SlideShare a Scribd company logo
1 of 84
ACCOUNTING FOR BUSINESS  AFTERSCHO☺OL   –  DEVELOPING CHANGE MAKERS  CENTRE FOR SOCIAL ENTREPRENEURSHIP  PGPSE PROGRAMME –  World’ Most Comprehensive programme in social entrepreneurship & spiritual entrepreneurship OPEN FOR ALL FREE FOR ALL www.afterschoool.tk  AFTERSCHO☺OL's  MATERIAL FOR PGPSE PARTICIPANTS
ACCOUNTING FOR BUSINESS Dr. T.K. Jain. AFTERSCHO☺OL Centre for social entrepreneurship Bikaner  M: 9414430763 [email_address] www.afterschool.tk ,  www.afterschoool.tk www.afterschoool.tk  AFTERSCHO☺OL's  MATERIAL FOR PGPSE PARTICIPANTS
Prepare trading and P & L a/c  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Continued… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Continued… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Debtors A/c  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Trading ac  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Creditors a/c  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
P & L ac/  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Balance sheet  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Cash received from X and  discount allowed to him. ,[object Object],[object Object],[object Object]
Cash account  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Cash paid to V and discount received from him. ,[object Object],[object Object],[object Object]
Credit Sales to Z. ,[object Object],[object Object]
Cash Sales to A. ,[object Object],[object Object]
Purchases from B on credit. ,[object Object],[object Object]
Salary.paid to clerk by means  of cheque. ,[object Object],[object Object]
Payment of cash to Landlord for rent. ,[object Object],[object Object]
Depreciation on furniture. ,[object Object],[object Object]
Interest on debenture due but not yet paid. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Interest provided on capital. ,[object Object],[object Object]
 
A firm purchases a lease of 3  years for Rs. 60,000 on 1.4.2004. it decides to provide for its replacement by means of an insurance policy for Rs. 60,000. The annual premium is Rs. 19,000. On 1.4.2006, the lease is renewed for a further period of 3 years for Rs. 60,000. You are required to show necessary ledger accounts.
Solution… Ist year.. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
IInd year … ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
IIIrd year … ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
IIIrd year continued… ,[object Object],[object Object]
Which of these is not a preliminary expenditure ?  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Which of these is a preliminary expenditure ? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Difference between financial accounting & management accounting .. ,[object Object],[object Object]
ACCOMMODATION BILL  ,[object Object]
Holder in due course  ,[object Object]
QUORUM  ,[object Object]
Goti had entered Rs 75 in petty cash book, but did not post it in repairs account. What should he do now?  ,[object Object],[object Object],[object Object]
Define a cheque?  ,[object Object]
Protection of a paying bak  ,[object Object]
 
