Animals in the Verge of Extinction

Clouded leopard has clouded body with spots in various parts. This note provide us an information on rare animals.

Summary

Clouded leopard has clouded body with spots in various parts. This note provide us an information on rare animals.

Things to Remember

  • The clouded leopard has clouded body with spots in various parts. It looks very attractive.
  • Red Panda is found at the height of 3,500 meters in the forest of bamboo, cane and oaks.
  • One-horned rhinocerous  is hunted because of the special importance of its horn, foot nail and skin.
  • Bengal tiger is found in the forest of Terai region.
  • Asiatic elephant is found in Jhapa, Parsa Wildlife Reserve, Chitwan National Park, Bardiya National Park and Suklapahanta Wildlife Reserve.
  • Due to the destruction of forest in the Terai, the number of the hornbill is decreasing.
  • The Asiatic Rock Python is a large snake, generally found in the dense forest.

MCQs

No MCQs found.

Subjective Questions

Q1:

The following transactions are given:

  1. Commenced business with cash Rs.50,000
  2. Goods purchased for cash Rs.20,000
  3. Goods purchased on credit Rs.30,000
  4. Goods sold for cash Rs.12,000
  5. Sold goods on credit Rs.20,000

Required: Accounting Equation


Type: Short Difficulty: Easy

Show/Hide Answer
Answer: <p>Solution:</p> <p align="center">Accounting Equation</p> <div class="accounts"> <table><tbody><tr class="bordered"><td width="36"> <p>S.N.</p> </td> <td width="228"> <p>Transactions</p> </td> <td width="97"> <p>Assets</p> </td> <td width="21"> <p>=</p> </td> <td width="86"> <p>Capital</p> </td> <td width="21"> <p>+</p> </td> <td width="109"> <p>Liabilities</p> </td> </tr><tr><td width="36"> <p>a)</p> </td> <td class="bordered" width="228"> <p>Commenced business with goods</p> </td> <td class="bordered" width="97"> <p>+ 50,000</p> </td> <td class="bordered" width="21"></td> <td class="bordered" width="86"> <p>+ 50,000</p> </td> <td class="bordered" width="21"></td> <td class="bordered" width="109"> <p>0</p> </td> </tr><tr><td width="36"></td> <td class="bordered" width="228"> <p>Beginning Equation</p> </td> <td class="bordered" width="97"> <p>50,000</p> </td> <td class="bordered" width="21"> <p>=</p> </td> <td class="bordered" width="86"> <p>50,000</p> </td> <td class="bordered" width="21"> <p>+</p> </td> <td class="bordered" width="109"> <p>0</p> </td> </tr><tr><td width="36"> <p>b)</p> </td> <td width="228"> <p>Goods purchased on cash</p> </td> <td width="97"> <p>+ 20,000</p> </td> <td width="21"></td> <td width="86"> <p>0</p> </td> <td width="21"></td> <td width="109"> <p>0</p> </td> </tr><tr><td width="36"></td> <td class="bordered" width="228"></td> <td class="bordered" width="97"> <p>- 