Calculation of closing Stock give example?
- 25 Answers
- 223465 Views
- ABC, Accounting, Crossdomain, EDS, FAIM, Set Trade, I also Faced
- E-Mail Answers
Answer Posted / ronnie chowdhury
Closing stock = opening stock + purchase + g.p + expenses - sales - incomes
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
your company by machinary for Rs 3000000/-, what will be the maximum term lean avaible form bank?
Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?
what are the direct expense of loan department in banks.
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?
What is an Automatic Payment Program ?
in terms of accounting the trial balance when is it taken?
Tell us in balance sheet, where do you show tds?
Explain me by saying, perpetual or periodic inventory system; what do we mean?
How to prepare in yearly turnover?
Why Is The Distinction Between Product Costs And Period Costs Important?
List the type of transactions entered in journal proper.
Do you know in accounting, vat abbreviates what?
I want to know the Payroll Accounting Questions
we have registered to MCCIA(Maratta Chember of Commerce Ind & Agri.).They given a Tax Invoice against this registration with charging service tax@10.3%.can we take credit of this service charge ?
i have pay to 250000 excise duty so i ask to all how can maintain entry in tally ?