Goti maintains single entry system of accounting.  He had Rs. 3 Lakh on 1 January 2006 following is the details of accounts that he had 31/3/7 1/4/6 3000 5000 Creditors  2000 1000 Debtors  29000 19000 Stock  3000 2000 Cash in hand
Other details  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Solution….. ,[object Object],[object Object],[object Object],[object Object],[object Object]
Opening capital =  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Closing capital  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Profit  ,[object Object],[object Object],[object Object],[object Object]
Solve it … ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Other details … ,[object Object],[object Object],[object Object],[object Object]
Trading account  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
P & L account  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Promissory note  ,[object Object]
Crossing of cheque.. ,[object Object]
Accounting numericals  ,[object Object]
BANK ACCOUNT  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Continued…. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Solution – trading a/c  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
P &  L a/c  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Balance sheet  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Debtors a/c  ,[object Object],[object Object],[object Object]
Fictitious person  ,[object Object]
SOLVE IT …. ,[object Object]
SOLUTION…lease account  ,[object Object],[object Object],[object Object],[object Object],[object Object]
Dep. Fund account  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Investment account  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Declaration of dividend out of reserves… ,[object Object],[object Object],[object Object],[object Object],[object Object]
Due to inadequacy of profit during the year, the company proposes to declare dividend out of the general reserves. From the following particulars,  find the amount that can be drawn applying the Companies (Declaration of dividend out of Reserves) Rules, 1975: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Solution … ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Solution… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Goti purchases Ito Ltd. For Rs. 250000 and pays in 20000 shares of Rs. 10 + cash. Show the entries?
Solution .. (entries in Goti ltd)  ,[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
For payment … ,[object Object],[object Object],[object Object],[object Object]
VALUATION OF INTANGIBLES  ,[object Object],[object Object],[object Object],[object Object]
Amortisation … ,[object Object],[object Object]
A company purchased 3 years lease on ist April, 2004 for Rs. 50,000. it is decided to provide for the replacement of the lease at the end of 3 years by setting- up a depreciation fund. It is expected that investment will fetch at 12%. Sinking fund tables shows that As. 0.296349 invested each year will produce Re. 1 at the end of 3 years at 12% per annum. The investments are sold for Rs. 28,500. ,[object Object],[object Object]
Solution.. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Solution… IInd year  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Solution …IIIrd year  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Dep. Fund investment a/c ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Dep fund a/c  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Lease ac/  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
About AFTERSCHO☺OL  ,[object Object],[object Object],[object Object],[object Object]
Branches of AFTERSCHO☺OL  ,[object Object],[object Object],[object Object]
Workshop on social entrepreneurship  ,[object Object],[object Object]
FREE ONLINE PROGRAMME  ,[object Object],[object Object],[object Object],[object Object],[object Object]
100% placement / entrepreneurship  ,[object Object],[object Object]
Pursue professional courses along with PGPSE  ,[object Object],[object Object]

More Related Content

What's hot

Bba203 financial accounting
Bba203   financial accountingBba203   financial accounting
Bba203 financial accountingsmumbahelp
 
Fundamental accounting for entrepreneurs
Fundamental accounting for entrepreneurs Fundamental accounting for entrepreneurs
Fundamental accounting for entrepreneurs Dr. Trilok Kumar Jain
 
Akaun Chapter 3
Akaun Chapter 3Akaun Chapter 3
Akaun Chapter 3WanBK Leo
 
Bba203 & financial accounting
Bba203 & financial accountingBba203 & financial accounting
Bba203 & financial accountingsmumbahelp
 
100 important questions
100 important questions100 important questions
100 important questionslionKing37
 
Bank reconciliation v4
Bank reconciliation v4Bank reconciliation v4
Bank reconciliation v4Serene_lim
 
Akaun Chapter 4
Akaun Chapter 4Akaun Chapter 4
Akaun Chapter 4WanBK Leo
 
Clubs & societies cambridge a level tuition: Cambridge A Level Paper 3 No...
Clubs & societies cambridge a level tuition: Cambridge A Level Paper 3 No...Clubs & societies cambridge a level tuition: Cambridge A Level Paper 3 No...
Clubs & societies cambridge a level tuition: Cambridge A Level Paper 3 No...Sanjaya Jayasundara
 
Accounting 7th Edition Horngren Solutions Manual
Accounting 7th Edition Horngren Solutions ManualAccounting 7th Edition Horngren Solutions Manual
Accounting 7th Edition Horngren Solutions ManualBevisPerter
 
Consignment and joint venture – accounting aspects
Consignment and joint venture – accounting aspects Consignment and joint venture – accounting aspects
Consignment and joint venture – accounting aspects Dr. Trilok Kumar Jain
 
Presentasi Accounting liabilities
Presentasi Accounting liabilitiesPresentasi Accounting liabilities
Presentasi Accounting liabilitiesikarahma97
 
Acc week 2
Acc week 2Acc week 2
Acc week 2Shu Shin
 
SEM 2 BBA SUMMER DRIVE ASSIGNMENTS
SEM 2 BBA SUMMER DRIVE ASSIGNMENTSSEM 2 BBA SUMMER DRIVE ASSIGNMENTS
SEM 2 BBA SUMMER DRIVE ASSIGNMENTSsolved_assignments
 
Golden Rules of Accounting. (Learn the Debit and Credit aspects of transactio...
Golden Rules of Accounting. (Learn the Debit and Credit aspects of transactio...Golden Rules of Accounting. (Learn the Debit and Credit aspects of transactio...
Golden Rules of Accounting. (Learn the Debit and Credit aspects of transactio...RoshniMuraleedharan
 

