Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / neeraja
bank reconsilation is a routine procedu of sustematically
adjusting the a/c balances reported by bank with the
accoutn balance on the company book and explain
differences .differences may occur if depostis are not yet
cleared or cheques are not yet presented
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What is the purpose of financial statements?
Please guide in details about Payroll in Tally.erp9??
i am working in construction company.we have more then one projects.i enter attendance in payroll projectwise.i want salaries in projectwise not overall in payroll autofill. thankyou sir
What is mean by working capital?
Explain me the basic accounting equation?
what is the rate of vat,cst,in mumbai
What is BRS Adjustment entry?
What is dividend warrants?
hi...this is chaitanya fresh bcom computer graduate i need job in finance feild will i get in genpact, deloitte, bank of america, or any other mnc...?
Purchase and sales sahres accounting entry which have stt brokerage and other taxes
What is icai?
2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.
What is the distinction between cost accounting and management accounting?
Which accounting applications are your familiar with?
Q1.How depreciation deffer from depletion? Q2.show the main benefit from calculating and recording depreciation.
