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Answer Posted / g.ravi
SUNDRY - Miscellaneous small or infrequent customers that
are not assigned individual ledger accounts but are
classified as a group.
SUNDRY CREDITORS - refers to companies or individuals to
which money is owed.
SUNDRY DEBTOR - is an entity from who amounts are due for
goods sold or services rendered or in respect of
contractual obligations. Also termed: debtor, trade debtor,
and account receivable
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3. You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
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