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Answer Posted / mahendar
salary A/c is a nominal A/c. As per basic principle All
expenses and All liabilities are treted as a nominal a/c.
debit all expenses, and credit all income.
| Is This Answer Correct ? | 35 Yes | 6 No |
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Please share different type of Z report
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You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
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hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in
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