Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. solve both question on page i give positive feedba

solve both question on page i give positive feedback (both question) Nimi Q. 1...

60.1K

Verified Solution

Question

Accounting

imagesolve both question on page i give positive feedback (both question)

Nimi Q. 1 From the following particulars prepare a three column cashbook of Humza Ahmed for the month of January 2013. (20) Balance of cash Rs.4000, Credit balance of bank (overdraft) Rs.10000. 2. Received for cash sales Rs.6000 3 Deposited a cheque for Rs.1500 received from Adnan and allowed him discount Rs.100. 5. Mr. Iqbal settled his account by cheque of Rs.1800 after a discount of Rs.300 was allowed. 10. Paid to Mr. Zia by cheque of Rs.1250 and received a discount of Rs.50. 17. Paid cheques into bank received earlier for Rs.3000. 18. Paid wages by cash Rs.1100. 25. Drew cash Rs.100 for personal use by proprietor 30. Drew from bank Rs.400 for office use. a Q.2 What do you know about Financial Statements? Also describe the elements of final accounts. (20)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Discuss the classification of individual income taxpayers andthe categories of income and tax rates...

Accounting
Q

Define the following questions 1. Carburisation is a heat treatment used for case hardening steels. Carbon is...

Mechanical Engineering
Q

A well was drilled to 3000 meters depth with a casing of (9 5/8 inches) nine...

Mechanical Engineering
Q

Can any genius explain me about well-ordering principle - Proofs using well-ordering principle. with some examples.

Advance Math
Q

In the circuit shown the current through the 4 22 resistor is 1 A when...

Physics
Q

Read the following passage answer the question which follows Francois Duvalier Francois Poppa Doc Duvalier...

Basic Math
Q

Please need a correct answer to the red incorrect box. Its not a treasury stock...

Accounting
Q

1. State whether the following questions is True (T) or False (F). a. Management accounting...

Accounting
Q

On January 1, 2016, Plymouth Corporation acquired 80 percent of the outstanding voting stock of...

Accounting
Q

You purchase a bond with an invoice price of $1,280. The bond has a coupon...

Finance
Q

Madison Corp. has a hurdle rate/required rate of return of 9%. Operating income Average Operating...

Accounting
Q

The Amazing Widget Company issues $500,000 of 6%, 10-year bonds at 103 on March 31,...

Accounting