Home
Class 11
ACCOUNTS
Cash Account is a real account ....

Cash Account is a real account .

Text Solution

Verified by Experts

The correct Answer is:
True
Promotional Banner

Topper's Solved these Questions

  • BOOKS OF ORIGINAL ENTRY -CASH BOOK

    DK GOEL|Exercise Objective Type Questions ( (B) Fill up the blanks :- )|5 Videos

  • BOOKS OF ORIGINAL ENTRY -CASH BOOK

    DK GOEL|Exercise Objective Type Questions ( (C) Choose the best Altenate )|14 Videos

  • BOOKS OF ORIGINAL ENTRY -CASH BOOK

    DK GOEL|Exercise Very Short Answer Questions|13 Videos

  • BOOKS OF ORIGINAL ENTRY - SPECIAL PURPOSE SUBSIDIARY BOOKS

    DK GOEL|Exercise ADDITIONAL QUESTIONS|6 Videos

  • CAPITAL AND REVENUE

    DK GOEL|Exercise PRACTICAL QUESTIONS|4 Videos

Similar Questions

Explore conceptually related problems

A , B and C were in partnership sharing profits and losses in the ratio of 2 : 2 : 1 . They decided to dissolve the partnership . On that date of dissolution . Sundry Assets (including cash ₹ 5,000) amounted to ₹ 88,000 , assets realised ₹ 80,000 (including an unrecorded asset which realised ₹ 4,000) . A contingent liability on account of bills discounted ₹ 8,000 was paid by the firm. The Capital Accounts of A , B and C showed a balance of ₹ 20,000 each. Prepare Realisation Account , Partner's Capital Accounts and Cash Account .

Put the following on the proper side of Cash account, Debtor's account and Creditor's account : (a) Sold goods for cash Rs. 60,000. (b) Sold goods to Hari on credit Rs. 20,000. (c ) Purchased goods from Krishan on credit Rs. 36,000. (d) Purchased goods from Krishan for cash Rs. 10,000. (e) Cash received from Hari Rs.15,000. (f) Cash paid to Krishan Rs. 28,000.