount received by cheque immediately.b. Goods costing Rs. 500 given as donation. These goods were purchased paying CGST andSGST @ 9% each.c. Goods purchased for Rs. 5,000 were used by the proprietor for personal purposes.d. Paid landlord Rs. 1,500 for rent.​

1Km लम्बी रेलगाड़ी 5km लम्बी पुलकों 2 मिनट में पार कर लेता है/ तों रेलगाड़ी कि यास m/s मे निकासे ​

Q3. A,B,C and D are partner in a firm sharing profits and losses in ratio of 2.2.1-1. They decide to share future profit and losses in the ratio of 3:2:2:3. For this purposegoodwill of the form valued at Rs. 1,50,000. There was also a reserve of Rs. 60,000in the book of the firm.Find the sacrifice ratio and gaining ratio and pass necessary journal entryhe distributed​

Prepare a trading and p & I account for the year ended 31st December 1995 and a balance sheet as on that date from the following trial balance of mr.akilen. Drawings 45,000 Good will 90,000Buildings 60,000Machinery 40,000Bills receivable 6,000Opening stock 40,000Purchase 51,000Wages 26,000Carriage outwards 500Carriage inwards 1,000Salaries 35,000Rent 3,000Discount 1,100Repairs 2,300Bank 25,000Cash 1,600Debtors 45,000Bad debts 1,200Sales returns 2,000Furniture 6,000Advertisements 3,500General expenses 450Capital 1,60,000Bills payable 35,000Creditors 70,000Purchase returns 2,650sales 2,18,000Adjustments:1) Closing stock was Rs.35,000.2) Depreciation machinery and furniture by 10%.3) Outstanding wages Rs.1,500.4) Prepaid advertisement Rs.500.5) Create 5% on debtors for bad debts as provision.​

What is posting ????????????​

Blue clip limited was registerd on 1 january