20,000</p> </td> <td class="bordered" width="21"></td> <td class="bordered" width="86"></td> <td class="bordered" width="21"></td> <td class="bordered" width="109"></td> </tr><tr><td width="36"></td> <td class="bordered" width="228"> <p>New Equation</p> </td> <td class="bordered" width="97"> <p>50,000</p> </td> <td class="bordered" width="21"> <p>=</p> </td> <td class="bordered" width="86"> <p>50,000</p> </td> <td class="bordered" width="21"> <p>+</p> </td> <td class="bordered" width="109"> <p>0</p> </td> </tr><tr><td width="36"> <p>c)</p> </td> <td class="bordered" width="228"> <p>Goods purchased on credit</p> </td> <td class="bordered" width="97"> <p>+ 30,000</p> </td> <td class="bordered" width="21"></td> <td class="bordered" width="86"> <p>0</p> </td> <td class="bordered" width="21"></td> <td class="bordered" width="109"> <p>+ 30,000 (Cr.)</p> </td> </tr><tr><td width="36"></td> <td class="bordered" width="228"> <p>New Equation</p> </td> <td class="bordered" width="97"> <p>80,000</p> </td> <td class="bordered" width="21"> <p>=</p> </td> <td class="bordered" width="86"> <p>50,000</p> </td> <td class="bordered" width="21"></td> <td class="bordered" width="109"> <p>30,000</p> </td> </tr><tr><td width="36"> <p>d)</p> </td> <td width="228"> <p>Goods sold on cash</p> </td> <td width="97"> <p>- 12,000</p> </td> <td width="21"></td> <td width="86"> <p>0</p> </td> <td width="21"></td> <td width="109"> <p>0</p> </td> </tr><tr><td width="36"></td> <td class="bordered" width="228"></td> <td class="bordered" width="97"> <p>+ 12,000</p> </td> <td class="bordered" width="21"></td> <td class="bordered" width="86"></td> <td class="bordered" width="21"></td> <td class="bordered" width="109"></td> </tr><tr><td width="36"></td> <td class="bordered" width="228"> <p>New Equation</p> </td> <td class="bordered" width="97"> <p>80,000</p> </td> <td class="bordered" width="21"> <p>=</p> </td> <td class="bordered" width="86"> <p>50,000</p> </td> <td class="bordered" width="21"></td> <td class="bordered" width="109"> <p>30,000</p> </td> </tr><tr><td width="36"> <p>e)</p> </td> <td width="228"> <p>Goods sold on credit</p> </td> <td width="97"> <p>-20,000</p> </td> <td width="21"></td> <td width="86"> <p>0</p> </td> <td width="21"></td> <td width="109"> <p>0</p> </td> </tr><tr class="bordered"><td width="36"></td> <td width="228"></td> <td width="97"> <p>+ 20,000</p> </td> <td width="21"></td> <td width="86"></td> <td width="21"></td> <td width="109"></td> </tr><tr><td width="36"></td> <td width="228"> <p>Final Equation</p> </td> <td width="97"> <p>80,000</p> </td> <td width="21"> <p>=</p> </td> <td width="86"> <p>50,000</p> </td> <td width="21"> <p>+</p> </td> <td width="109"> <p>30,000</p> </td> </tr></tbody></table></div>

