Horizontal balance sheet versus Vertical balance sheet

2295

when an amountis declared as NPA by a bank whether any interest can be debited to that account after the date it is declared as NPA ? What are the guidelines of Reserve Bank of India in this respect ?

2584

What is the formula for acid test ratio in accounting?

1086

journal entries for money received from RBI by the banks IN CASE OF INSUFFICIENCY

1915

what is inter-company transaction? what is Inter-Branch transaction?

8866

Revenue Expenditure

2171

WHAT IS NPF IN ACCOUNTS. AN ENTRY IN BANK STATEMENT" NPF SOME NAME XXXX DR SIDE" PLEASE ANSWER WHAT IS NPF?

6612

Tell us what inspired you to move to the next opportunity?

1105

we given watches to Employees how to treat accountability what is the debit and credit, or any provision to be ?

2097

What is a ledger? What do you mean by ledger posting?

1143

service tax calculated on agreement value or market value whichver is higher for builders?

2346

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?

3163

examole of cash to cash contra entry

2283

If there is an excess amt of TDS paid under the head TDS on contractor, then how it can be shown in Annexure of TDS return?

2501

Do you know what is icai?

1191