Record the following transactions in the Sales book of Shri Murli.
Record the following transactions in the Sales book of Shri Murli. Q.6 Record the following transactions in the Sales book of Shri Murli. Solution :- Sales Book of Shri Murli Date Particulars Invoice No. Debit(Rs.) Amount(Rs.) Remarks 2024-08-01 Sahil Traders 001 Goods Sold: 2,000.00 Less: Trade Discount (10%) (200.00) Net Credit Sales 1800 Sold on […]
Write the following transactions of Jeet in his journal
Write the following transactions of Jeet in his journal Q.5 Write the following transactions of Jeet in his journal Date Particulars Debit(RS) Credit() 2024-04-01 Purchases A/c Dr 1800 To Vishal A/c 1800 (Being goods purchased from Vishal at 10% trade discount) Apurva A/c Dr. 2160 To Sales A/c 2160 (Being goods sold to Apurva at […]
Give the answer in short: 1. What is Accrual base? 2. What is Imprest Petty Cash Book?
Give the answer in short: 1. What is Accrual base? 2. What is Imprest Petty Cash Book? Q. 4 Give the answer in short: 1. What is Accrual base? 2. What is Imprest Petty Cash Book? Solution :-Â 1. What is Accrual base? Â Answer :-Â The accrual basis of accounting is a method where […]
Write Short notes: 1.Single Entry System 2. Advantages of Double Entry System 3. Accounting Equation
Write Short notes: 1.Single Entry System 2. Advantages of Double Entry System 3. Accounting Equation Q.3 Write Short notes: 1.Single Entry System 2. Advantages of Double Entry System 3. Accounting Equation Solution :- 1. Single Entry System :- The single entry system is a basic method of bookkeeping where only one aspect of a transaction […]
Explain the following terms. 1. Debtors 2. Capital
Explain the following terms. 1. Debtors 2. Capital  Explain the following terms. 1. Debtors 2. Capital Solution :- 1. Debtors :- Debtors are individuals, businesses, or entities that owe money to a company due to goods sold or services provided on credit. They represent an asset for the business, as the amount owed will be […]
Write a note on 1. Periodicity Concept 2. Types of Accounts 3. Branches of Accounting
Write a note on 1. Periodicity Concept 2. Types of Accounts 3. Branches of Accounting 1. Periodicity Concept :- The periodicity concept in accounting, also known as the time period assumption, refers to the practice of dividing an entity’s financial activities into specific time periods, such as months, quarters, or years. This allows businesses to […]
Imagine you are negotiating a salary package for a new job. The employer has offered a package that is 10% lower than your expected salary. You believe your skills and experience justify a higher salary. How would you approach the negotiation process to reach a favourable outcome for both you and the employer? Consider the steps you would take, the strategies you would employ, and how you would ensure the discussion remains collaborative.
Imagine you are negotiating a salary package for a new job. The employer has offered a package that is 10% lower than your expected salary. You believe your skills and experience justify a higher salary. How would you approach the negotiation process to reach a favourable outcome for both you and the employer? Consider the […]
What are the strategies of effective decision-making process.
What are the strategies of effective decision-making process. Q.7 What are the strategies of effective decision-making process. Answer :-Â Define the Objective ClearlyStart by understanding the purpose of the decision. Identify what you want to achieve and establish clear goals. This will help narrow down options and maintain focus. 2. Gather Relevant InformationCollect accurate and […]
Elaborate Non-Verbal Communication with a special mention of Paralinguistic features
Elaborate Non-Verbal Communication with a special mention of Paralinguistic features Q.6 Elaborate Non-Verbal Communication with a special mention of Paralinguistic features. Answer :- Non-verbal communication refers to the exchange of information and ideas without using spoken words. It relies on physical actions, expressions, and other cues to convey meaning, complementing or substituting verbal communication. Non-verbal […]
List the techniques of Effecting Listening.
List the techniques of Effecting Listening. Q.5 List the techniques of Effecting Listening.. Answer :-Â The list of effective listening techniques written in original words: Focus on the Speaker: Pay full attention to the person speaking, avoiding distractions or multitasking. Maintain Eye Contact: Show interest and engagement by looking at the speaker, ensuring they feel […]