Sign Tennessee Assignment of Partnership Interest Simple

Document type sign assignment of partnership interest tennessee simple

i hope you all understood so illustration 10 11 12 so we have only three illustrations left so three illustrations in the video ten and uh eleven nah educate so next video on the twelfth pack so tenth illustration particularly to explain is a sole trader dealing in automobiles from the following transactions past journal entries for the month of january 2018. so uh derry 2018 january uh month ago so let us read the transactions now january 1 commence to business with the cash rupees 1 lakh with goods rupees 2 lakhs and with with buildings rupees 5 lakhs so we have a extra one so last question with cash and with goods purchase with a building circle so let's see what's that next jan 2 purchased goods from a and co on credit so third one cash deposit into bank 80 000 fourth one purchased goods from b and co and payment made through debit card 5000 fifth date paid a and go through rtgs sixth rate sold goods to c and go uncheck received rupees fifty thousand seventh date deposited the check received from cnco with the bank eighth rate purchased goods from eastern co unpaid through debit card 12 000 ninth date stationary purchased for unpaid through net banking rupees six thousand tenth date income tax of dairy is paid by check rupees 10 000. so yes we have all caught up so we have 10 transactions here so in the 10 transactions bit easy but it it is all interlinked with another transactions transactions so first one we have commenced business with cash goats and buildings so last videos laying about pathetic illustration with cash and goods and mothers in our cash account debtor stock account data nothing but cash account data stock account data buildings account data to the whole total that is five six seven eight so capital like eight lakhs so this is how we need to understand so yanda we have a lot of uh opening entries in legends so lecture mode will be all under understanding the opening entry how to open the balances so number already accounting cycle accounting cycle accounting cycle on the year on the year or accounting year finish balances balances when the closing balances for 2018 or balances closing balances in solo closing balances other way 2019 let 2019 learn the closing balances opening balances in solo so in the opening balances business with cash so that is all interlinked so other number ledger lesson le parifo ipo just with the goods and assets we are opening the business so uh if low assets which in our business open up so let us read uh the second uh transaction and analyze what it is uh one minute so yes second so this is how we need to understand whenever it comes to a credit transaction either in the second day or in the other other day in the transactions related information third date patting in our cash deposited into bank so it's a normal thing cash when the bank deposits the cash funding available so cash goes out so cash goes out in the retinal cash account uh cash account when the credit funnel so bank of cash bank account receivable to cash account so next parting anna um we have a situation fourth date when the goods when the b and co kitten the purchase paneer and debit card so yes nothing to bank account because debit card variant amount of portugal so yes so next parting in our fifth date so fourth data second data interlinked so how about in particular i think it is in 11th chapter 11th chapter so it is way more to go but rtgs is a real-time gross settlement and it is done it is an uh a bank transaction so fun transfer money uh so rtjs receives we need to take the transaction interlinked to that amount wonders now we have a two two situations here so in the transaction one that is related on another transaction so bank is the receiver so bank account data to bank account data to sales account but here what happens in america wonder we are getting the check check received and the seventh day today another sixth date bank account data to sales account because there is no intellect transactions and either we have another situation also in our sold goods to cncon check received and deposited in the same date updating our wordings there is debit card so the same thing happened fourth date party is it and go get in the purchases so bank transaction purchases account to bank account twelve thousand rupees on each being goods purchased through bank yes ninth date so last illustration uh stationary purchase panel known through net banking the same uh same transaction so stationery is account data to a bank account because bank is the giver stationery is the asset for the company so stationary account data to bank account so that is the uh six thousand rupees being stationary purchased through bank next the tenth one is bit a bit uh we need to understand a lot so because tenth one my income particip paper so let us assume that abdeen and chipanga so not like that we have to read it once again pressurization uh date party party now income tax [Music] personal use for the owner so either number drawing southern so drawings account data and it is paid by check drawings account attack to bank account 10 000 being being income tax of dairy paid by check so that is how we can do so let's move on to the transactions now so first question number patho cash account data so commenced business with cash stock cap building two dairy's capital number eight la carte porter no next one the credit purchase already and which is the rtgs we have seen that uh seventh sixth date and seventh date so sixth date buddy we have to show that as cash account because here a cheque has