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 Categories >> Accounting
  Audit (437)   CompanyAffairs CS (164)   Taxation (1973)   Accounting General (2985)   Accounting AllOther (4414)
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Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times    0  193
Q A project cost Rs.6,00,000. It yields annually a profit of Rs.80,000. After depreciation of 12.5% p.a.but before tax of 50%.Calculate payback priod.    0  149
You are given the following information in respect of a company: Fixed cost –Rs.13,000 Variable cost –Rs.14,000 Net profit –Rs.3,000 Net sales-Rs.30,000 Find out: a>BEP b>The profit for sales volume of Rs.50,000 c>The volume of sales to make a profit of Rs.10,000    0  143
Calculate the current assets from the following information A>credit sales Rs.2,00,000 B>G.P.ratio 20% c>stock turnover 5 times. D>Current liabilities Rs.60,000 E>Quick ratio 0.75 Stock at the end Rs.5000 was more than the stock in the beginning.    1  352
How to make balance sheet, please advise me in details... Thankx    1  368
I have raised a Invoice of Rs. 78964 including service tax rs. 964 in month of April and service tax paid to Govt for April month/ We have voide this invoice in May'12 due to services cancelled by the customer, pls let me know can we adjust this paid service tax amount in our May service tax payable....and how to pass voide bill entry.....    1  384
how to reconccile account payable & account receivable.please provide best solution with example    1  561
how to calculate tds on salary.if the 500 employee work in my how calculate tds for each employee.    1  438
why we transfer wages and salary in trading a/c,and why we transfer salary and wages in p/l a/c?    1  586
how to know which item is contingent liability? and why it is not taken in treatment in final a/c....    1  302
For the assessment year 2011-12, ie., FY 2010-11, is there cess on TDS for Professional fees ?    3  435
Accounting basic rules with example relevant to day to day business wipro   2  422
what is spin off? capital-iq   2  3601
what is Goodwill? What kind of Asset for the company? accenture   4  1969
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Un-Answered Questions
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discuss seperate determination concept 169
how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world. 205
Expand-------ATBN 148
About vat, service tax, tds, cenvat 462
what is market capitalisation? 171
Plz send me the questions that could be asked in an interview for a Bank Clerical job to Thank you. 186
Please answer me for the followings 1. i taken an office on January @ rent 28000.00 for one year and i paid 14000.00 as first payment balance will be paid on august. in tally how we post this and under which account especially balance 14000.0 under which account. 2.i have taken a loan from mr. A the amount is 100000.00 on January and the interest i need to pay on march 21000.00 the interest which iam going to pay is liability not a expense and it will be a expense in future, how we can post this also in tally and under which account. please somebody guide me who knows regards niyas es 59
What else ? This is the question asked to me every where every time while facing interview. I want to know is this a real question for accounting? If yes haw or if no How? I am really confuse. 151
Hello friends, I want to sk that Is computer proficiency certificate necessary at the time of SBI clerk Interview?and all other guys who have cleared the nov 2009 exam and have got the bio data form please give replies,,, waiting for replies ,thank you. 212
What are motive behind mergers And acquisitions? 229
correction of sundry creotors 150
What are Mortgage Payment Problems? 123
Dear Sir, Tomorrow i am going for interview at TCS-Mumbai.Please let me know what kind of question are going to be asked. 214
Define the term "Manufacturer"as introduced in finance act2010. 151
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