The parties to joint venture is called_________ (a) Co-venturers (b) Partners (c) Principal & Agent (d) Friends

1 Answers  

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total assets are equal to total liabilities in final accounts ?why?

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The following figures relate to the trading activities of M/s ABC Traders Ltd for the year ending 31 March 2004. Particulars Amount (Rs) Sales 5,20,000 Opening stock 76,250 Purchases 3,22,250 Closing stock 98,500 Sales return 20,000 Selling and Distribution Expenses Salaries 15,300 Advertising 4,700 Travelling 2,000 Administrative Expenses Salaries 27,000 Rent 2,700 Stationery 2,500 Depreciation 9,300 Other charges 16,500 Provision for tax 4,000 Non Operating Income Dividend on shares 9,000 Profit on sales of shares 3,000 Non Operating Expenses Loss on sale of fixed asset 4,000 You are required to: (i) Arrange the above figures in a form suitable for analysis. (ii) Show separately the following ratios. Net profit ratio Operating ratio Stock turnover ratio

1 Answers   Candico,

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What is good accounts Process & Execution capabilities?

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maximum bank permissable finance

3 Answers   Capital IQ,

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WCT DEFINATION

1 Answers  

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what is mean by debit purchase

5 Answers   Capital IQ, Lycatel, Micro Matic, MM,

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What is CRR ? How it Works?

2 Answers   DMRC,

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what is budgeting and steps required to configure this.

1 Answers   Meru Cabs, Virtual Studio,

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can you give me debit n credit rules

3 Answers  

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Dear Sir, We are running a security agencies (Man power Service Provider)we bought security uniform from our vendor. please suggest us, we may make entry through Purchase Entry or Journal Entry what is suitable for accounting ???

3 Answers  

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What other careers are you considering?

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