Decrease in the amount of Creditors result in
1.Increase in Cash
2.Decrease in Cash

Answer Posted / sachin shelke

Decrease in cash

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Expand SOIT

1444


difference between office expense and miscelleanous expense with some examples

1579


What is Insider Trading ?

1702


Feature of Master letter of credit of Garments manufacturing company?

1444


Please send me full details of MIS report how to prepare which item to be consider in MIS report? 2) full details of Esic, PF and Fbt and maharashtra labour welfare fund

1792






What is the working formula for Working Capital Turnover

1654


From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900

1641


Dear All, myself B.k Singh graduate with B.Com and PGDBM - Finance, I was worked with Service Company for 6 yrs.Now past 2yrs working with Real Estate,moreover I want to some course short term, plz guide me.

1593


what is Rectification of Errors ?

1766


What is re-financing in Letter of Credit settlement

1522


different between acconting and elective mathematics

1717


1.tell about urself? 2.wt is BRS? 3.VAT? 4.Golden principle of accounting?

2003


WHAT IS THE DIFFERENCE BETWEEN COST CONTRL & COST REDUCTION

1521


what do you mean by accounting (or) why accounting ? ( generally we have to speak about our achivements and goals)

1360


how to prepare mba finance for interview questions

2120