help solving it pls thnx
Assignment No. 01 Marks: 15View more random threads:
- Cs403 Assignment 3 Helping material May 8,2010
- Cs601 assignment 4, July, 2010
- Managerial Economics - Eco404 Assignment No.1 Solution Fall...
- CS502 Assignment 2 Solution Spring 2010 May 8
- MGT201 Financial Management Assignment No. 2 Solution Idea...
- PHY101 Physics Assignment No.4 Solution Fall Semester 2013...
- cs101 assignment no 6 detail about fuzzy logic
- FIN622_ Corporate Finance Assignment # 1 fall 2010 idea...
- HRM 624 Assignment Solution required
- MGT602 Entrepreneurship Assignment No. 1 Idea Solution Fall...
From the following transactions, state which account will be debited and
which account will be credited by filling up the appropriate boxes.
Important Tips
1. This Assignment can be best attempted from the knowledge acquired after
watching video lecture no. 1 to lecture no. 10 and reading handouts as well as
recommended/reference books).
2. Video lectures can be downloaded for free from YouTube - vu's Channel.
S.No. Transactions Accounts
involved
Application Reason with respect to
Rules of Debit and
Credit
Sample
Example
Mr. X started business
with cash of Rs.100,000
Cash
Capital
Debit
Credit
Increased in asset
Increased in Owners Equity
1 Bought machinery for
cash Rs.50,000
?
?
?
?
?
?
2 Payment made to XYZ
Store Rs. 10,000 by
cheque.
?
?
?
?
?
?
3 Purchased office
furniture on credit for
Rs. 15,000
?
?
?
?
?
?
4 Rs. 1,000 received as a
rent for the portion of
office building rented
out.
?
?
?
?
?
?
5 Paid salaries of
Rs.40,000 by cheque
?
?
?
?
?
?
pls chk attachemnt
help solving it pls thnx
dear student you have to share something then we are able to help you out.
Urgent call: 03455242488. | Virtual University Assignments
Virtual University GDBs | Virtual University Papers | Vu Projects | Vu Handouts
About Expert
Meanssss ???????? i just want the solution for tht question
but you also can participate here. solution will be provided but the main thing that you learn it.
Sponsored Links
Urgent call: 03455242488. | Virtual University Assignments
Virtual University GDBs | Virtual University Papers | Vu Projects | Vu Handouts
About Expert
.....................................
vusolutions+mgt101.jpg
Here the solution. I hope you like this.
Urgent call: 03455242488. | Virtual University Assignments
Virtual University GDBs | Virtual University Papers | Vu Projects | Vu Handouts
About Expert
There are currently 1 users browsing this thread. (0 members and 1 guests)