Q2:

The following transactions are given:

  1. Started business with bank balance Rs.75,000
  2. Goods purchased and paid by cheque Rs.25,000
  3. Goods costing Rs.18,000 sold on cash Rs.20,000
  4. Salary paid Rs.5,000
  5. Commission received Rs.8,000

Required: Accounting Equation


Type: Short Difficulty: Easy

Show/Hide Answer
Answer: <p>Solution:</p> <p align="center">Accounting Equation</p> <div class="accounts"> <table><tbody><tr class="bordered"><td width="43"> <p>S.N.</p> </td> <td width="207"> <p>Transactions</p> </td> <td width="93"> <p>Assets</p> </td> <td width="25"> <p>=</p> </td> <td width="116"> <p>Capital</p> </td> <td width="21"> <p>+</p> </td> <td width="93"> <p>Liabilities</p> </td> </tr><tr><td width="43"> <p>a)</p> </td> <td class="bordered" width="207"> <p>Started business with bank balance</p> </td> <td class="bordered" width="93"> <p>+ 75,000</p> </td> <td class="bordered" width="25"></td> <td class="bordered" width="116"> <p>+ 75,000</p> </td> <td class="bordered" width="21"></td> <td class="bordered" width="93"> <p>0</p> </td> </tr><tr><td width="43"></td> <td class="bordered" width="207"> <p>Beginning Equation</p> </td> <td class="bordered" width="93"> <p>75,000</p> </td> <td class="bordered" width="25"> <p>=</p> </td> <td class="bordered" width="116"> <p>75,000</p> </td> <td class="bordered" width="21"> <p>+</p> </td> <td class="bordered" width="93"> <p>0</p> </td> </tr><tr><td width="43"> <p>b)</p> </td> <td width="207"> <p>Goods purchased through cheque</p> </td> <td width="93"> <p>+25,000</p> </td> <td width="25"></td> <td width="116"> <p>0</p> </td> <td width="21"></td> <td width="93"> <p>0</p> </td> </tr><tr><td width="43"></td> <td class="bordered" width="207"></td> <td class="bordered" width="93"> <p>-25,000</p> </td> <td class="bordered" width="25"></td> <td class="bordered" width="116"></td> <td class="bordered" width="21"></td> <td class="bordered" width="93"></td> </tr><tr><td width="43"></td> <td class="bordered" width="207"> <p>New Equation</p> </td> <td class="bordered" width="93"> <p>75,000</p> </td> <td class="bordered" width="25"> <p>=</p> </td> <td class="bordered" width="116"> <p>75,000</p> </td> <td class="bordered" width="21"> <p>+</p> </td> <td class="bordered" width="93"> <p>0</p> </td> </tr><tr><td width="43"> <p>c)</p> </td> <td width="207"> <p>Goods sold on profit</p> </td> <td width="93"> <p>-18,000</p> </td> <td width="25"></td> <td width="116"> <p>+ 2,000 (profit)</p> </td> <td width="21"></td> <td width="93"> <p>0</p> </td> </tr><tr><td width="43"></td> <td class="bordered" width="207"></td> <td class="bordered" width="93"> <p>+ 20,000</p> </td> <td class="bordered" width="25"></td> <td class="bordered" width="116"></td> <td class="bordered" width="21"></td> <td class="bordered" width="93"></td> </tr><tr><td width="43"></td> <td class="bordered" width="207"> <p>New Equation</p> </td> <td class="bordered" width="93"> <p>77,000</p> </td> <td class="bordered" width="25"> <p>=</p> </td> <td class="bordered" width="116"> <p>77,000</p> </td> <td class="bordered" width="21"> <p>+</p> </td> <td class="bordered" width="93"> <p>0</p> </td> </tr><tr><td width="43"> <p>d)</p> </td> <td class="bordered" width="207"> <p>Salary paid</p> </td> <td class="bordered" width="93"> <p>-5,000</p> </td> <td class="bordered" width="25"></td> <td class="bordered" width="116"> <p>-5,000</p> </td> <td class="bordered" width="21"></td> <td class="bordered" width="93"> <p>0</p> </td> </tr><tr><td width="43"></td> <td class="bordered" width="207"> <p>New Equation</p> </td> <td class="bordered" width="93"> <p>72,000</p> </td> <td class="bordered" width="25"> <p>=</p> </td> <td class="bordered" width="116"> <p>72,000</p> </td> <td class="bordered" width="21"> <p>+</p> </td> <td class="bordered" width="93"> <p>0</p> </td> </tr><tr class="bordered"><td width="43"> <p>e)</p> </td> <td width="207"> <p>Commission received</p> </td> <td width="93"> <p>+8,000</p> </td> <td width="25"></td> <td width="116"> <p>+8,000</p> </td> <td width="21"></td> <td width="93"> <p>0</p> </td> </tr><tr><td width="43"></td> <td width="207"> <p>Final Equation</p> </td> <td width="93"> <p>80,000</p> </td> <td width="25"> <p>=</p> </td> <td width="116"> <p>80,000</p> </td> <td width="21"> <p>+</p> </td> <td width="93"> <p>0</p> </td> </tr></tbody></table></div>

Q3:

The following transactions are given:

  1. Cash introduced as capital Rs.28,000
  2. Furniture purchased on cash Rs.7,000
  3. Goods bought from Roshan Rs.8,400
  4. Goods sold to Sabita (cost price Rs.5,600) on credit Rs. 7,000
  5. Paid wages Rs.2,000