What's hot (18)

Bba203 financial accounting
Bba203   financial accountingBba203   financial accounting
Bba203 financial accounting
 
Fundamental accounting for entrepreneurs
Fundamental accounting for entrepreneurs Fundamental accounting for entrepreneurs
Fundamental accounting for entrepreneurs
 
Akaun Chapter 3
Akaun Chapter 3Akaun Chapter 3
Akaun Chapter 3
 
Bba203 & financial accounting
Bba203 & financial accountingBba203 & financial accounting
Bba203 & financial accounting
 
Accounts
AccountsAccounts
Accounts
 
100 important questions
100 important questions100 important questions
100 important questions
 
Bank reconciliation v4
Bank reconciliation v4Bank reconciliation v4
Bank reconciliation v4
 
Akaun Chapter 4
Akaun Chapter 4Akaun Chapter 4
Akaun Chapter 4
 
Clubs & societies cambridge a level tuition: Cambridge A Level Paper 3 No...
Clubs & societies cambridge a level tuition: Cambridge A Level Paper 3 No...Clubs & societies cambridge a level tuition: Cambridge A Level Paper 3 No...
Clubs & societies cambridge a level tuition: Cambridge A Level Paper 3 No...
 
Bba 203
Bba 203Bba 203
Bba 203
 
Accounting 7th Edition Horngren Solutions Manual
Accounting 7th Edition Horngren Solutions ManualAccounting 7th Edition Horngren Solutions Manual
Accounting 7th Edition Horngren Solutions Manual
 
Consignment and joint venture – accounting aspects
Consignment and joint venture – accounting aspects Consignment and joint venture – accounting aspects
Consignment and joint venture – accounting aspects
 
Questions finance
Questions financeQuestions finance
Questions finance
 
Presentasi Accounting liabilities
Presentasi Accounting liabilitiesPresentasi Accounting liabilities
Presentasi Accounting liabilities
 
Acc week 2
Acc week 2Acc week 2
Acc week 2
 
SEM 2 BBA SUMMER DRIVE ASSIGNMENTS
SEM 2 BBA SUMMER DRIVE ASSIGNMENTSSEM 2 BBA SUMMER DRIVE ASSIGNMENTS
SEM 2 BBA SUMMER DRIVE ASSIGNMENTS
 
Adjusting entries bookkeeping
Adjusting entries bookkeepingAdjusting entries bookkeeping
Adjusting entries bookkeeping
 
Golden Rules of Accounting. (Learn the Debit and Credit aspects of transactio...
Golden Rules of Accounting. (Learn the Debit and Credit aspects of transactio...Golden Rules of Accounting. (Learn the Debit and Credit aspects of transactio...
Golden Rules of Accounting. (Learn the Debit and Credit aspects of transactio...
 

Similar to Ac Counting For Business

SMU_MBA-Solved-Assignment-Mb0041 financial and management accounting spring20...
SMU_MBA-Solved-Assignment-Mb0041 financial and management accounting spring20...SMU_MBA-Solved-Assignment-Mb0041 financial and management accounting spring20...
SMU_MBA-Solved-Assignment-Mb0041 financial and management accounting spring20...pkharb
 
Single entry ppt
Single entry pptSingle entry ppt
Single entry pptRekha M
 
Fundamental accounting for entrepreneurs
Fundamental accounting for entrepreneurs Fundamental accounting for entrepreneurs
Fundamental accounting for entrepreneurs Dr. Trilok Kumar Jain
 
Fundamental accounting for entrepreneurs
Fundamental accounting for entrepreneurs Fundamental accounting for entrepreneurs
Fundamental accounting for entrepreneurs Dr. Trilok Kumar Jain
 
General Ledger & Trail Balance
General Ledger & Trail BalanceGeneral Ledger & Trail Balance
General Ledger & Trail BalanceKabuye James
 
agri mba Accounting ppt by sanchayan
agri mba Accounting  ppt by sanchayanagri mba Accounting  ppt by sanchayan
agri mba Accounting ppt by sanchayanjacktris
 
