Answer / madhulika2011

A debt instrument issued for a period of more than one year with the purpose of raising capital by borrowing.

what is corporate accounting?

0 Answers   Wipro,

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WHAT IS MAT? PL. DON'T GIVE BRIEF NOTE.

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As per the accounting what do you mean by Fixed Assets?

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Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,

0 Answers   Elevates Infosolution,

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Expand C I F

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How to Maintain Medical Stores accounts in Tally?Please send me full details???????????????? thanks

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Expand SCERT

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Zee Ltd. uses material—A for the production of Product M. The safety stock of material A is 300 units; the supplier quotes a delivery delay of two or three weeks. If the company uses 500 to 800 units a week according to the activity levels, the re–order level of material–A will be A. 2300 units; B. 2400 units; C. 2700 units; D. 28 units.

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In case of Bad Debt such amount should be credited to 1.Cash account 2.Debtors account 3.Sales account

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Answered but misspelled pl correct PROFIT AND LOSS ACCOUNT HELPS US TO KNOW (ANS.EENTRSULT)

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WHAT IS THE BASIC PRINCIPLE WHICH INFORMS THE HEALTH OF A COMPANY THROUGH ACCOUNTS

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Is the Opening Stok and Closing stock both will appear in the trial balance ?

4 Answers  

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