Answer / karun reddy

capital is the amount of money needed to start the business.

so, if u want to start any business capital is compulsory

Answer / dr. r. b. sharma

Capital is the initial investment of Business. It can be
any form:
(a) owner contribution
(b) Loan form
(c) Obtained from Shares
(d) other form like stock, building etc. may be the part of
capital.

but it should be at the begning of Business.

why the accounts as personal real and nominal

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Plz Ask from me New Accounting Questions.

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define journal in one word

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2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.

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What is MIS report and Expalain with Explamples by using MIS format

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if we wrongly entered a payment as a receipt in cash book i.e 500000. then what is the difference in cash book and bank statement during the bank reconciliation.

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What is RETURN OF ROC

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Discount payble and reciveble entries what type of vochars entry pleas tell...............

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