Tell me the meaning of long-term notes payable is or long term liabilities?

0 Answers  

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ACCOUNTING CONCEPTS AND CONVENTIONS

4 Answers   Bank Of America,

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Name three (3) equity security types

6 Answers   FactSet Systems, ICICI, Shore Infotech,

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hai everone,can anyone send me the accounting ,finance,general interview questions for mba freshers plz.....urjent

0 Answers  

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1. During the current period, ABC Ltd sold 60,000 units of product at Rs. 30 per unit. At the beginning for the period, there were 10,000 units in inventory and ABC Ltd manufactured 50,000 units during the period. The manufacturing costs and selling and administrative expenses were as follows: Total cost Number of units Unit cost Rs. Rs. Beginning inventory: Direct materials 67,000 10,000 6.70 Direct labour 1,55,000 10,000 15.50 Variable factory overhead 18,000 10,000 1.80 Fixed factory overhead 20,000 10,000 2.00 Total 2,60,000 26.00 Current period costs: Direct materials 3,50,000 50,000 7.00 Direct labour 8,10,000 50,000 16.20 Variable factory overhead 90,000 50,000 1.80 Fixed factory overhead 1,00,000 50,000 2.00 Total 13,50,000 27.00 Selling and administrative expenses: Variable 65,000 Fixed 45,000 Total 1,10,000 Instructions: 1. Prepare an income statement based on the variable costing concept. 2. Prepare an income statement based on the absorption costing concept. 3. Give the reason for the difference in the amount of income from operations in 1 and 2.

3 Answers  

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What is Amalgamation?

4 Answers  

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WHAT IS JOINT PRODUCT AND BY PRODUCT

1 Answers   FCI,

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What is the difference in accounting and marketing and what is so different about them?

0 Answers  

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What is a trial balance in accounting?

0 Answers  

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what is depreciation?

5 Answers  

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i had completed my continious service in ltd co for 4.6years,whether i am eligible for gratuity

1 Answers  

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How to conduct u r interviews?

1 Answers   Capital IQ,

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