fill in the Blanks Fringe Benifit Tax will be levied on the ___________

2 Answers  

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What is Earning per share?

11 Answers   Capital IQ,

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what are adjusting entries? and why we are dioing it?

6 Answers  

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how many schedules are there in accounting?

0 Answers  

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How to enter an invoice already paid?

2 Answers   India Glycols,

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Acquired shares of X company worth 100000, company declared 10% as dividends, but not paid to u. Now what entry u pass while purchasing those shares, what entry u pass when company declared dividents but not paid, and what entry u pass when u receive the dividend..?

1 Answers   Franklin Templeton,

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what is the diff between reversal and cancellation entries?

3 Answers   ABN AMRO,

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how many types of financial teribuanal? what is that?

0 Answers   Grand Bay,

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where we have file E-returns in SAP FICO-CIN/Wtax?

0 Answers   Wipro,

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What is Contingent Liability?

1 Answers   EDS,

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Each transaction has two aspects which is called as -------- ----concept

1 Answers  

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From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.

0 Answers   D M Systems, Ignou,

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