Truck # 3 has a list price of 16000. It is acquired in
exchange for a computer system that company A caries in its
inventory. The computer system cost 12000 and is normally
sold by company A for 15200. Pass the journal for the same.
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is it possible to enter closing stocks in tally in a monthly basis not affecting the previous closing balance of the previous months?
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Comments Elements in accounting
what type of invoices used in small companies-for the process of accounts receivable.
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Q1. Assuming that a firm pays tax at a 50 percent rate, compute the after tax cost of capital in the following cases: 1. A 8.5% preference share sold at per. 2. A perpetual bond sold at per, coupan rate of interest being 7per cent. 3. A ten year, 8 per cent, Rs. 1000 per bond sold at Rs. 950 less 4 percent underwriting commission.
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A trader quotes an article as sales price above 30% of its cost price.While selling he allows a discount of 15%.Then what will be the profit percentage on cost price