Friday, 22 February 2019

Withdrawals by the proprietor from the business for his personal use:

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Withdrawals by the proprietor from the business for his personal use:      Whenever the proprietor of a business withdraws cash, goods or...
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Journal Entries with illustrations:

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https://docs.google.com/spreadsheets/d/10DwZUM1Ip1GQAs7PMQwi07pZgjwsxoZTob_ZiSRDEDg/edit?usp=drivesdk
Wednesday, 20 February 2019

Commencement of business with Creditors:

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Commencement of business with Creditors: Illustration 1.      Arun commenced business with Creditors of Rs.1,000. Pass the journal entr...
Sunday, 17 February 2019

Commencement of business with debtors:

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Commencement of business with debtors: Illustration 1.      Chandrasekhar commenced business with debtors of Rs.3,000. Pass the journal...
Saturday, 16 February 2019

Commencement of business with stock of goods:

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Commencement of business with stock of goods: Illustration 1.      Chiranjeevi commenced business with stock of Rs.5,000. Pass the jour...
Thursday, 14 February 2019

Commencement of business or introduction of capital into the business by the proprietor:

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Commencement of business or introduction of capital into the business by the proprietor:      Generally, a businessman commences business...
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Thursday, 7 February 2019

Points to be Noted while Passing Journal Entries: From Sr. No.31

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Points to be Noted While Passing Journal Entries: From Sr. No.31 .....Contd...      31. Whenever some debts (i.e., amounts due from...