{"id":7194,"date":"2021-05-07T21:04:12","date_gmt":"2021-05-07T11:04:12","guid":{"rendered":"https:\/\/casestudyhelp.com\/sample-questions\/?p=7194"},"modified":"2021-05-07T21:04:12","modified_gmt":"2021-05-07T11:04:12","slug":"financial-accounting-management-research-assignment-answers","status":"publish","type":"post","link":"https:\/\/casestudyhelp.com\/sample-questions\/financial-accounting-management-research-assignment-answers\/","title":{"rendered":"Financial Accounting Management &#038; Research Assignment Answers"},"content":{"rendered":"<h2><strong>Financial Accounting Management Assignment Solution<\/strong><\/h2>\n<p><strong>Words:\u00a0 3000<\/strong><\/p>\n<p>&nbsp;<\/p>\n<blockquote>\n<p style=\"text-align: justify;\">Studying at University? Are You Looking for Financial Accounting Management &amp; Research Assignment? Get <a href=\"https:\/\/casestudyhelp.com\/sample-questions\/\" title=\"Questions &amp; Answer Help\">Answer the Questions<\/a> on Financial Accounting Assignment. Casestudyhelp.com offers <a href=\"https:\/\/casestudyhelp.com\/mba\/financial-accounting-assignment-help.html\" target=\"_blank\">Online Financial Accounting Assignment Help<\/a>, <a href=\"https:\/\/casestudyhelp.com\/blog\/financial-accounting-assignment-help-online-by-top-australian-writers\/\" target=\"_blank\">Custom Financial Management Assignment<\/a> and <a href=\"https:\/\/casestudyhelp.com\/blog\/research-paper-writing-get-8-basic-step-and-help\/\" target=\"_blank\">Research Paper Writing<\/a> at the Best Price in Australia, UK and the USA.<\/p>\n<\/blockquote>\n<p style=\"text-align: center;\"><a title=\"ORDER NOW\" href=\"https:\/\/casestudyhelp.com\/MyOrder.php\" target=\"_blank\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-7064\" src=\"https:\/\/casestudyhelp.com\/sample-questions\/wp-content\/uploads\/2021\/03\/order-now.jpg\" alt=\"order-now\" width=\"700\" height=\"87\" srcset=\"https:\/\/casestudyhelp.com\/sample-questions\/wp-content\/uploads\/2021\/03\/order-now.jpg 700w, https:\/\/casestudyhelp.com\/sample-questions\/wp-content\/uploads\/2021\/03\/order-now-300x37.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Q1. Prepare Trial balance as on 31<sup>st<\/sup> March, 2020.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong><strong>(2.5)<\/strong><\/p>\n<table style=\"height: 447px;\" width=\"711\">\n<tbody>\n<tr>\n<td width=\"295\"><strong>Particulars\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Amount<\/strong><\/td>\n<td width=\"318\"><strong><em>\u00a0Particulars\u00a0 Amount<\/em><\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"295\">Capital\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,00,000<\/td>\n<td width=\"318\">Fixed Assets\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,80,000<\/td>\n<\/tr>\n<tr>\n<td width=\"295\">Reserves\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a050,000<\/td>\n<td width=\"318\">Plant\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 75,000<\/td>\n<\/tr>\n<tr>\n<td width=\"295\">Bills Payable\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,00,000<\/td>\n<td width=\"318\">Furniture\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 40,000<\/td>\n<\/tr>\n<tr>\n<td width=\"295\">Creditors\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a075,000<\/td>\n<td width=\"318\">Debtors\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 50,000<\/td>\n<\/tr>\n<tr>\n<td width=\"295\">Bank overdraft\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 35.000<\/td>\n<td width=\"318\">Stock\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a035,000<\/td>\n<\/tr>\n<tr>\n<td width=\"295\">Bank\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 55,000<\/td>\n<td width=\"318\">Cash\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 25,000<\/td>\n<\/tr>\n<tr>\n<td width=\"295\">Prepaid Rent\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a01,000<\/td>\n<td width=\"318\">Outstanding Salaries\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a05,000<\/td>\n<\/tr>\n<tr>\n<td width=\"295\">Purchases\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 6.00.000<\/td>\n<td width=\"318\">Sales\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,96,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><strong>Q2. Journalize the following transactions:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/strong><strong>(2.5)<\/strong><\/p>\n<p>2021 Jan 1. Mohan bros. commenced business with capital of Rs. 50,000 and goods worth Rs. 30,000.