What is Balance sheet?
How to know the financial position of the company in
balance shhet?
Answer Posted / murali royal
Balance sheet is statement, which contains Liabilities and
Assets which shows the financial position of company for a
particular date or time.
By observing the Application of money and sources of money.
| Is This Answer Correct ? | 2 Yes | 3 No |
Post New Answer View All Answers
1. Cold Ice, Inc. sells ice cream sells for $2 each. The variable costs per ice cream are $1 and the fixed overheard costs are $ 0.35. A summer camp wants to place a one-time order for 100 cone of ice cream at a price of $ 1.25 each. What is the minimum price hot dogs should be charge for this special order?
Raju put labour charges bill for Rs 65000/- You are directed to deduct 5% security deposit and 1.15% TDS from the bill. Pass journal entry for it
define accounting,scope of account , types of account ?
How can fictitious assets be measured or valued?
what is meant by cash purchase?
what is crisil?what is the advantage of crisil rating?
• What is depreciation and the method?
Ram, the proprietor brought additional capital of Rs 75000/- by pledging his wifes gold.pass entry
How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.
how to entry in tally for other person check received
sort out the difference between service provider & service reciepient from the service tax.
WHAT IS GENERAL LEDGER HOW MANY TYPES OF IT, AND WHEN GL WILL USE IN WHICH SITUATIONS DESCRIBE ME
Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,
where is suspense entry is entered in tally erp9
Why are there 30 blue-chip companies only considered in bombay stock exchange.And why those thirty only effect the sensex