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journelising the following?
dpereciation of plant & machinery rs 30000/-
interest accrued but not received Rs 15000/-
prepaid insurance Rs 10000/-
drawings of cash Rs 5000/-
withdrew goods for personnel use Rs 2000/-
what is cost centre?
How do you verify the correctness of material control
system?
How many directors are required at a minium for Private ltd
and public ltd companies?
How do you compute the following ratios?
current ratio
net profit ratio
gross profit ratio
debt service coverage ratio
sales turnover ratio
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Answer Posted / jubeda
Depreciation a/c dr 30,000
To plant& machinery a/c 30000
profit & loss a/c dr. 15000
To interest accrued 15000
prepaid insurance a/c dr. 10000
To profit &loss a/c 10000
drawings a/c dr. 5000
To cash a/c 5000
drawings a/c dr. 2000
To goods a/c 2000
| Is This Answer Correct ? | 2 Yes | 7 No |
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