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  • Department of Commerce With Professional Accounting: Dr. N.G.P. Arts and Science College (Autonomous)

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    lindakutty
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    The document provides hints for journal entries related to: 1) Endorsement of a bill, 2) Retaining a bill until maturity, 3) Decline in market value of shares or debentures acquired from a company, 4) Transfer of excess application money from a prorate application, 5) Realization from sale of a private car for Rs. 4000 where Rs. 5000 of office cash was used to purchase a new car worth Rs. 9000.

    Исходное описание:

    Smart auditor competition

    Оригинальное название

    Smart Auditor 2

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    The document provides hints for journal entries related to: 1) Endorsement of a bill, 2) Retaining a bill until maturity, 3) Decline in market value of shares or debentures acquired from a company, 4) Transfer of excess application money from a prorate application, 5) Realization from sale of a private car for Rs. 4000 where Rs. 5000 of office cash was used to purchase a new car worth Rs. 9000.

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    © All Rights Reserved
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    Отметить как неприемлемый контент
    10 просмотров1 страница

    Department of Commerce With Professional Accounting: Dr. N.G.P. Arts and Science College (Autonomous)

    Загружено:

    lindakutty
    The document provides hints for journal entries related to: 1) Endorsement of a bill, 2) Retaining a bill until maturity, 3) Decline in market value of shares or debentures acquired from a company, 4) Transfer of excess application money from a prorate application, 5) Realization from sale of a private car for Rs. 4000 where Rs. 5000 of office cash was used to purchase a new car worth Rs. 9000.

    Авторское право:

    © All Rights Reserved
    Скачайте в формате DOCX, PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    из 1

    Dr. N.G.P.

    Arts and Science college (Autonomous)


    Department of commerce with professional accounting

    PROFESSIONAL HUNT
    SMART AUDITOR
    Round: II Duration: 15 mins

    Hints : Journalise the following and drop your answers below

    1) The bill is endorsed.


    2) The bill is retained until maturity.
    3) If there is any decline in the market value of share or debentures acquired
    from company.
    4) For transfer of excess application money of prorate application.
    5) Realisation from the sales of private car Rs. 4000

    +office cash used for purchase Rs. 5000

    Value of car bought Rs. 9000

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