Cost center 60500 in controlling area 1000 is locked for
revenue postings on 31.03.2008.Now How can I Assign the
account to another cost center or allow cost center 60500
to again accept revenue postings.
30
What is MEan By Sundry?
39
Country-Western songs emphasize three basic themes: love,
prison and trucks. A survey or the local Country-Western
radio station produced the following data:
12 songs about a truck driver who is in love while in prison
2 about people in prison who are not in love and do not
drive trucks
8 about people who are out of prison, are not in love, and
do not drive a truck
13 about a prisoner in love
28 about a person in love
18 about a truck driver in love
16 about truck drivers who are not in prison
3 about a truck driver in prison who is not in love
Find the number of songs about:
a) How many songs were surveyed?
b) truck drivers?
c) prisoners?
d) truck drivers in prison?
e) people not in prison?
f) people not in love?
28
In Pricing the gallons of petrol sold,service station 'A'
follows the first-in-first-out method,while service
station'B'follows last-in-first-out method.On 1st January
both has the same quantity in stock viz.6,000 gallons at
Rs.26 per gallon.During the month,each station recieved
additional supplies of 6,000 gallons at Rs.27.50 per
gallon.Sales for each of these two stations,during the
month,were 8,800 gallons at Rs.29 per gallon.
Determine for each service station,profit earned during
the month and value of the petrol in stock at close of the
month.
34
ACCOUNTING CONCEPTS AND CONVENTIONS
39
what is capital market and money market?
what is primary market and secondary market?
please send me a HSBC basic accounting question & answers
to my mail id.
43
I have an S Corporation called Trend Foods Inc. I would
like to make a division of that company that services
computers and call that Trend Computer Service. I do not
want to set up another Corporation for Trend Computer
Service. Can I just make a division of Trend Foods and what
paperwork do I need to fill out to make that happen?
Thanks for the help,
Jim
10
What is the entry for Salary for the month of March if the
books closed on 31-03. Before 31st March and after 31st
March?
what is the difference between financial accouning and
financial management?
26
You are required to show the effect of each of the
following changes on profit and Break-Even-Volume from
the information given below:
Sales 50,000
units Rs. 5.00 per unit
Variable
cost Rs. 3.00 per
unit
Fixed
cost Rs. 70,000
Changes:
(i) Price changes by 20%.
(ii) Volume decreases to 40,000 units.
(iii) Variable cost increases to Rs 3.50 per
unit.
(iv) Fixed cost decreases by 10%.
From the following information you are to prepare a
Cash Budget for the period from July to December 2008.
(i) The estimated sales and expenses are
as follows:
June
July
Aug.
Sep.
Oct.
Nov.
Dec.
Sales
35,000
40,000
40,000
50,000
50,000
60,000
65,000
Purchases
14,000
16,000
17,000
20,000
20,000
25,000
28,000
Wages & Salaries
12,000
14,000
14,000
18,000
18,000
20,000
22,000
Expenses
5,000
6,000
6,000
6,000
7,000
7,000
7,000
Interest Received
2,000
-
-
2,000
-
-
2,000
Sale of Fixed Assets
-
-
20,000
-
-
-
-
(ii) Sales are 20% in cash and balance on
credit. 50% of the debtors are collected in the month of
sales and the remaining in the next month.
(iii) The time lag in payment of purchases
and expenses is 1 month. However, wages and salaries are
paid fortnightly with a time lag of 15 days.
(iv) The company maintains a minimum cash
balance of Rs. 5,000. The cash balance in excess of Rs.
7,000 is invested in government securities in multiples of
Rs. 1,000. Short falls in cash balance are made good by
borrowing from banks. The interest received as well as paid
is to be ignored.
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