What is the Finalization of Accounts?

0 Answers   EDS,

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What do you mean by Adjustment

0 Answers  

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How can we calculate Goodwill of a firm?

2 Answers   Cenza, ICRA,

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what is the diff b/w manufactring a/c & trading a/c?

2 Answers  

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Please explain in brief why you consider yourself suitable for the position applied for?

2 Answers   Accounting, Godrej, KEC,

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Process of the settlement cycle?

0 Answers   Mellon,

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WHAT IS TAX AUDIT? WHY & WHEN IT IS REQUIRE?

2 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   Ignou,

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You are working in a Company but due to certain reasons you were not able to complete the work given to you on time, so to write a Letter of Apology to your Senior regarding it.

0 Answers   EDS,

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can u explain good will and calculation methods

1 Answers   FactSet Systems,

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EXPAND______________PWD

1 Answers  

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What are Corporate Action?

0 Answers   Mellon,

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