which accounting system you are familiar with?
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Answer / narshi
normally in accounts Double entry system is familiar every body
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / manoj
Mercantile Accounting Aystem or Acrrual Accounting System
and Cash Based Accounting System
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / poojaally
double entry system obviously.. normally it runs in fields of accounting in India
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Answer / manoj
Mercantile Accounting System or Acrrual Accounting System
and Cash Based Accounting System
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / sreed
double entry systems and merchantile accounting systems
cash based accounting systems are familier
| Is This Answer Correct ? | 0 Yes | 1 No |
break even point
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Mr.Jadhike owns a fleet of taxis adn the following information are available from the records maintained b him: 1.Number of taxis 10 2.salary of manager 600pm 3.cost of each taxi 20000 4.salary of cleaner 500pm 5.salary of mechanic 400 pm 6.garage rent 600pm 7.insurance premium 5%pa 8.annual tax 600 per taxi 9.driver salary 200 pm per taxi annual repair 1000 per taxi total life of a taxi is about 200000 kms. a taxi runs in all 3000kms in a month of which 30% it runs empty. Petrol consumption in one litre for 10kms@1.80 per litre. Oil and other are rs 5 per 100 kms calculate the cost of running a taxi per km 5
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The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
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