How to prepare Ledger class 11 by Imran Sir
#ledger #ledgerposting #ledgeraccounts #class11 #imransir #journalentries #journal #class11 #scafamily #imransir @scafamily01 Question: May 1 - Started business with cash rs.100000 , land and building rs.100000 and loan from Umakant rs.50000. May 3 - paid audit fees rs.15000 by cheque. May 5 - paid cash to Ravi rs.25,500 who allowed us discount of rs.1000. May 7 - sold goods worth rs.80000 to Pradip @ 10% trade discount and received cash @ 5% cash discount. May 9 - Priya Bought from us goods worth rs.45000 @ 5% GST. May 10 - purchase goods from Ishwari Worth rs.50000 at 28% GST and paid Half amount by Cheque. May 11 - Sold goods to Bharati for cash rs.13000 @ 12% gst and 10% cash discount. May 12 - paid railway freight rs.450 on Krishan account. May 14 - Furniture costing rs.1200 Sold at a loss of rs.300 May 15 - received an account from Tanuja, which was previously written as Bad Debt. May 18 - purchase goods for rs.50000 @ 18% gst and 10 % cash discount. May 20 - purchase an elephant for rs.60000 and paid for Carriage rs.3000. May 24 - paid outstanding salary rs.10000. May - purchase shares of ABC Company limited of rs.100000 @ 1% Brokerage. Important transaction 👍 Calculation of GST Calculation of Trade Discount Calculation of Cash Discount Basic concepts • installment system journal entries for bco... Journal entries (Including interest) • installment system journal entries for bco... Journal entries and Ledger Accounts • installment system journal entries and Led... #physicswallah #pw __________________________________________ Depreciation Account (11th Class, B.com) playlist • Depreciation Account __________________________________________ Business Mathematics and Statistics Chapter:- Mean, Median and Mode | Mean Deviation • BMS Part 01 B.com First Year __________________________________________ Also watch 12th Class • Accounts of 'Not for profit concerns '. 11th Class • 11th Commerce (Book keeping &Accountancy ) _________________________________________ Join us For Free PDF Notes https://t.me/scafamily786 For Updates https://chat.whatsapp.com/G6dvVM9nWcG... For contacting (personal) Mr.imoo (Instagram I'd) Imran sir (SCA FAMILY) Thanks for visiting
