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---------------------------------------------------------------------------------------------------------------------------Section: 1.

Financial Accounting ----------------------------------------------------------------------------------------------------------------------------The left hand side of the journal book records entries which are in -Financial accounting information helps to understand the following aspects of an entity -Siddharth Kamal has deposited Rs.48990 into his savings account 009001987678 .The cashier has wrongly credited 48900 to his account. He has to pass an entry for Rs.90 to rectify the error -Balances in personal accounts in which amount is owed by the business to its creditors will appear on the -If the interest on homeloan increases, it will increase the profit of the bank -Mr. Singh had deposited Rs.25000\= cash in his Savings account no 001101008567. the teller by mistake entered the a\c no as 001101008657 erroneously. What entry would you pass to rectify this situation -Saradha Maruthi Private Ltd, has issued a cheque for Rs.678900 for cash withdrawal from their current account. The accounting entry would be debit cash a\c credit saradha maruthi pvt ltd a.c for rs.678900 -Money deposited by customers in a Bank will appear -The total deposits figure of a branch as on 30.3.2008 was Rs.780000000. On 31.3.2008, one current account customer transferred Rs.100000000 from his current account to fixed deposit. The total deposit figure of the branch as on 31.3.2008 would be -Banks have to present their Balance sheet as per the format prescribed by -Jayesh as the customer executive was posting a transfer cheque deposited by Latha of RS.9000\=. Latha had received this chq from her friend Rajesh. What entries will you pass -Networth of a company -Shriram enterprises issue a cheque for withdrawal of cash Rs.45000.The account to be credited is cash a\c -Sanjay has taken a housing loan from XY Bank and they are disbursing the amount today of Rs.15 lacs. The bank would pass the following bank entry

---------------------------------------------------------------------------------------------------------------------------Section: 1. Financial Accounting

----------------------------------------------------------------------------------------------------------------------------Banks have to present their Balance sheet as per the format prescribed by -Which kind of accounts the balances cannot be carried forward to the next year -Money deposited by customers in a Bank will appear -while posting the above entry Jayesh transferred the funds from kamlesh. How would Jayesh reverse this entry -The total deposits figure of a branch as on 30.3.2008 was Rs.780000000. On 31.3.2008, one current account customer transferred Rs.100000000 from his current account to fixed deposit. The total deposit figure of the branch as on 31.3.2008 would be -David has a homeloan with the bank and the outstanding amount is Rs.4789000. He pays cash Rs.200000 into the home loan account as bulk repayment, the balance outstanding in the home loan account is -Saradha Maruthi Private Ltd, has issued a cheque for Rs.678900 for cash withdrawal from their current account. The accounting entry would be debit cash a\c credit saradha maruthi pvt ltd a.c for rs.678900 -Networth of a company -If the interest on homeloan increases, it will increase the profit of the bank -Venkat has a fixed deposit of Rs.450000. He withdraws Rs.50000 \- from the Fixed deposit towards an emergency. The balance in the fixed deposit after the premature withdrawal would be -Zuben Musicals have deposited cash for credit of Rs.45000 into their current account and Rs.4500 for credit to the account of Mr.Zubin. Cash account to be debited with Rs.49500

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