1)minimum paid up capital-Rs.100000(private co)and minimum
paid up capital rs.500000 for public co.
2)minimum Numner of member in private co. is 2 and public
3)Maximum no. of member in private co. is 50. but in public
co. no restriction.
Kindly solve the following problem.
1. Bheema does not maintain his book in the double entry
system . His books showed following facts.
Receipts for the year ended 31.12.2007
from sundry Debtors
paid by bheema (proprietor)
payments made for the year ended 31.02.2007
new machinery purchased
Assets and Liabilities
As on 31.12.2006
As at 31.12.2007
from the Above data , prepare TRADING A/C, PROFFIT & LOSS
A/C for the year ended
31st december 2007 and the BALANCE SHEET as on on that date.
Kindly solve the problem
11. EOQ is the order quantity that========== over our
a) Minimizes total ordering costs
b) Minimizes total carrying costs
c) Minimizes total inventory costs
d) The required safety stock
4) What is Journal Entry of 1) Credit Sales.
2) Credit sales
3) Credit sales
5) Credit Purchase.
standing wages paid.
7) Bank over draft
8) bank charges
9) Dishonor check