Required: Accounting Equation


Type: Short Difficulty: Easy

Show/Hide Answer
Answer: <p>Solution:</p> <p align="center">Accounting Equation</p> <div class="accounts"> <table><tbody><tr class="bordered"><td width="54"> <p>S.N.</p> </td> <td width="308"> <p>Transactions</p> </td> <td width="128"> <p>Assets</p> </td> <td width="30"> <p>=</p> </td> <td width="135"> <p>Capital</p> </td> <td width="30"> <p>+</p> </td> <td width="90"> <p>Liabilities</p> </td> </tr><tr><td width="54"> <p>a)</p> </td> <td class="bordered" width="308"> <p>Cash introduced as capital</p> </td> <td class="bordered" width="128"> <p>+ 28,000</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="135"> <p>+ 28,000</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="90"> <p>0</p> </td> </tr><tr><td width="54"></td> <td class="bordered" width="308"> <p>Beginning Equation</p> </td> <td class="bordered" width="128"> <p>28,000</p> </td> <td class="bordered" width="30"> <p>=</p> </td> <td class="bordered" width="135"> <p>28,000</p> </td> <td class="bordered" width="30"> <p>+</p> </td> <td class="bordered" width="90"> <p>0</p> </td> </tr><tr><td width="54"> <p>b)</p> </td> <td width="308"> <p>Purchased furniture</p> </td> <td width="128"> <p>+ 7,000</p> </td> <td width="30"></td> <td width="135"> <p>0</p> </td> <td width="30"></td> <td width="90"> <p>0</p> </td> </tr><tr><td width="54"></td> <td class="bordered" width="308"></td> <td class="bordered" width="128"> <p>-7,000</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="135"></td> <td class="bordered" width="30"></td> <td class="bordered" width="90"></td> </tr><tr><td width="54"></td> <td class="bordered" width="308"> <p>New Equation</p> </td> <td class="bordered" width="128"> <p>28,000</p> </td> <td class="bordered" width="30"> <p>=</p> </td> <td class="bordered" width="135"> <p>28,000</p> </td> <td class="bordered" width="30"> <p>+</p> </td> <td class="bordered" width="90"> <p>0</p> </td> </tr><tr><td width="54"> <p>c)</p> </td> <td class="bordered" width="308"> <p>Goods purchased from Roshan</p> </td> <td class="bordered" width="128"> <p>+ 8,400</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="135"> <p>0</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="90"> <p>+ 8,400</p> </td> </tr><tr><td width="54"></td> <td class="bordered" width="308"> <p>New Equation</p> </td> <td class="bordered" width="128"> <p>36,400</p> </td> <td class="bordered" width="30"> <p>=</p> </td> <td class="bordered" width="135"> <p>28,000</p> </td> <td class="bordered" width="30"> <p>+</p> </td> <td class="bordered" width="90"> <p>8,400</p> </td> </tr><tr><td width="54"> <p>d)</p> </td> <td width="308"> <p>Goods sold to Sabita on credit</p> </td> <td width="128"> <p>-5,600</p> </td> <td width="30"></td> <td width="135"> <p>+1,400</p> </td> <td width="30"></td> <td width="90"> <p>0</p> </td> </tr><tr><td width="54"></td> <td class="bordered" width="308"></td> <td class="bordered" width="128"> <p>+ 7,000</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="135"></td> <td class="bordered" width="30"></td> <td class="bordered" width="90"></td> </tr><tr><td width="54"></td> <td class="bordered" width="308"> <p>New Equation</p> </td> <td class="bordered" width="128"> <p>37,800</p> </td> <td class="bordered" width="30"> <p>=</p> </td> <td class="bordered" width="135"> <p>29,400</p> </td> <td class="bordered" width="30"> <p>+</p> </td> <td class="bordered" width="90"> <p>8,400</p> </td> </tr><tr><td width="54"> <p>e)</p> </td> <td class="bordered" width="308"> <p>Paid wages</p> </td> <td class="bordered" width="128"> <p>-2,000</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="135"> <p>-2,000</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="90"> <p>0</p> </td> </tr><tr><td width="54"></td> <td width="308"> <p>Final Equation</p> </td> <td width="128"> <p>+ 28,000</p> </td> <td width="30"> <p>=</p> </td> <td width="135"> <p>27,400</p> </td> <td width="30"> <p>+</p> </td> <td width="90"> <p>8,400</p> </td> </tr></tbody></table></div>

Q4:

The following data are provided:

  1. Commencement of business with cash Rs.40,000 and goods Rs.10,000
  2. Loan taken from Surya Rs.12,000
  3. Goods lost by fire Rs.4,000 and compensation received from insurance company Rs.3,000
  4. Repayment of loan to Surya Rs.12,500 including interest on loan Rs.500
  5. Commission received Rs.4,000 and still receivable Rs.6,000

