Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 2 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 12 Jul 2017 My Price 7.00

Tutorial Anil made the following transactions

Tutorial Anil made the following transactions in relation to his business. Use the accounting equation to show their effect on his assets, liabilities and capital: 1.Started business with cash Rs 50000 2.Purchased a Machine on credit Rs. 4000 from M/S Mohan Machines 3.Purchased goods for cash Rs. 10000 4.Purchased furniture for Rs. 12000 5.Withdrew for personal use Rs. 700 6.Borrowed from Bank Rs.10000 7.Paid rent in advance Rs. 1500 8.Received interest Rs. 1000 9.Sold goods costing Rs 5000 for Rs 7000 for cash 10.Sold goods to Shyam costing Rs 4000 for Rs. 6000 11.Purchased household goods for Rs.9000 giving Rs3000 in cash and balance through a loan 12.Goods destroyed by fire (Cost Rs 500, Sale price Rs 700) 13.Paid half the amount owed to Mohan Machines 14.Paid salaries Rs. 18000 and outstanding salary Rs. 2000 15.Received Rs. 5800 from Shyam in full settlement 16.Paid Rs 1900 to Mohan machines in full settlement 17.Further capital invested Rs. 40000 18.Charged depreciation of Rs. 400 on machine and Rs. 2000 on furniture 19.Paid insurance premium Rs. 2000 20.Received advance payment from customer Mr. Ram Rs. 5000

 

 

Answers

Maurice Tutor
(5)
Status NEW Posted 12 Jul 2017 10:07 PM My Price 7.00

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