<\/p>\n<p>Jan 10. Sold old machinery to Nanu for Rs. 2,500.<\/p>\n<p>Jan 15. Goods worth Rs. 5,000 given as charity.<\/p>\n<p>Jan 20.\u00a0 Paid Rent Rs. 5000, Commission Rs. 1000, Interest Rs. 3000.<\/p>\n<p>Jan\u00a0 25. Credit Sales Rs. 50000\/-<\/p>\n<p>Jan 31. Goods withdrawn Rs. 2000\/- for personal Use.<\/p>\n<p><strong>Q.3. Prepare Trading A\/c and Profit and Loss A\/c from the following details of a Limited Company.\u00a0\u00a0\u00a0 (2.5)<\/strong><\/p>\n<p>&nbsp;<\/p>\n<table style=\"height: 243px;\" width=\"733\">\n<tbody>\n<tr>\n<td width=\"223\">Opening Stock<\/td>\n<td width=\"72\">\u00a0\u00a0 60,000<\/td>\n<td width=\"222\">Purchases<\/td>\n<td width=\"78\">3,00,000<\/td>\n<\/tr>\n<tr>\n<td width=\"223\">Closing Stock<\/td>\n<td width=\"72\">\u00a0\u00a0 20,000<\/td>\n<td width=\"222\">Dividend recd.<\/td>\n<td width=\"78\">\u00a0\u00a0 12,000<\/td>\n<\/tr>\n<tr>\n<td width=\"223\">Sales<\/td>\n<td width=\"72\">5,00,000<\/td>\n<td width=\"222\">Rent paid<\/td>\n<td width=\"78\">\u00a0\u00a0 14,000<\/td>\n<\/tr>\n<tr>\n<td width=\"223\">Purchase Return<\/td>\n<td width=\"72\">\u00a0\u00a0\u00a0\u00a0 2,000<\/td>\n<td width=\"222\">wages<\/td>\n<td width=\"78\">\u00a0\u00a0 48,000<\/td>\n<\/tr>\n<tr>\n<td width=\"223\">Sales Return<\/td>\n<td width=\"72\">\u00a0\u00a0\u00a0\u00a0 5,000<\/td>\n<td width=\"222\">salaries<\/td>\n<td width=\"78\">\u00a0\u00a0 52,000<\/td>\n<\/tr>\n<tr>\n<td width=\"223\">Carriage Inward<\/td>\n<td width=\"72\">\u00a0\u00a0 17,000<\/td>\n<td width=\"222\">Selling expenses<\/td>\n<td width=\"78\">\u00a0\u00a0 25,000<\/td>\n<\/tr>\n<tr>\n<td width=\"223\">Carriage outward<\/td>\n<td width=\"72\">\u00a0\u00a0 23,000<\/td>\n<td width=\"222\">Office expenses<\/td>\n<td width=\"78\">\u00a0\u00a0 13,000<\/td>\n<\/tr>\n<tr>\n<td width=\"223\">Manufacturing Expenses<\/td>\n<td width=\"72\">\u00a0\u00a0 32,000<\/td>\n<td width=\"222\">Bad debts<\/td>\n<td width=\"78\">\u00a0\u00a0\u00a0\u00a0 3,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><strong>Q.4. Distinguish between Any one\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 (2.5)<\/strong><\/p>\n<p>Book- keeping and Accountancy\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>OR\u00a0\u00a0\u00a0\u00a0 <\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Journal and Ledger<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<script type=\"text\/javascript\" charset=\"utf-8\" src=\"http:\/\/w.sharethis.com\/widget\/?wp=6.2.9\"><\/script>","protected":false},"excerpt":{"rendered":"<p>Financial Accounting Management Assignment Solution Words:\u00a0 3000 &nbsp; Studying at University? Are You Looking for Financial Accounting Management &amp; Research Assignment? Get Answer the Questions on Financial Accounting Assignment. Casestudyhelp.com offers Online Financial Accounting Assignment Help, Custom Financial Management Assignment and Research Paper Writing at the Best Price in Australia, UK and the USA. &nbsp; [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1443],"tags":[19,1096,6163,3022,3367,6161,6162,3494,24,38],"_links":{"self":[{"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/posts\/7194"}],"collection":[{"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/comments?post=7194"}],"version-history":[{"count":1,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/posts\/7194\/revisions"}],"predecessor-version":[{"id":7195,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/posts\/7194\/revisions\/7195"}],"wp:attachment":[{"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/media?parent=7194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/categories?post=7194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/tags?post=7194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}