Reply With Quotecredit balance 11200
GDB MGT101 - Financial Accounting May 4,2010
Mr. Raheem is running a business. His balance sheet on 1st December 2010 shows a capital balance of Rs. 10,000.View more random threads:
- FIN623 GDB full solution spring 2011
- MGT111 Introduction to Public Administration GDB No.2...
- Mgmt611 GDB No. 2 Spring June 2012
- CS304 Object Oriented Programming GDB Solution January 2012
- FIN623 Taxation Management GDB 2 Spring 2012 Solution
- HRM624 GDB idea solution June 2011
- PAK301 Pakistan Studies GDB No.1 Solution Fall Semester 2013
- cs201 GDB Spring July, 2010
- ENG201 GDB Solution Spring June 2012
- Mkt621 GDB No. 1 Solution fall 2010
Following few transactions took place in the month of December.
He drew cash from business Rs. 400
Mr. Raheem Sold merchandise for cash Rs 2000 costing Rs. 1800(Profit Rs. 200)
During the month he made additional investment in business Rs. 1200.
Required:
Give straight answer of the capital account showing:
Whether capital account has debit balance or credit balance on 31st December 2010
Amount of the capital account balance.
NOTE: You are not required to show the capital account in answer. You are supposed to draw capital account on rough sheet and give straight one line answer in which you have to mention two things debit or credit balance of capital account and amount of balance.
And your answer should be like this ( _____ balance amount Rs. _______ )
Be specific and to the point. Only provide one line answer as given above.
Sponsored Links
credit balance 11200
thankx for ur sharing
:o:o--------------------------------------------------------------------------------------:o:o
[B]The more knowledge you have, the greater will be your fear of Allah.[/B]
Please Join My [B]Group Vuhelp[/B][B], Birthday Wishing, Daily Hadees[/B] [CODE][B]http://vuhelp.net/groups/vuhelp.html[/B]
[B]http://vuhelp.net/groups/birthday-wishing.html[/B]
[B]http://vuhelp.net/groups/daily-hadees.html[/B][/CODE]
[CENTER][B][COLOR="Red"][SIZE="4"]Email: [email]viki@vuhelp.net[/email][/SIZE][/COLOR][/B][/CENTER]
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
