Answer / oommen

purchase a/c dr
to
capital a/c cr

If i have to sell the existing Business of Mine, What are the calculation for this ??

2 Answers  

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What is the difference between Balance Sheet and Fund Flow?

2 Answers  

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What is Capital Market India in your own Words?

2 Answers  

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The main objective of preparing a 'journal' is

2 Answers   Tech Mahindra,

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1. what is the general Percentage in india (%) of Deprication for Furniture, building Other Assests like Company Car, and COmputer and Airconditioner etc., Waiting for Answers

6 Answers  

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What will happen if an organization not maintain the sufficient working capital?

5 Answers   Capital IQ,

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The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.

0 Answers   BOCODOL,

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What is a Bluechip Company?

2 Answers   State Bank Of India SBI,

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What Does Phantom Gain Mean?

2 Answers   CompuCom, Ernst Young,

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If I need Finance from the Bank I need to give the CMA Format date, Can somebody help giving me this format ??

1 Answers  

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1. purchase of tally software is treated as assent or indirect expenses , then underwhich group it comes on tally 2. outstanding expenses is under what group in tally

8 Answers   ABC,

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what are main accounting entries in a vehicle dealer

0 Answers  

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