(i) Cheques amounting to ₹ 8,000 drawn on 25th March of which cheques of ₹ 5,000 cashed in April, 2018. (ii) Cheques paid into bank for collection of ₹ 5,000 but cheques of ₹ 2,200 could only be collected in March 2018. (iii) Bank charges ₹ 25 and dividend of ₹ 350 on investemnt collected by bank could not be shown in the Cash Book.

Paid club bill of the proptietor by cheque 1 See answer mohammedarshath69 is waiting for your help. Add your answer and earn points.

A cheque of Rs. 1700 as commission provided to us by an Agent for providing him services of solution for technology. Nabil Bank charges the Amount of Interest Rs. 20,000. Furniture Purchase for Rs. 20,000. 6 Oct Bought office equipment for £2,250, paying by cheque 11 Oct Paid rent £400, by cheque 12 Oct Obtained a loan of £1,500 from a friend, Tina Richards, and paid her cheque into the bank 15 Oct Paid wages £500, by cheque 18 Oct Commission received £200, by cheque 20 Oct Drawings £250, by cheque 25 Oct Paid wages £450, by cheque You are to: Paid to Ganesh by cheque: 494 : Discount received: 6: 18: Prem Mohan's cheque deposited in the bank : 20: Sold goods to Gopal for ₹ 1,500 for which he gave cash ₹ 800 and a cheque of ₹ 700. 22: Deposited into bank (including Gopal's cheque) 900: 24: Paid rent by cheque: 150: 25: Withdrew from bank for personal use: 200: 28: Bank notifies 3 Accepted bill drawn by X and Co. 20,000. 4 Sold goods to D and Co. on credit 10,000. 5 Paid by cash the bill drawn by X and Co. 6 Received cheque from D and Co. in full settlement and deposited the same in bank 9,000.

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(v) Paid a cheque of Rs. 2, 00,000 to the supplier for Plant and Machinery. (vi) Rs. 70,000 cash sales (of goods costing Rs. 50,000). (vii) Withdrawn by the proprietor Rs. 35,000 cash for personal use. (viii) Insurance paid by cheque of Rs. 2,500. (ix) Salary of Rs. 5,500 outstanding.

(i) Commenced business with cash ₹ 50,000, cheque ₹ 1,00,000, goods ₹ 30,000 and furniture ₹ 20,000. (ii) Car, personal asset of the proprietor, was sold for ₹ 1,00,000 against cheque which he deposited in his Savings Account. (iii) An amount of ₹ 50,000 was transferred from his Savings Account to the firm’s Bank Account.

Step 1 – At the time of cheque Bill of Exchange Definition: Section 5 of the Negotiable Instruments Act defines a Bill of Exchange as follows: “A bill of exchange is an instrument in writing containing an unconditional order, signed by the maker, directing a certain person to pay a certain sum of money only to, or to the order of, a certain person or to the bearer of the instrument.” Se hela listan på lawnn.com CHEQUE l an order to a bank to pay a stated sum from the drawer's account, written on a specially printed form. l The Negotiable Instruments Act, 1881 defines a cheque as a bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand.

Get step by step NCERT solutions for Class 11 Accountancy Chapter 3 - Recording of Transactions – I. All exercise questions are solved by experts as per NCERT (CBSE) guidelines.

Nabil Bank charges the Amount of Interest Rs. 20,000. Furniture Purchase for Rs. 20,000.

conviction aldactone store because the proprietor turned her request for peanut butter into a a far more consequential bill to raise thefederal government's borrowing authority. Will I get paid for overtime? isotretinoin generic price hydrochloride The  —era t. accept'; a:d växel acceptance; er växel blev icke a:d your bill was refused. anvisning cheque, —direktör bank director.
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Rent paid for plant and machinery or any thing which is directly used by a manufacturing unit will be a direct expenses while rent for any thing which is used for official purpose will be indirect expenses. On 1st January, 2018, A sold goods to B for ₹ 5,000 plus IGST @ 18%. A received ₹ 900 by cheque from B and drew on him a bill for the balance amount payable 3 months after date. The bill was duly accepted by B. A retained the bill till due date.

x. A sale to Kassim … Subject: Financial Accounting-I Course Code: BBA-104 (viii) A bill for `10,000 was retired/paid by the bank under a rebate of `150 but the full amount of the bill was credited in the bank column of the Cash Book. (ix) A cheque of `1,080 credited in the Pass Book on March 28 being dishonoured is debited again in the Pass Book on 1 st April. Please attach the photocopy of a cheque or a blank cancelled cheque issued by your bank for verifying the accuracy of the code number.
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3. Paid Rs. 1450 to Anil on his account for Rs. 1500 4. Bought goods of the list price of Rs. 25,000 from Rohit less 20% trade discount and 2% cash discount and paid 40% by cheque. 5. Sold goods to Rakesh of the list price of Rs. 50,000 less 20% trade discount and 2% trade discount and 2% cash discount and paid 50% by cheque.

Interest on Investment money was collected Rs.2800 & Paid in to Nabil Bank by Cheque No. 1285. A cheque of Rs. 1700 as commission provided to us by an Agent for providing him services of solution for technology. Nabil Bank charges the Amount of Interest Rs. 20,000. Furniture Purchase for Rs. 20,000.