Interested to Buy Any Domain ? << Click Here >> for more details...
How is the accounting for hire purchase transactions done?
- 0 Answers
- 1063 Views
- I also Faced
- E-Mail Answers
No Answer is Posted For this Question
Be the First to Post Answer
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
What knowledge should financial accountant have?
Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?
How to calculate PF with example
18 Answers manappuram, Meta Arch, The Chennai Silks,
How can Calculate Deferred Tax of Any Firm Like Pvt. Ltd.
The Horse bought rs. 2000 on Jan.20th died, its carcase was sold for rs.50 loss rs. 1950 what is journal enty
Do you know what is the importance of team work in this position?
Vendor A/c Dr To Purchases A/c Cr In an entry what "TO"(Near Purchase) means or stands for or used for or from which accounting angle we have to use.
What is trial balance? What does an accurate trial balance suggest?
what accounts payable applications are your familiar with?
What are the 4 principles of gaap?
What is meant by daily accrual and booking?
Audit 
