Accountancy Problems with Solutions

Accounts Payable Accounts Receivable amount answer will receive assets and liabilities audit auditor balance sheet bank Bills Payable Bills Receivable bonds bookkeeping Capital Account capital stock cash book cent certificate charged common stock consignment contract corporation cost creditors debit December 31 deficiency Define depreciation discount Discounts and allowances dividend February 28 figures final financial find finished firm first fiscal five fixed Furniture Give reasons goodwill Gross Profit Insurance Inventory Investment January Labor loan loss account manufacturing Mdse method mortgage net profits Notes Payable Notes Receivable Office Oflice paid partners partnership payment period preferred stock Prepare problem Profit and Loss profit or loss Purchases questions Real Estate realized receipts Rent Reserve revenue Salaries securities selling share of profits Sinking Fund Income sold Solution stockholders Sundry Theory of Accounts tion transactions treasury stock trial balance Wages