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  • Part 1 Analysis of Accounting Transactions

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    Al-Syed Institute Of Commerce I. Com I (A, B) Principles Of Accounting Q No. 1. Analyze the following transactions. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. Mr. R started business with cash Rs. 100,000. Purchased goods for Rs. 14000 on credit from Amjad. Sold goods to Aslam for Rs. 9000. Cash given to Amjad Rs. 13,800, and received discount Rs. 200. Received cash from Aslam Rs. 8,800 in full settlement of

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    i.com Part 1 Analysis of Accounting Transactions

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    Al-Syed Institute Of Commerce I. Com I (A, B) Principles Of Accounting Q No. 1. Analyze the following transactions. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. Mr. R started business with cash Rs. 100,000. Purchased goods for Rs. 14000 on credit from Amjad. Sold goods to Aslam for Rs. 9000. Cash given to Amjad Rs. 13,800, and received discount Rs. 200. Received cash from Aslam Rs. 8,800 in full settlement of

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    66 Ansichten1 Seite

    Part 1 Analysis of Accounting Transactions

    Hochgeladen von

    saddamashraf
    Al-Syed Institute Of Commerce I. Com I (A, B) Principles Of Accounting Q No. 1. Analyze the following transactions. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. Mr. R started business with cash Rs. 100,000. Purchased goods for Rs. 14000 on credit from Amjad. Sold goods to Aslam for Rs. 9000. Cash given to Amjad Rs. 13,800, and received discount Rs. 200. Received cash from Aslam Rs. 8,800 in full settlement of

    Copyright:

    Attribution Non-Commercial (BY-NC)
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    Al-Syed Institute Of Commerce

    I. Com I (A, B) Principles Of Accounting


    Q No. 1.
    Analyze the following transactions.
    1. Mr. R started business with cash Rs. 100,000.
    2. Purchased goods for Rs. 14000 on credit from Amjad.
    3. Sold goods to Aslam for Rs. 9000.
    4. Cash given to Amjad Rs. 13,800, and received discount Rs. 200.
    5. Received cash from Aslam Rs. 8,800 in full settlement of account.
    6. Purchased goods on credit from Naveed Rs. 30,000.
    7. Goods returned to Naveed Rs. 1,000.
    8. Withdrew cash for the payment of tuition fee of owner’s children Rs. 1,000.
    9. Withdrew goods from business for personal use Rs. 1,500.
    10. Goods destroyed in accident Rs. 12,000.
    11. Goods given away as charity Rs. 5,000.
    12. Cash given away as charity Rs. 1,000.

    Al-Syed Institute Of Commerce


    I. Com I (A, B) Principles of Accounting
    Q No. 1.
    Analyze the following transactions.
    1. Mr. R started business with cash Rs. 100,000.
    2. Purchased goods for Rs. 14000 on credit from Amjad.
    3. Sold goods to Aslam for Rs. 9000.
    4. Cash given to Amjad Rs. 13,800, and received discount Rs. 200.
    5. Received cash from Aslam Rs. 8,800 in full settlement of account.
    6. Purchased goods on credit from Naveed Rs. 30,000.
    7. Goods returned to Naveed Rs. 1,000.
    8. Withdrew cash for the payment of tuition fee of owner’s children Rs. 1,000.
    9. Withdrew goods from business for personal use Rs. 1,500.
    10. Goods destroyed in accident Rs. 12,000.
    11. Goods given away as charity Rs. 5,000.
    12. Cash given away as charity Rs. 1,000.

    Al-Syed Institute Of Commerce


    I. Com I (A, B) Principles of Accounting
    Q No. 1.
    Analyze the following transactions.
    1. Mr. R started business with cash Rs. 100,000.
    2. Purchased goods for Rs. 14000 on credit from Amjad.
    3. Sold goods to Aslam for Rs. 9000.
    4. Cash given to Amjad Rs. 13,800, and received discount Rs. 200.
    5. Received cash from Aslam Rs. 8,800 in full settlement of account.
    6. Purchased goods on credit from Naveed Rs. 30,000.
    7. Goods returned to Naveed Rs. 1,000.
    8. Withdrew cash for the payment of tuition fee of owner’s children Rs. 1,000.
    9. Withdrew goods from business for personal use Rs. 1,500.
    10. Goods destroyed in accident Rs. 12,000.
    11. Goods given away as charity Rs. 5,000.
    12. Cash given away as charity Rs. 1,000.

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