Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents...

17
Accounts Key 1.a

Transcript of Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents...

Page 1: Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents consists of cash in hand, balance with banks and short-term, highly liquid investments*

Accounts Key

1.a

Page 2: Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents consists of cash in hand, balance with banks and short-term, highly liquid investments*

b.

c.

Page 3: Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents consists of cash in hand, balance with banks and short-term, highly liquid investments*
Page 4: Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents consists of cash in hand, balance with banks and short-term, highly liquid investments*

d.

Page 5: Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents consists of cash in hand, balance with banks and short-term, highly liquid investments*

2.

Page 6: Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents consists of cash in hand, balance with banks and short-term, highly liquid investments*
Page 7: Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents consists of cash in hand, balance with banks and short-term, highly liquid investments*
Page 8: Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents consists of cash in hand, balance with banks and short-term, highly liquid investments*

3.

a.

Page 9: Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents consists of cash in hand, balance with banks and short-term, highly liquid investments*

b.

Page 10: Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents consists of cash in hand, balance with banks and short-term, highly liquid investments*

4.

Page 11: Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents consists of cash in hand, balance with banks and short-term, highly liquid investments*
Page 12: Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents consists of cash in hand, balance with banks and short-term, highly liquid investments*

5. a.

Page 13: Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents consists of cash in hand, balance with banks and short-term, highly liquid investments*

b.

Page 14: Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents consists of cash in hand, balance with banks and short-term, highly liquid investments*

Date Particulars No's Income Amount Date Particulars No's Income Amount

1.4.13 To Opening 30.6.13 By Bank A/c (Interest) - 19200 -

balance b/d 1200 3600 126000 (3,200 x 100 x 12%X6/12)

2.5.13 To Bank A/c 2000 8000 192000 30.9.13 By Bank A/c 1500 4500 157500

31.3.14 To P & L A/c 27400 31.12.13 By Bank A/c (Interest) - 10,200 -

To P & L A/c 8437.5 (1,700 x 100 x 12%X6/12)

(Profit on Sale) 31.3.14 By Bal. c/d 1700 5100 168937.5

3200 39000 326437.5 3200 19800 326437.5

6.

Page 15: Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents consists of cash in hand, balance with banks and short-term, highly liquid investments*
Page 16: Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents consists of cash in hand, balance with banks and short-term, highly liquid investments*

7. a.

2. Rs.3,81,818+ 1 st instalment of Rs.2,20,000= Rs.6,01,818.

b.

Page 17: Accounts Key 1 - ksacademy.co.inAs per AS 3 on 'Cash flow Statement', cash and cash equivalents consists of cash in hand, balance with banks and short-term, highly liquid investments*

c.

d.

E.