Tell me by saying, perpetual or periodic inventory system; what do we mean?
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My gross salary is 12,000/-P.M & due to less working days gross salary becomes 8,000/-P.M will ESI come as my gross is less than 10,000/-P.M
consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000
Rent received in advance journal entry
Examples each for golden rules of accounting
31 Answers ABC, Accenture, BSNL, DELL, General Insurance Corporation, Genpact, IBM, Microsoft, Wipro,
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please send me banking question on my email ID as I have been selected for state bank of india .my email ID is sawant.supriya51@gmail.com
please advice example of any single journal entry which include all 3 accounts i.e personal, real & Nominal a/c.
DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in haryana. The company's sales in the year ending on 31st march 2007 were Rs.1000 million(Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of the company is 14 percent.The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30 million per annum. The plant can be sold for Rs.200 million: (a) The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annum installment of interest and repayment of principal. (b) A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: (1) Should the company expand its capacity? show the computation of NPV. (2) What is the annual installment of bank loan? (3) calculate the quarterly installment of the financial institution loan. (4) should the company borrow from the bank of from the financial institution?
How many type of Invoices?
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