WebPrepare the trading and profit and loss account and a balance sheet of M / s Shine Ltd. from the following particulars.Adjustments1. Closing stock was valued Rs. 35,000 .2. … WebSolution Receipts and Payments Account is a summary of the cash book. It is prepared on the basis of cash and bank transactions recorded in the Cash Book. All cash receipts are recorded on the receipts side (i.e. Debit side) and all cash payments are recorded on the payments side (i.e. Credit side) of Receipts and Payments Account.
Receipt and Payment Account: meaning, definition, example, types …
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WebByju's Answer Standard XI Accountancy Error of Principles What type of ... Question What type of account is sales returns? Solution Sales returns are considered a contra revenue account as sales returns reduce the revenue of the business. Also read: Cash Book Purchase Book Sales Book and Sales Return Book Cash Flow Statement Ledger in … WebBYJUs has also helped to bridge the digital divide, providing access to quality education and educational resources to students who may not have had access to them otherwise. BYJUs uses an adaptive learning algorithm that takes into account each student's strengths and weaknesses. The platform adapts to each student's pace of learning ... Web100% Personalized Learning Technology that adapts to every learner's needs World-class Curriculum Proven pedagogy, designed by experts Complete Conceptual Clarity Expert … my career goal is