CLASS 10 ENGLISH PAPER ..
SET 1 OR ANY SET... PLZ SOLVE IT
IT IS THERE AS
follow kar dena bhai
kausnkajanak akjaakaja jaiaiab aiaiah
Given " recieved 1300from hari krishna and settled his dues of 1000"
This transaction gives us a clue that Amount is due from Hari krishna so he will be "Debtor "
and his account is settled completely.even though amount recieved is Less than amount owed...so Difference in amount will be discount..So 1000 - 1300=300 will be Discount (allowed)
This transaction affects three accounts... Hari krishna a/c , cash a/c and discount allowed a/c
where Hari krishna account is a personal account, cash account is a real account, Discount allowed account is a nominal account
The three golden rules of accounting are
Personal account Debit the receiver, credit the giver
Real account - Debit what comes in, Credit what goes out
Nominal account - Debit all expenses and losses, Credit all incomes and gains
So basing on the above rules..
Hari krishna being the giver should be credited , discount allowed being loss should be debited, money is incoming/ increasing so cash account should be Debited...
So the Journal Entry will be -
Cash a/c. Dr.1300
Discount allowed a/c Dr 300
To Hari krishna a/c. 1000
(Being Hari krishna account settled by Cash)
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Hence, n(Universal set) = 12 + 6 + 13 = 31
Hope it helps.....
i hope it will help you......
Let the cost of the tea set = x and the cost of lemon set = y
If he sells a tea set at 5% loss and lemon set at 15% gain
⇒loss on a tea set=x×
⇒gain on lemon set=y×
If he sells a tea set at 5% gain and the lemon set at 10 % gain, total gain = 13Rs
Now multiplying eq 1 from 5 and adding eq 2 will get
Now putting y = 80 in eq 1 will get
may i tell u.. frnd
why god is doing alway with me only...
do u...know one my one bad habit
ham jisko v dil say payar kar lay na tho ishaky liya agar jaan v day day tho kam lagta h
always god is doing like this with me only...frnd...
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