{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-10T01:52:37-04:00", "answer_date": "2024-06-10 01:52:37", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2553422", "url": "\/study-help\/questions\/pqr-inc-has-the-following-transactions-during-the-year-date-2553422", "question_creation_date_js": "2024-06-10T01:52:37-04:00", "question_creation_date": "Jun 10, 2024 01:52 AM", "meta_title": "[Solved] PQR Inc. has the following transactions d | SolutionInn", "meta_description": "Answer of - PQR Inc. has the following transactions during the year: Date Particulars Amount () Jan 1 Equity Share Issued 5,00,000 | SolutionInn", "meta_keywords": "pqr,inc,transactions,year,date,particulars,amount,jan,1,equity,share,issued", "question_title_h1": "PQR Inc. has the following transactions during the year: Date Particulars Amount () Jan 1 Equity Share Issued 5,00,000 Feb 15 Machinery Purchased 2,50,000 Mar", "question_title": "PQR Inc. has the following transactions during the year: Date Particulars Amount", "question_title_for_js_snippet": "PQR Inc has the following transactions during the year Date Particulars Amount () Jan 1 Equity Share Issued 5,00,000 Feb 15 Machinery Purchased 2,50,000 Mar 10 Sales Revenue 12,00,000 Apr 25 Salaries Paid 3,00,000 May 30 Rent Received 1,00,000 PREPARE the journal entries for the above transactions POST the entries to the ledger accounts PREPARE the trial balance as of 31st May ANALYZE the impact of machinery purchase on cash flow DISCUSS the potential benefits of issuing equity shares for financing ", "question_description": "

PQR Inc. has the following transactions during the year:<\/p>

Date<\/strong><\/p><\/td>

Particulars<\/strong><\/p><\/td>

Amount (\u20b9)<\/strong><\/p><\/td><\/tr><\/thead>

Jan 1<\/p><\/td>

Equity Share Issued<\/p><\/td>

5,00,000<\/p><\/td><\/tr>

Feb 15<\/p><\/td>

Machinery Purchased<\/p><\/td>

2,50,000<\/p><\/td><\/tr>

Mar 10<\/p><\/td>

Sales Revenue<\/p><\/td>

12,00,000<\/p><\/td><\/tr>

Apr 25<\/p><\/td>

Salaries Paid<\/p><\/td>

3,00,000<\/p><\/td><\/tr>

May 30<\/p><\/td>

Rent Received<\/p><\/td>

1,00,000<\/p><\/td><\/tr><\/tbody><\/table>

  1. PREPARE the journal entries for the above transactions.<\/li>
  2. POST the entries to the ledger accounts.<\/li>
  3. PREPARE the trial balance as of 31st May.<\/li>
  4. ANALYZE the impact of machinery purchase on cash flow.<\/li>
  5. DISCUSS the potential benefits of issuing equity shares for financing.<\/li><\/ol>

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Kieso", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/48.jpg", "uri": "\/textbooks\/financial-accounting-tools-for-business-decision-making-6th-edition-48", "see_more_uri": "" }, "free_related_book": { "isbn": "1424075335", "uri": "\/textbooks\/essential-calculus-seton-hall-university-1st-edition-978-1424075331-142562", "name": "Essential Calculus Seton Hall University", "edition": "1st Edition" }, "question_posted": "2024-06-10 01:52:37", "see_more_questions_link": "\/study-help\/questions\/business-human-resource-management-2020-May-22", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/flat-plate-of-width-1-m-is-maintained-at-uniform-surface", "description": "A flat plate of width 1 m is maintained at a uniform surface temperature of Ts = 150C by using independently controlled, heat-generating rectangular modules of thickness a = 10 mm and length b = 50...", "stars": 3 }, { "url": "\/suppose-you-are-considering-a-project-to-develop-a-new", "description": "Suppose you are considering a project to develop a new software package. 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