Ask a Doubt

Request a call back

Join NOW to get access to exclusive study material for best results

CBSE Class 11-commerce Answered

Placed an order for hp printer for 15000 amount advanced 5000

Asked by jahanviagrawal1509 | 21 Jun, 2018, 12:06: PM

Expert Answer

In this case, the purchase of printer against which advance of Rs 5,000 has been paid would not be recorded as purchase but only the amount of advance that has been paid would be recorded in the books.

Vendor A/c Dr. 5,000

To Cash A/c 5,000

(Being the advance paid)

Answered by | 21 Jun, 2018, 05:17: PM

Practice Test

Answered Unanswered My Questions My Answers

CBSE 11-commerce - Accountancy

what is revenue

Asked by pradyumnaagrawal2957 | 10 Jun, 2021, 10:59: AM

ANSWERED BY EXPERT

CBSE 11-commerce - Accountancy

what is advantages of accounting

Asked by kumarimanisha.9767 | 21 Jul, 2020, 10:32: AM

ANSWERED BY EXPERT

CBSE 11-commerce - Accountancy

BRS

question image

Asked by tussharpoddar7 | 08 Jul, 2020, 11:30: PM

ANSWERED BY EXPERT

CBSE 11-commerce - Accountancy

plz

question image

Asked by lovermahakal942004 | 08 Jul, 2020, 01:51: PM

ANSWERED BY EXPERT

CBSE 11-commerce - Accountancy

The IT Company “Cybertron” wants to prepare a balance sheet on March 2020. Due to the Covid – 19 situation, the finance department of the company does not able to prepare. Write down the various problems which will faced by the company while preparing the balance sheet. Give various alternatives to the problems which you have listed

question image

Asked by tyagiji2511 | 24 Jun, 2020, 10:45: AM

ANSWERED BY EXPERT

CBSE 11-commerce - Accountancy

11. A sold goods to B for Rs.4,000 and drew a bill for the amount due. B after giving his acceptance returned the bill to A. A discounted it form his bank for Rs.3,900. On due date, bill returned dishonoured and bank paid Rs.50 as noting charges. After one week B paid the full amount of the bill including the noting charges. Give journal entries in the books of A only.

Asked by pdas93679 | 23 Jun, 2020, 08:22: AM

ANSWERED BY EXPERT

CBSE 11-commerce - Accountancy

Bought goods against chepue of list price 5000 less 10% trade discount and 2% cash discount

Asked by agrawalgaurav441 | 12 Jun, 2020, 01:55: PM

ANSWERED BY EXPERT

CBSE 11-commerce - Accountancy

Rhim started business with cash

Asked by boparaijaideep23 | 05 Jun, 2020, 11:07: AM

ANSWERED BY EXPERT

CBSE 11-commerce - Accountancy

Accounting is an art? true or false

Asked by Lashmibasra | 18 May, 2020, 04:10: PM

ANSWERED BY EXPERT

CBSE 11-commerce - Accountancy

Ram to sales account

Asked by himanshu2002tejas | 16 Apr, 2020, 11:16: PM

ANSWERED BY EXPERT

My Class Videos Tests Plans Ask a Doubt

Get Latest Study Material for Academic year 24-25 Click here

×