Acc week 3
Acc week 3Acc week 3
Acc week 3Shu Shin
 
Journal and LEdger.pptxABM1_Concepts and Principles.pptx
Journal and LEdger.pptxABM1_Concepts and Principles.pptxJournal and LEdger.pptxABM1_Concepts and Principles.pptx
Journal and LEdger.pptxABM1_Concepts and Principles.pptxjeannmontejo1
 
Accounting for Not for Profit Organisations
Accounting for Not for Profit OrganisationsAccounting for Not for Profit Organisations
Accounting for Not for Profit OrganisationsPreksha Mehta
 
Mb0041 financial and management accounting
Mb0041  financial and management accountingMb0041  financial and management accounting
Mb0041 financial and management accountingsmumbahelp
 
Accounting For Business 24 October Ii
Accounting For Business 24 October IiAccounting For Business 24 October Ii
Accounting For Business 24 October IiDr. Trilok Kumar Jain
 
Dissolution of Partnership Firm
Dissolution of Partnership Firm Dissolution of Partnership Firm
Dissolution of Partnership Firm Preksha Mehta
 
Company Secretarial Practise 13 November
Company Secretarial Practise 13 NovemberCompany Secretarial Practise 13 November
Company Secretarial Practise 13 NovemberDr. Trilok Kumar Jain
 
accounting exam (1).docx
accounting exam (1).docxaccounting exam (1).docx
accounting exam (1).docxELECTRICEGYPT
 
accounting exam (2).docx
accounting exam (2).docxaccounting exam (2).docx
accounting exam (2).docxELECTRICEGYPT
 
Siklus akuntansi lengkap
Siklus akuntansi lengkapSiklus akuntansi lengkap
Siklus akuntansi lengkapmiss13
 
Quick Learn: concepts accrual accounting and cash flow
Quick Learn: concepts accrual accounting and cash flowQuick Learn: concepts accrual accounting and cash flow
Quick Learn: concepts accrual accounting and cash flowEddie Zhong
 

Similar to Ac Counting For Business (19)

Accountancy For Business 17 October
Accountancy  For Business 17 OctoberAccountancy  For Business 17 October
Accountancy For Business 17 October
 
SMU_MBA-Solved-Assignment-Mb0041 financial and management accounting spring20...
SMU_MBA-Solved-Assignment-Mb0041 financial and management accounting spring20...SMU_MBA-Solved-Assignment-Mb0041 financial and management accounting spring20...
SMU_MBA-Solved-Assignment-Mb0041 financial and management accounting spring20...
 
Single entry ppt
Single entry pptSingle entry ppt
Single entry ppt
 
Fundamental accounting for entrepreneurs
Fundamental accounting for entrepreneurs Fundamental accounting for entrepreneurs
Fundamental accounting for entrepreneurs
 
Fundamental accounting for entrepreneurs
Fundamental accounting for entrepreneurs Fundamental accounting for entrepreneurs
Fundamental accounting for entrepreneurs
 
General Ledger & Trail Balance
General Ledger & Trail BalanceGeneral Ledger & Trail Balance
General Ledger & Trail Balance
 
agri mba Accounting ppt by sanchayan
agri mba Accounting  ppt by sanchayanagri mba Accounting  ppt by sanchayan
agri mba Accounting ppt by sanchayan
 
Acc week 3
Acc week 3Acc week 3
Acc week 3
 
Journal and LEdger.pptxABM1_Concepts and Principles.pptx
Journal and LEdger.pptxABM1_Concepts and Principles.pptxJournal and LEdger.pptxABM1_Concepts and Principles.pptx
Journal and LEdger.pptxABM1_Concepts and Principles.pptx
 
Accounting for Not for Profit Organisations
Accounting for Not for Profit OrganisationsAccounting for Not for Profit Organisations
Accounting for Not for Profit Organisations
 
Mb0041 financial and management accounting
Mb0041  financial and management accountingMb0041  financial and management accounting
Mb0041 financial and management accounting
 
Accounting For Business 24 October Ii
Accounting For Business 24 October IiAccounting For Business 24 October Ii
Accounting For Business 24 October Ii
 