Required: Accounting Equation


Type: Short Difficulty: Easy

Show/Hide Answer
Answer: <p>Solution:</p> <p align="center">Accounting Equation</p> <div class="accounts"> <table><tbody><tr class="bordered"><td width="54"> <p>S.N.</p> </td> <td width="308"> <p>Transactions</p> </td> <td width="128"> <p>Assets</p> </td> <td width="30"> <p>=</p> </td> <td width="135"> <p>Capital</p> </td> <td width="30"> <p>+</p> </td> <td width="114"> <p>Liabilities</p> </td> </tr><tr><td width="54"> <p>a)</p> </td> <td width="308"> <p>Commencement of business with cash and machinery</p> </td> <td width="128"> <p>+4,000</p> </td> <td width="30"></td> <td width="135"> <p>50,000</p> </td> <td width="30"></td> <td width="114"> <p>0</p> </td> </tr><tr><td width="54"></td> <td class="bordered" width="308"></td> <td class="bordered" width="128"> <p>+10,000</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="135"></td> <td class="bordered" width="30"></td> <td class="bordered" width="114"></td> </tr><tr><td width="54"></td> <td class="bordered" width="308"> <p>Beginning equation</p> </td> <td class="bordered" width="128"> <p>50,000</p> </td> <td class="bordered" width="30"> <p>=</p> </td> <td class="bordered" width="135"> <p>50,000</p> </td> <td class="bordered" width="30"> <p>+</p> </td> <td class="bordered" width="114"> <p>0</p> </td> </tr><tr><td width="54"> <p>b)</p> </td> <td class="bordered" width="308"> <p>Loan taken from Surya</p> </td> <td class="bordered" width="128"> <p>+12,000</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="135"> <p>0</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="114"> <p>+ 12,000</p> </td> </tr><tr><td width="54"></td> <td class="bordered" width="308"> <p>New Equation</p> </td> <td class="bordered" width="128"> <p>62,000</p> </td> <td class="bordered" width="30"> <p>=</p> </td> <td class="bordered" width="135"> <p>50,000</p> </td> <td class="bordered" width="30"> <p>+</p> </td> <td class="bordered" width="114"> <p>12,000</p> </td> </tr><tr><td width="54"> <p>c)</p> </td> <td width="308"> <p>Goods lost by fire and compensation received from insurance company</p> </td> <td width="128"> <p>-4,000</p> </td> <td width="30"></td> <td width="135"> <p>-1,000 (loss)</p> </td> <td width="30"></td> <td width="114"> <p>0</p> </td> </tr><tr><td width="54"></td> <td class="bordered" width="308"></td> <td class="bordered" width="128"> <p>+3,000</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="135"></td> <td class="bordered" width="30"></td> <td class="bordered" width="114"></td> </tr><tr><td width="54"></td> <td class="bordered" width="308"> <p>New Equation</p> </td> <td class="bordered" width="128"> <p>61,000</p> </td> <td class="bordered" width="30"> <p>=</p> </td> <td class="bordered" width="135"> <p>49,000</p> </td> <td class="bordered" width="30"> <p>+</p> </td> <td class="bordered" width="114"> <p>12,000</p> </td> </tr><tr><td width="54"> <p>d)</p> </td> <td class="bordered" width="308"> <p>Repayment of loan to Surya including interest on loan</p> </td> <td class="bordered" width="128"> <p>-12,500</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="135"> <p>-500</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="114"> <p>-12,000</p> </td> </tr><tr><td width="54"></td> <td class="bordered" width="308"> <p>New Equation</p> </td> <td class="bordered" width="128"> <p>48,500</p> </td> <td class="bordered" width="30"> <p>=</p> </td> <td class="bordered" width="135"> <p>48,500</p> </td> <td class="bordered" width="30"> <p>+</p> </td> <td class="bordered" width="114"> <p>0</p> </td> </tr><tr><td width="54"> <p>e)</p> </td> <td width="308"> <p>Commission received and still received</p> </td> <td width="128"> <p>+4,000</p> </td> <td width="30"></td> <td width="135"> <p>+10,000</p> </td> <td width="30"></td> <td width="114"> <p>0</p> </td> </tr><tr class="bordered"><td width="54"></td> <td width="308"></td> <td class="bordered" width="128"> <p>+6,000</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="135"></td> <td class="bordered" width="30"></td> <td class="bordered" width="114"></td> </tr><tr><td width="54"></td> <td width="308"> <p>Final Equation</p> </td> <td width="128"> <p>58,500</p> </td> <td width="30"> <p>=</p> </td> <td width="135"> <p>58,500</p> </td> <td width="30"> <p>+</p> </td> <td width="114"> <p>0</p> </td> </tr></tbody></table></div>

Q5:

The following transactions are provided:

  1. Started business with cash Rs.40,000
  2. Goods purchased (60% on cash and rest 40% on credit) Rs.10,000
  3. Salary paid Rs.10,000 and still due Rs.2,000
  4. Commission received Rs.3,000 including advance for next month Rs.1,000
  5. Paid rent Rs.4,000 including Rs.1,000 advance for next month

