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Transactions of modern data. Circuit below show the effects of these transactions on necessary liabilities and capitals with the help of accounting. A business started cash with this one lock cash participant is 50000 cash sales will pay 60000 purchase finish forecast 5000 bedroom 4000 balls from ₹1100 8000.?
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Transactions of modern data. Circuit below show the effects of these t...
Initial Transactions:
- The business started with cash of 50,000.
- Cash sales were made for 60,000.
- Purchases were made for 5,000.
- Furniture was bought for 4,000.
- Balls were purchased for 1,100 and sold for 8,000.

Effects on Liabilities and Capital:
- Cash sales increase cash on hand and revenue.
- Purchases increase liabilities for the amount owed.
- Buying furniture and balls decreases cash but increases assets.
- Selling the balls for a higher price increases revenue and cash.

Accounting Entries:
- Cash account will increase for cash sales and decrease for purchases.
- Accounts payable will increase for purchases made on credit.
- Furniture and balls will increase assets.
- Revenue will increase for the sale of balls.

Summary:
- The initial transactions show an increase in cash and assets, along with corresponding increases in liabilities and revenue. Proper accounting entries need to be made to accurately reflect these transactions in the financial statements.
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Group QuestionAnswer the following question based on the information given below.In the 2006 Common Wealth games, there was participation from five different countries - USA, China, UK, Australia and Japan. From each of these five countries there were athletes participating in one of the five following events: shot put, javelin, high jump, long jump and marathon. Each participant was allowed to participate in exactly one of the five events.Further it is known that there were at least two participants and at most ten participants from each country and the total number of participants from all the five countries put together was a perfect square.The following information is also available:I. The number of participants in javelin was exactly half the number of participants in each of the other events.II. USA sent an equal number of participants in shot put, high jump and long jump.III. The maximum number of participants sent by Japan is for the long jump event and each country sent at least one participant for the long jump and shot put events.IV. The number of participants from China was two more than that from USA, which in turn was one more than that from UK, which in turn was one more than that from Australia which in turn was one more than that from Japan.V. Except Japan, all the other countries sent at least one participant for the javelin event while Japan sent at least one participant in each of the remaining events.VI. The number of participants sent by China for each of the events was different and there were no participants from China for the high jump event.VII. The number of participants in the marathon event sent by all the other countries other than China is equal.Q. For which event did China send the maximum number of Marks participants?

In the 2006 Common Wealth games, there was participation from five different countries - USA, China, UK, Australia and Japan. From each of these five countries there were athletes participating in one of the five following events: shot put, javelin, high jump, long jump and marathon. Each participant was allowed to participate in exactly one of the five events.Further it is known that there were at least two participants and at most ten participants from each country and the total number of participants from all the five countries put together was a perfect square.The following information is also available:I. The number of participants in javelin was exactly half the number of participants in each of the other events.II. USA sent an equal number of participants in shot put, high jump and long jump.III. The maximum number of participants sent by Japan is for the long jump event and each country sent at least one participant for the long jump and shot put events.IV. The number of participants from China was two more than that from USA, which in turn was one more than that from UK, which in turn was one more than that from Australia which in turn was one more than that from Japan.V. Except Japan, all the other countries sent at least one participant for the javelin event while Japan sent at least one participant in each of the remaining events.VI. The number of participants sent by China for each of the events was different and there were no participants from China for the high jump event.VII. The number of participants in the marathon event sent by all the other countries other than China is equal.Q. How many countries did not send even a single participant in any one event?

In the 2006 Common Wealth games, there was participation from five different countries - USA, China, UK, Australia and Japan. From each of these five countries there were athletes participating in one of the five following events: shot put, javelin, high jump, long jump and marathon. Each participant was allowed to participate in exactly one of the five events.Further it is known that there were at least two participants and at most ten participants from each country and the total number of participants from all the five countries put together was a perfect square.The following information is also available:I. The number of participants in javelin was exactly half the number of participants in each of the other events.II. USA sent an equal number of participants in shot put, high jump and long jump.III. The maximum number of participants sent by Japan is for the long jump event and each country sent at least one participant for the long jump and shot put events.IV. The number of participants from China was two more than that from USA, which in turn was one more than that from UK, which in turn was one more than that from Australia which in turn was one more than that from Japan.V. Except Japan, all the other countries sent at least one participant for the javelin event while Japan sent at least one participant in each of the remaining events.VI. The number of participants sent by China for each of the events was different and there were no participants from China for the high jump event.VII. The number of participants in the marathon event sent by all the other countries other than China is equal.Q. Considering all the participants sent by the five countries put together, how many instances were there wherein exactly one participant was sent by a country for an event?

In the 2006 Common Wealth games, there was participation from five different countries - USA, China, UK, Australia and Japan. From each of these five countries there were athletes participating in one of the five following events: shot put, javelin, high jump, long jump and marathon. Each participant was allowed to participate in exactly one of the five events.Further it is known that there were at least two participants and at most ten participants from each country and the total number of participants from all the five countries put together was a perfect square.The following information is also available:I. The number of participants in javelin was exactly half the number of participants in each of the other events.II. USA sent an equal number of participants in shot put, high jump and long jump.III. The maximum number of participants sent by Japan is for the long jump event and each country sent at least one participant for the long jump and shot put events.IV. The number of participants from China was two more than that from USA, which in turn was one more than that from UK, which in turn was one more than that from Australia which in turn was one more than that from Japan.V. Except Japan, all the other countries sent at least one participant for the javelin event while Japan sent at least one participant in each of the remaining events.VI. The number of participants sent by China for each of the events was different and there were no participants from China for the high jump event.VII. The number of participants in the marathon event sent by all the other countries other than China is equal.Q. Which country sent the maximum number of participants for the high jump event?

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Transactions of modern data. Circuit below show the effects of these transactions on necessary liabilities and capitals with the help of accounting. A business started cash with this one lock cash participant is 50000 cash sales will pay 60000 purchase finish forecast 5000 bedroom 4000 balls from ₹1100 8000.?
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Transactions of modern data. Circuit below show the effects of these transactions on necessary liabilities and capitals with the help of accounting. A business started cash with this one lock cash participant is 50000 cash sales will pay 60000 purchase finish forecast 5000 bedroom 4000 balls from ₹1100 8000.? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Transactions of modern data. Circuit below show the effects of these transactions on necessary liabilities and capitals with the help of accounting. A business started cash with this one lock cash participant is 50000 cash sales will pay 60000 purchase finish forecast 5000 bedroom 4000 balls from ₹1100 8000.? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Transactions of modern data. Circuit below show the effects of these transactions on necessary liabilities and capitals with the help of accounting. A business started cash with this one lock cash participant is 50000 cash sales will pay 60000 purchase finish forecast 5000 bedroom 4000 balls from ₹1100 8000.?.
Solutions for Transactions of modern data. Circuit below show the effects of these transactions on necessary liabilities and capitals with the help of accounting. A business started cash with this one lock cash participant is 50000 cash sales will pay 60000 purchase finish forecast 5000 bedroom 4000 balls from ₹1100 8000.? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
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