Interested to Buy Any Domain ? << Click Here >> for more details...
what is the principal of accounting
- 2 Answers
- 4388 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / syedghouse
All accouanting is consist of accounting princples.
1.Accounting concept and
2.Accounting convention.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / viswanadh.c
accounting principles there types
1 personal accounts
2 real accounts
3 nominal accounts
| Is This Answer Correct ? | 1 Yes | 0 No |
2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.
What is a Pay Group
DIFFERNCE BETWEEN RESERVE AND FUND?
what do you mean by profit and loss appropriation account ? what is the use of preparing it?
what is mean by debit purchase
5 Answers Capital IQ, Lycatel, Micro Matic, MM,
what is the accounting treatment in tally of free goods received with goods purchased.
List out things that fall under intangible asset?
how to individual capital account.
what is prudence
who will appoint first board of director of the company
WHEN WILL SBI DECLARE THE RESULTS OF INTERVIEWS OF CLERICAL CADRE HELD IN APRIL-MAY 2010?
0 Answers State Bank Of India SBI,
What will be the journal entries in case of tax collevted at source.
Audit 