Required: Accounting Equation


Type: Short Difficulty: Easy

Show/Hide Answer
Answer: <p>Solution:</p> <p align="center">Accounting Equation</p> <div class="accounts"> <table><tbody><tr class="bordered"><td width="54"> <p>S.N.</p> </td> <td width="308"> <p>Transactions</p> </td> <td width="128"> <p>Assets</p> </td> <td width="30"> <p>=</p> </td> <td width="90"> <p>Capital</p> </td> <td width="45"> <p>+</p> </td> <td width="144"> <p>Liabilities</p> </td> </tr><tr><td width="54"> <p>a)</p> </td> <td class="bordered" width="308"> <p>Started business with cash</p> </td> <td class="bordered" width="128"> <p>+ 40,000</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="90"> <p>+40,000</p> </td> <td class="bordered" width="45"></td> <td class="bordered" width="144"> <p>0</p> </td> </tr><tr><td width="54"></td> <td class="bordered" width="308"> <p>Beginning Equation</p> </td> <td class="bordered" width="128"> <p>40,000</p> </td> <td class="bordered" width="30"> <p>=</p> </td> <td class="bordered" width="90"> <p>40,000</p> </td> <td class="bordered" width="45"> <p>+</p> </td> <td class="bordered" width="144"> <p>0</p> </td> </tr><tr><td width="54"> <p>b)</p> </td> <td width="308"> <p>Goods purchased</p> </td> <td width="128"> <p>+10,000</p> </td> <td width="30"></td> <td width="90"> <p>0</p> </td> <td width="45"></td> <td width="144"> <p>+4,000 (Cr.)</p> </td> </tr><tr><td width="54"></td> <td class="bordered" width="308"></td> <td class="bordered" width="128"> <p>-6,000</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="90"></td> <td class="bordered" width="45"></td> <td class="bordered" width="144"></td> </tr><tr><td width="54"></td> <td class="bordered" width="308"> <p>New Equation</p> </td> <td class="bordered" width="128"> <p>44,000</p> </td> <td class="bordered" width="30"> <p>=</p> </td> <td class="bordered" width="90"> <p>40,000</p> </td> <td class="bordered" width="45"> <p>+</p> </td> <td class="bordered" width="144"> <p>4,000</p> </td> </tr><tr><td width="54"> <p>c)</p> </td> <td class="bordered" width="308"> <p>Salary paid with due amount</p> </td> <td class="bordered" width="128"> <p>-10,000</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="90"> <p>-12,000</p> </td> <td class="bordered" width="45"></td> <td class="bordered" width="144"> <p>+2,000</p> </td> </tr><tr><td width="54"></td> <td class="bordered" width="308"> <p>New Equation</p> </td> <td class="bordered" width="128"> <p>34,000</p> </td> <td class="bordered" width="30"> <p>=</p> </td> <td class="bordered" width="90"> <p>28,000</p> </td> <td class="bordered" width="45"> <p>+</p> </td> <td class="bordered" width="144"> <p>6,000</p> </td> </tr><tr><td width="54"> <p>d)</p> </td> <td class="bordered" width="308"> <p>Commission received including advance</p> </td> <td class="bordered" width="128"> <p>+3,000</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="90"> <p>+2,000</p> </td> <td class="bordered" width="45"></td> <td class="bordered" width="144"> <p>+10,000 (Cr.)</p> </td> </tr><tr><td width="54"></td> <td class="bordered" width="308"> <p>New Equation</p> </td> <td class="bordered" width="128"> <p>37,000</p> </td> <td class="bordered" width="30"> <p>=</p> </td> <td class="bordered" width="90"> <p>30,000</p> </td> <td class="bordered" width="45"> <p>+</p> </td> <td class="bordered" width="144"> <p>7,000</p> </td> </tr><tr><td width="54"> <p>e)</p> </td> <td class="bordered" width="308"> <p>Paid rent including advance for next month</p> </td> <td class="bordered" width="128"> <p>+1,000</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="90"> <p>-3,000</p> </td> <td class="bordered" width="45"></td> <td class="bordered" width="144"> <p>0</p> </td> </tr><tr class="bordered"><td width="54"></td> <td class="bordered" width="308"></td> <td class="bordered" width="128"> <p>-4,000</p> </td> <td class="bordered" width="30"></td> <td class="bordered" width="90"></td> <td class="bordered" width="45"></td> <td class="bordered" width="144"></td> </tr><tr><td width="54"></td> <td width="308"> <p>Final Equation</p> </td> <td width="128"> <p>34,000</p> </td> <td width="30"> <p>=</p> </td> <td width="90"> <p>27,000</p> </td> <td width="45"> <p>+</p> </td> <td width="144"> <p>7,000</p> </td> </tr></tbody></table></div>

Q6:

What is an accounting equation?