been received but not a paid and the checkered number deposit panel so sales made and check received other number cash up in our income tax account two bank accounts of dating rewards so read it carefully every time before doing it so yes i hope you all understood this let's move on to the illustration 11. so let me read the question now chandran is a sole trader dealing in sports items from the following transactions past journal entries for the month of january march 2018. so in your owner patina chandran he is dealing in sports items and march 2018 month we are going to uh put the journal entries so let me read the transactions fully march 1 commenced business with cash rupees 4 lakhs march 2 cash deposited into bank rupees 3 lakhs march 3 purchased goods from ravi and payment made through net banking rupees 90 000 fourth date sales made to kumar who deposited the money through cash deposit mission that the cdm rupees 10 000. fifth date sales made to vivek who made the payment by debit card rupees sixty thousand sixth date sold goods to kirtana who made the payment through credit card rupees fifty thousand seventh date dividend directly received by bank rupees 2000 eighth date money withdrawn from 8 am rupees 3 000 ninth date salaries paid through ecs electronic clearing system rupees 6 000 and tenth date cricket bats donated to a trust so let us analyze the transactions so we all know first transaction commenced business with kashmir cash account has been done so purchases account data to bank account ninety thousand rupees being purchases made through bank fourth date when they enable sales stadium cash deposit that is bank so this is also bank transaction so bank so bank account data to sales account because sales upon credit for no more purchase supplement we all know that sales account sixty thousand being sales made through bank and next one the sixth date lavender uh goods sale paneer who made payment through credit cards or debit card credit card net banking rtgs seventh date is a little bit different so dividend directly received by banker so when the dateline is good dividend like dividends investment in the interest received so for example if real and um deposit panel will be receiving interest so are they interesting the every shareholders receives monthly dividend that is called dividend and the dividend so dividend is a income for me up a dividend credit because nominal account income and bank is the receiver bank account to dividend account so yes eight we are getting the money back from the bank so bank account is the giver and cash is the receiver so cash account data to bank account uh next on the ninth date when the easiest electronic clearing system buddy electronic learning system party we have made the salaries so salaries are there yeah paper nico upper salaries is an expense for the company so salaries account data to bank account six thousand rupees tenth date patting that's a new one for you all cricket bats donated to trust or trust donate so donate and a sales promotion transactions number eight or nine transactions we have been selling not selling we are giving as a donation upper donation of course the donation is a expense for the company so donation account data to purchases account we will be crediting the purchases here because this is not the sales and number of stock number purchase uh purchase is a credit panic so let us see the transactions now so first one the being comments do business with cash so cash account data to chandran's capital account for lack uh next on the cashier and the bank deposit paneer congress so cash on the bank is the receiver uh receiver in granada goes out angrily credit fund rom so please do make mark all like this it will be easy for you next party now purchases so purchases always comes to the debit side because purchase is an expense and a bank account or cash account so yeah credit and the person name bank where you put in a bank account [Applause] we are debating it next cash account so cash withdrawn from atmosphere uh we are receiving the money debit what comes in grabadi uh comes in david comes in other knowledge we are debiting the cash next to salaries on the easiest way of paper congress the salaries is an expense for the company next bank on the uh payment panel so bank is the giver rather we are creating next one the donation so donation is an expense for the company but the donation when the number panem could clear donation now we are uh we are giving a donation as a goods so cricket banks when they trust when the purchase is a credit panel uh yeah they're allowing the sales we have seen the two uh two questions today i hope you all understood the questions which we have seen today that is illustration 10 and illustration 11 a more like equal spanish video next videos we have another one more question that is illustration 12 so in the illustration 12 participator uh we have a few things to discuss about other participatory uh let us go to that uh look back questions uh questions please discuss so surely please uh i'll be posting all the videos to you so yes computer science or videos for us it's a bit hard and tough for me to post those videos because you know the scope of subjects particular accountancy commerce and economics and still but i'm doing book back answers for everything computer science school english school indeed so economics of the book answers second lesson the candidate postponed economics videos uh when the uh i'm just i've stopped posting but i'll just post it uh whenever the time comes because uh everyone is asking more about accountancy so some some modula until then keep supporting public show blog bye