Dissolution of Partnership Firm
Dissolution of Partnership Firm Dissolution of Partnership Firm
Dissolution of Partnership Firm
 
Company Secretarial Practise 13 November
Company Secretarial Practise 13 NovemberCompany Secretarial Practise 13 November
Company Secretarial Practise 13 November
 
accounting exam (1).docx
accounting exam (1).docxaccounting exam (1).docx
accounting exam (1).docx
 
accounting exam (2).docx
accounting exam (2).docxaccounting exam (2).docx
accounting exam (2).docx
 
GRADE CONTROLLED TEST
GRADE CONTROLLED TESTGRADE CONTROLLED TEST
GRADE CONTROLLED TEST
 
Siklus akuntansi lengkap
Siklus akuntansi lengkapSiklus akuntansi lengkap
Siklus akuntansi lengkap
 
Quick Learn: concepts accrual accounting and cash flow
Quick Learn: concepts accrual accounting and cash flowQuick Learn: concepts accrual accounting and cash flow
Quick Learn: concepts accrual accounting and cash flow
 

More from Dr. Trilok Kumar Jain

Covid 19 novel corona virus pandemic
Covid 19 novel corona virus pandemicCovid 19 novel corona virus pandemic
Covid 19 novel corona virus pandemicDr. Trilok Kumar Jain
 
Korona crisis and 20 lakh crore self reliance scheme
Korona crisis and 20 lakh crore self reliance schemeKorona crisis and 20 lakh crore self reliance scheme
Korona crisis and 20 lakh crore self reliance schemeDr. Trilok Kumar Jain
 
Article on respected parmanand joshi ji
Article on respected parmanand joshi jiArticle on respected parmanand joshi ji
Article on respected parmanand joshi jiDr. Trilok Kumar Jain
 
Jain teerthankar vardhman mahaveer and contemporary problems
Jain teerthankar vardhman mahaveer and contemporary problemsJain teerthankar vardhman mahaveer and contemporary problems
Jain teerthankar vardhman mahaveer and contemporary problemsDr. Trilok Kumar Jain
 
Critical analysis rajasthan government budget 2020
Critical analysis rajasthan government budget 2020Critical analysis rajasthan government budget 2020
Critical analysis rajasthan government budget 2020Dr. Trilok Kumar Jain
 
Learning languages in school education
Learning languages in school educationLearning languages in school education
Learning languages in school educationDr. Trilok Kumar Jain
 
Happiness class india school system (1)
Happiness class india school system (1)Happiness class india school system (1)
Happiness class india school system (1)Dr. Trilok Kumar Jain
 
Covid 19 novel corona virus pandemic
Covid 19 novel corona virus pandemicCovid 19 novel corona virus pandemic
Covid 19 novel corona virus pandemicDr. Trilok Kumar Jain
 
Higher education in india hindi article (1)
Higher education in india hindi article (1)Higher education in india hindi article (1)
Higher education in india hindi article (1)Dr. Trilok Kumar Jain
 
Republic day special hindi article (1)
Republic day special hindi article (1)Republic day special hindi article (1)
Republic day special hindi article (1)Dr. Trilok Kumar Jain
 

More from Dr. Trilok Kumar Jain (20)

Exam reform
Exam reformExam reform
Exam reform
 
Selfreliant india covid19
Selfreliant india covid19Selfreliant india covid19
Selfreliant india covid19
 
Self reliant india campaign
Self reliant india campaignSelf reliant india campaign
Self reliant india campaign
 
Korona virus tragedy
Korona virus tragedyKorona virus tragedy
Korona virus tragedy
 
Covid 19 novel corona virus pandemic
Covid 19 novel corona virus pandemicCovid 19 novel corona virus pandemic
Covid 19 novel corona virus pandemic
 
Korona crisis and 20 lakh crore self reliance scheme
Korona crisis and 20 lakh crore self reliance schemeKorona crisis and 20 lakh crore self reliance scheme
Korona crisis and 20 lakh crore self reliance scheme
 
Article on respected parmanand joshi ji
Article on respected parmanand joshi jiArticle on respected parmanand joshi ji
Article on respected parmanand joshi ji
 
