Answer Posted / rabindra kumar mallick
With help of Accounting Standard, Proper accounting entries
should be passed, then to finalise Balance sheet & P & L
account.
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VAT PER SURCHARG KAB SE KIS DATE SE LAG RAHA HAI
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rate of vat on gold purchase local & o.m.s. & rate of % in sale local & o.m.s.
what is use of cost category ? which type is useful in accounting work ? give answer with solid example because iam slow learner in accounting line.
Do you use social media to identify prospects?
The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.
Which accounting applications are your familiar with?
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Why did you choose the a-levels you did?
How many invoices on average do you handle on a weekly/monthly basis?
a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?
WHICH QUESTIONS ASKED IN EPFO IN 2009.
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