Interested to Buy Any Domain ? << Click Here >> for more details...
The opening Capital of a concern is Rs.30000/-
owner withdral for personal use Rs.28000/-
Closing capital balance of concern is Rs.37000/-
choose the correct answer from the following.
1.Net Loss Rs.14000/-
2.Net Profit Rs.35000/-
3.Net profit Rs.14000/-
4.Net Loss Rs.35000/-
- 15 Answers
- 20559 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / megha arora
Closing Capital-37000
-Opening Capital-30000
+Withdrawla-28000
Net profit-35000
| Is This Answer Correct ? | 47 Yes | 2 No |
Post New Answer View All Answers
Expand---------OTMD
I've just started to work as an accounts executive and intending to take up SAP. Can anyone tell me what are the preparations required for me as an accountant to be a successful SAP consultant.
What is Budgeted capital ?
we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?
i am a mba fresher and i'm learning oracle finance.please give me ur valueble suggetions about my career in oracle finance? what r the requirements 2 get a good job in time?
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
What exactly balance sheet depicts
What is DRA in bank reconciliation.
Give a brief explanation of the fundamental accounting concept of prudence
What is the mening of uidnvhe.?
what is the step in preparing the schedule of audit? can someone explain for me?
what is transposition-cum-demat?
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
fd redeem interest and principal entry in tally
How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.
