Viral Mohit Has The Following Transactions Prepare Accounting Equation Going Viral

Mohit Has The Following Transactions Prepare Accounting Equation

WebMohit has the following transactions, prepare accounting equation: (a) Business started with cash Rs. 1,75,000 (b) Purchased goods from Rohit Rs. 50,000 (c) Sales. WebQ3 Mohit has the following transactions prepare accounting equation a Business from ACCOUNTING 101 at Kendriya Vidyapati Sanghatan

Mohit Has The Following Transactions Prepare Accounting Equation, Class 11 Accounts | Recording Of Transactions - I | Accounting Equation | Problem 4 - Solution, 21.08 MB, 15:21, 41,593, Eduxir, 2018-07-20T15:55:51.000000Z, 19, Pls solve this question not getting 3 Mohit has the following, www.meritnation.com, 720 x 244, jpeg, pls, 20, mohit-has-the-following-transactions-prepare-accounting-equation, KAMPION

WebMohit has the following transactions, prepare accounting equation: Rs (a) Business started with cash. 1,75,000 (b) Purchased goods from Rohit 50,000 (c) Sales. WebMohit has the following transactions, prepare accounting equation:Rsa Business started with cash 1,75,000b Purchased goods from Rohit 50,000c Sales goods on credit to Manish. WebMohit has the following transactions , prepare accounting equation ( R s ) (a)Business started with cash 1 , 75 , 000 (b) Purchased goods from Rohit 50 , 000 (c) Sales goods. WebPrepare an Accounting Equation from the following transactions in the books of Mr.X for January, 2013: 1 Invested Capital in the firm 20,000 2 Purchased goods on credit from. WebAnswer. (a) Analysis of Transaction → The transaction increase cash and office equipment on one hand and increases capital on the other hand. Increase in assets. WebThe accounting equation is a basic principle of accounting and a fundamental element of the balance sheet. The equation is as follows: Assets = Liabilities +. WebRohit has the following transactions: (a) Commenced business with cash ₹ 1,50,000 (b) Purchased machinery on credit ₹ 40,000 (c) Purchased goods for cash ₹ 20,000 (d). Weba. Invested ₹ 4,00,000 cash and office equipment with ₹ 1,50,000 in a business called Bobbie Consulting. Analysis of this transaction: In this transaction there is cash inflow.

Videos Class 11 Accounts | Recording Of Transactions - I | Accounting Equation | Problem 4 - Solution New

Class 11 Accounts | Recording Of Transactions - I | Accounting Equation | Problem 4 - Solution
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Latest Class 11 Accounts | Recording Of Transactions - I | Accounting Equation | Problem 3 - Solution

Class 11 Accounts | Recording Of Transactions - I | Accounting Equation | Problem 3 - Solution
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What to know about Mohit Has The Following Transactions Prepare Accounting Equation from the discussion earlier

Rohit has the following transactions:
a. Commenced business with cash ₹ 1,50,000
b. Purchased machinery on credit ₹ 40,000
c. Purchased goods for cash ₹ 20,000
d. Purchased car for personal use ₹ 80,000
e. Paid to creditors in full settlement ₹ 38,000
f. Sold goods for cash costing ₹ 5,000 ₹ 4,500
g. Paid Rent ₹ 1,000
h. Commission received in advance ₹ 2,000

Prepare the accounting equation for the above transactions

Additional content on this topic can be found at eduxir.com/curriculum/cbse/class-xi/accountancy/recording-of-transactions-i/recording-of-transactions-i-accounting-equation-solutions

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