Type: Very_short Difficulty: Easy

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Answer: <p>In accounting, every business transactions involve double effects of equal value. The accounting equation shows the relationship between the economic resources belonging to the business and the claims against these resources.</p>

Q7:

What is transaction analysis?


Type: Very_short Difficulty: Easy

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Answer: <p>The process of determining the effect of each transaction in each component of accounting equation i.e. on assets, liabilities and owner&rsquo;s equity is known as the transaction analysis. This process shows the increase or decrease of each component by the effect of each financial transaction.</p>

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Accounting Equation
Accounting Equation
Accounting Equation
Animals in the Verge of Extinction

Animals in the Verge of Extinction

Various birds and animals, which are considered as rare, are found in various parts of Nepal.

The following are the rare animals and birds of Nepal: -

1. Clouded leopard (Dhuwase Chituwa)

Scientific name: Neofelis Nebulosa

It is found in the dense forest of mid-hill. It has clouded body with spots in various parts. It looks very attractive. It has simple nature and it is harmless. It has been listed as endangered animal. Its number is getting reduced day by day due to the destruction of their shelter. It is killed for the sale of its teeth and skin. It is found in the Langtang National Park, Makalu Barun National Park, and Annapurna Conservation Area.

2. Red panda (Habre)

Scientific Name: Ailurus Fulgens

It is found at the height of 3,500 meters in the forest of bamboo, cane, and oaks. It is little bigger than the cat of moderate size. It lives in cool temperate climate it survives by eating grass, fruit and pulp of bamboo and cane. It is hunted for its beautiful skin with soft and fine hair. Its number is reducing day by day. It has reached vanishing stage. It is found in Langtang National Park, Sagarmatha National Park, and Makalu-Barun National Park.

3. One-horned rhinoceros (Eksinge Hatti)

Scientific Name: Diceros Bicornis

It is found in Shiwalik and the Terai region of Nepal. Chitwan National Park and Bardiya National Park are the main shelters of it. It likes the place of wet grassland and sal forest. The green grass and different kinds of fruits are its food. It is hunted because of the special importance of its horn, foot nail, and skin. Its lifespan is about 40-50 years.

4. Bengal tiger (Pate Bagh)

Scientific Name: Panthera Tigris

Bengal tiger is found in the forest of Terai region. It is also protected the animal in Nepal. This tiger is found in Chitwan National Park, Parsa Wildlife Reserve, Bardiya National Park and Suklapahanta Wildlife Reserve. This tiger refers the dense forest, meadow, and wetland. It is in endangered stage due to its illegal smuggling. Its lifespan is about 15 years.

5. Asiatic Elephant (Hatti)

Scientific Name: Elephas Maximus

The elephant is found in the forest of Terai region. Chure hill to the lower plain forest area is the chief shelter of the elephant. It is found in Jhapa, Parsa Wildlife Reserve, Chitwan National Park, Bardiya National Park and Suklapahanta Wildlife Reserve. The elephant is a rare protected animal of Nepal. It is the largest land mammal. Its height is about 3.5 meters. The teeth of the male elephant are bigger than that of the female. Its tusk is long which is called Hastihad. The Hastihad is a very costly commodity. It is hunted for its tusk which is one of the reasons for its reducing number.

6. Giant Hornbill (Dhanesh)

Scientific Name: Buceros Bicornis

There are two types of hornbills: big and small. Giant hornbills are found in the forest of the Terai region. it is hunted for meat and medicine. The bone and fat of this bird are used to prepare the medicine. Due to the destruction of forest in the Terai, the number of the hornbill is decreasing. Therefore, it has been declared as a protected bird.

7. Asiatic Rock Python (Azinger)

Scientific Name: Dorling Kindersley

The Asiatic Rock Python is a large snake, generally found in the dense forest. It hides in a log of woods and dry leaves. It is one of the rare and protected creatures. It has a wide head and small eyes with yellow eyeballs. The body is which, black and spotted. It is about 7 meters long and weighs nearly 90 kg. it is the largest of all snakes in the world but not poisonous. Expensive belts, bags, and other articles are made from its skin. This is the reason why it is hunted.

Lesson

Environment and its Balance

Subject

Science

Grade

Grade 8

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