She started business on 1 st April, 2018 getting it registered under Goods and Services Tax (GST). She paid security deposits of Rs. 6000 for the electricity connection with UHBN limited and Rs. 4000 plus CGST and SGCT @ 9 % each to BSNL for telephone connection. All payments were to be made by cheque. All the receipts were in cash and to be deposited in the bank in the morning of next day.?

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She started business on 1 st April, 2018 getting it registered under Goods & Services Tax (GST). She paid security deposits of Rs. 6000 for the electricity connection with UHBN limited and Rs. 4000 plus CGST and SGCT @ 9 % each to BSNL for telephone connection. All payments were to be made by cheque. All the receipts were in cash and to be deposited in the bank in the morning of next day.?

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April, 2018 getting it registered under Goods & Services Tax (GST). She paid security deposits of Rs. 6000 for the electricity connection with UHBN limited and Rs. 4000 plus CGST and SGCT @ 9 % each to BSNL for telephone connection. All payments were to be made by cheque. All the receipts?

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Read the following hypothetical Case Study and answer the given questions:The cash book of Ramesh showed the cash balance of ₹15,000 and a bank balance of ₹25,000 as on 30th April 2019. On the 1st of May, he purchased goods from Ramesh worth ₹12,000 and paid it by cheque. He sold goods on 3rd of May for cash and deposited the proceeds into a bank worth ₹10,000. On the 14th of May, he paid the electricity bill by cheque worth ₹9,000. On the 15th of May from Rashi, he purchased goods worth ₹10,000 at a discount of 20% and sold it to Juhi at a profit of 25%. Both the transactions were on credit. On the 26th of May, he withdrew ₹5,000 for office use. On 29th May, he received 70% of the cash from Juhi and paid 50% of it to Rashi and deposited the remaining in the bank. He also paid ₹1,500 as salaries to his employee on 31st of May. He also had the following transactions:• He received a telephone bill worth ₹500.• He withdrew ₹2,500 for his personal use.• He gave ₹500 from for the cash register to his nephew as a gift.• Goods worth ₹2,000 were lost due to damagesThe transaction where he gave cash to his nephew will be recorded as ___________ in the Cash column of the Cash Book.

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Read the following hypothetical Case Study and answer the given questions:The cash book of Ramesh showed the cash balance of 15,000 and a bank balance of 25,000 as on 30th April 2019. On the 1st of May, he purchased goods from Ramesh worth 12,000 and paid it by cheque. He sold goods on 3rd of May for cash and deposited the proceeds into a bank worth 10,000. On the 14th of May, he paid the electricity bill by cheque worth 9,000. On the 15th of May from Rashi, he purchased goods worth 10,000 at a discount of 20% and sold it to Juhi at a profit of 25%. Both the transactions were on credit. On the 26th of May, he withdrew 5,000 for office use. On 29th May, he received 70% of the cash from Juhi and paid 50% of it to Rashi and deposited the remaining in the bank. He also paid 1,500 as salaries to his employee on 31st of May. He also had the following transactions:• He received a telephone bill worth 500.• He withdrew 2,500 for his personal use.• He gave 500 from for the cash register to his nephew as a gift.• Goods worth 2,000 were lost due to damagesThe transaction on the 15th of May will be recorded in ______________.

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Read the following hypothetical Case Study and answer the given questions:The cash book of Ramesh showed the cash balance of 15,000 and a bank balance of 25,000 as on 30th April 2019. On the 1st of May, he purchased goods from Ramesh worth 12,000 and paid it by cheque. He sold goods on 3rd of May for cash and deposited the proceeds into a bank worth 10,000. On the 14th of May, he paid the electricity bill by cheque worth 9,000. On the 15th of May from Rashi, he purchased goods worth 10,000 at a discount of 20% and sold it to Juhi at a profit of 25%. Both the transactions were on credit. On the 26th of May, he withdrew 5,000 for office use. On 29th May, he received 70% of the cash from Juhi and paid 50% of it to Rashi and deposited the remaining in the bank. He also paid 1,500 as salaries to his employee on 31st of May. He also had the following transactions:• He received a telephone bill worth 500.• He withdrew 2,500 for his personal use.• He gave 500 from for the cash register to his nephew as a gift.• Goods worth 2,000 were lost due to damages.Where will the transaction of 1st of May recorded?

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After the graduation, Mollie started a business of footwear named “style wear”. Her father gave Rs. 7,60,000 as capital in gift. She also took a loan of Rs. 4,00,000 on 1st April 2014 from Axis Bank which was to be repaid in 10 equal yearly instalment along with 10 %p.a. on 31st March every year. She purchased a shopfor Rs. 3,30,000in a shopping mall and started her business from 1st April 2014. She deposited Rs. 5,000 for electricity connection with TPDDL Ltd.?

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She started business on 1 st April, 2018 getting it registered under Goods & Services Tax (GST). She paid security deposits of Rs. 6000 for the electricity connection with UHBN limited and Rs. 4000 plus CGST and SGCT @ 9 % each to BSNL for telephone connection. All payments were to be made by cheque. All the receipts were in cash and to be deposited in the bank in the morning of next day.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about She started business on 1 st April, 2018 getting it registered under Goods & Services Tax (GST). She paid security deposits of Rs. 6000 for the electricity connection with UHBN limited and Rs. 4000 plus CGST and SGCT @ 9 % each to BSNL for telephone connection. All payments were to be made by cheque. All the receipts were in cash and to be deposited in the bank in the morning of next day.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for She started business on 1 st April, 2018 getting it registered under Goods & Services Tax (GST). She paid security deposits of Rs. 6000 for the electricity connection with UHBN limited and Rs. 4000 plus CGST and SGCT @ 9 % each to BSNL for telephone connection. All payments were to be made by cheque. All the receipts were in cash and to be deposited in the bank in the morning of next day.?.

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