We had billed to a Customer Rs. 50000/- he paid 45000 to us n not paying balance 5000/- how and where to enter Rs. 5000/- Is it bad debt...

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i have query on bank reco. pls suggest me on my following question my bank bal as on 31.3.09 was rs 700000 but after reconsilation it was 100000 because there was two three cheque was ulcleard. which bal should i take in new FY & how i show into account

5 Answers  

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can we change date in tally.erp s/w in educational mode ?

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Which forms in use in service Tax, Excise duty and Vat for the return.

0 Answers   ME, Signac International,

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what is the difference between method of costing and technique of costing

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How many invoices on average do you handle on a weekly/monthly basis?

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journal

2 Answers   Bank Of America,

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What is the journal entry of bounce cheque in tally .erp9???

10 Answers   SQL, Wipro,

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Explain me the basic accounting equation?

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2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.

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how is suspense a/c treated after it has been shown in the trail balance ?

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What is the entry for provision of baddebts

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