Corona covid 19 lockdown request
Corona covid 19 lockdown requestCorona covid 19 lockdown request
Corona covid 19 lockdown request
 
Gram swarajya rural development
Gram swarajya rural developmentGram swarajya rural development
Gram swarajya rural development
 
Jain teerthankar vardhman mahaveer and contemporary problems
Jain teerthankar vardhman mahaveer and contemporary problemsJain teerthankar vardhman mahaveer and contemporary problems
Jain teerthankar vardhman mahaveer and contemporary problems
 
Critical analysis rajasthan government budget 2020
Critical analysis rajasthan government budget 2020Critical analysis rajasthan government budget 2020
Critical analysis rajasthan government budget 2020
 
Inspector raj in india
Inspector raj in indiaInspector raj in india
Inspector raj in india
 
Learning languages in school education
Learning languages in school educationLearning languages in school education
Learning languages in school education
 
Happiness class india school system (1)
Happiness class india school system (1)Happiness class india school system (1)
Happiness class india school system (1)
 
Korona virus tragedy
Korona virus tragedyKorona virus tragedy
Korona virus tragedy
 
Holi article trilok kumar jain
Holi article trilok kumar jainHoli article trilok kumar jain
Holi article trilok kumar jain
 
Covid 19 novel corona virus pandemic
Covid 19 novel corona virus pandemicCovid 19 novel corona virus pandemic
Covid 19 novel corona virus pandemic
 
Higher education in india hindi article (1)
Higher education in india hindi article (1)Higher education in india hindi article (1)
Higher education in india hindi article (1)
 
Republic day special hindi article (1)
Republic day special hindi article (1)Republic day special hindi article (1)
Republic day special hindi article (1)
 
Budget special article (1)
Budget special article (1)Budget special article (1)
Budget special article (1)
 

Recently uploaded

House of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHouse of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHenry Tapper
 
Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]Commonwealth
 
Vp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsAppVp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsAppmiss dipika
 
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdfmagnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdfHenry Tapper
 
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...Henry Tapper
 
Managing Finances in a Small Business (yes).pdf
Managing Finances  in a Small Business (yes).pdfManaging Finances  in a Small Business (yes).pdf
Managing Finances in a Small Business (yes).pdfmar yame
 
The Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasThe Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasCherylouCamus
 
NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...
NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...
NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...Amil Baba Dawood bangali
 
Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713Sonam Pathan
 
212MTAMount Durham University Bachelor's Diploma in Technology
212MTAMount Durham University Bachelor's Diploma in Technology212MTAMount Durham University Bachelor's Diploma in Technology
212MTAMount Durham University Bachelor's Diploma in Technologyz xss
 
(中央兰开夏大学毕业证学位证成绩单-案例)
(中央兰开夏大学毕业证学位证成绩单-案例)(中央兰开夏大学毕业证学位证成绩单-案例)
(中央兰开夏大学毕业证学位证成绩单-案例)twfkn8xj
 
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...Amil baba
 
Tenets of Physiocracy History of Economic
Tenets of Physiocracy History of EconomicTenets of Physiocracy History of Economic
Tenets of Physiocracy History of Economiccinemoviesu
 
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170Sonam Pathan
 
NO1 WorldWide online istikhara for love marriage vashikaran specialist love p...
NO1 WorldWide online istikhara for love marriage vashikaran specialist love p...NO1 WorldWide online istikhara for love marriage vashikaran specialist love p...
NO1 WorldWide online istikhara for love marriage vashikaran specialist love p...Amil Baba Dawood bangali
 
The Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh KumarThe Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh KumarHarsh Kumar
 
The AES Investment Code - the go-to counsel for the most well-informed, wise...
The AES Investment Code -  the go-to counsel for the most well-informed, wise...The AES Investment Code -  the go-to counsel for the most well-informed, wise...
The AES Investment Code - the go-to counsel for the most well-informed, wise...AES International
 
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...yordanosyohannes2
 
Stock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfStock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfMichael Silva
 
Stock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdfStock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdfMichael Silva
 

Recently uploaded (20)

House of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHouse of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview document
 
Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]
 
Vp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsAppVp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsApp
 
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdfmagnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
 
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
 
Managing Finances in a Small Business (yes).pdf
Managing Finances  in a Small Business (yes).pdfManaging Finances  in a Small Business (yes).pdf
Managing Finances in a Small Business (yes).pdf
 
The Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasThe Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng Pilipinas
 
NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...
NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...
NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...
 
Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713
 
212MTAMount Durham University Bachelor's Diploma in Technology
212MTAMount Durham University Bachelor's Diploma in Technology212MTAMount Durham University Bachelor's Diploma in Technology
212MTAMount Durham University Bachelor's Diploma in Technology
 
(中央兰开夏大学毕业证学位证成绩单-案例)
(中央兰开夏大学毕业证学位证成绩单-案例)(中央兰开夏大学毕业证学位证成绩单-案例)
(中央兰开夏大学毕业证学位证成绩单-案例)
 
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
 
Tenets of Physiocracy History of Economic
Tenets of Physiocracy History of EconomicTenets of Physiocracy History of Economic
Tenets of Physiocracy History of Economic
 
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
 
NO1 WorldWide online istikhara for love marriage vashikaran specialist love p...
NO1 WorldWide online istikhara for love marriage vashikaran specialist love p...NO1 WorldWide online istikhara for love marriage vashikaran specialist love p...
NO1 WorldWide online istikhara for love marriage vashikaran specialist love p...
 
The Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh KumarThe Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh Kumar
 
The AES Investment Code - the go-to counsel for the most well-informed, wise...
The AES Investment Code -  the go-to counsel for the most well-informed, wise...The AES Investment Code -  the go-to counsel for the most well-informed, wise...
The AES Investment Code - the go-to counsel for the most well-informed, wise...
 
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
 
Stock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfStock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdf
 
Stock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdfStock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdf
 

Ac Counting For Business

  • 1. ACCOUNTING FOR BUSINESS AFTERSCHO☺OL – DEVELOPING CHANGE MAKERS CENTRE FOR SOCIAL ENTREPRENEURSHIP PGPSE PROGRAMME – World’ Most Comprehensive programme in social entrepreneurship & spiritual entrepreneurship OPEN FOR ALL FREE FOR ALL www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS
  • 2. ACCOUNTING FOR BUSINESS Dr. T.K. Jain. AFTERSCHO☺OL Centre for social entrepreneurship Bikaner M: 9414430763 [email_address] www.afterschool.tk , www.afterschoool.tk www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.  
  • 23. A firm purchases a lease of 3 years for Rs. 60,000 on 1.4.2004. it decides to provide for its replacement by means of an insurance policy for Rs. 60,000. The annual premium is Rs. 19,000. On 1.4.2006, the lease is renewed for a further period of 3 years for Rs. 60,000. You are required to show necessary ledger accounts.
  • 24.
  • 25.
  • 26.
  • 27.
  • 28.
  • 29.
  • 30.
  • 31.
  • 32.
  • 33.
  • 34.
  • 35.
  • 36.
  • 37.  
  • 38. Goti maintains single entry system of accounting. He had Rs. 3 Lakh on 1 January 2006 following is the details of accounts that he had 31/3/7 1/4/6 3000 5000 Creditors 2000 1000 Debtors 29000 19000 Stock 3000 2000 Cash in hand
  • 39.
  • 40.
  • 41.
  • 42.
  • 43.
  • 44.
  • 45.
  • 46.
  • 47.
  • 48.
  • 49.
  • 50.
  • 51.
  • 52.
  • 53.
  • 54.
  • 55.
  • 56.
  • 57.
  • 58.
  • 59.
  • 60.
  • 61.
  • 62.
  • 63.
  • 64.
  • 65.
  • 66. Goti purchases Ito Ltd. For Rs. 250000 and pays in 20000 shares of Rs. 10 + cash. Show the entries?
  • 67.
  • 68.
  • 69.
  • 70.
  • 71.
  • 72.
  • 73.
  • 74.
  • 75.
  • 76.
  • 77.
  • 78.
  • 79.
  • 80.
  • 81.
  • 82.
  • 83.
  • 84.