THE DEBIT BALANCE OF THE P&L A/C IS SHOWN IN WHICH COLUMN
OF BALANCE SHEET
Answer Posted / priyanka
asset side
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
what is the difference between speculation & investment?
In financial management why we calculate the cost of debt, (cost of capital) while rate of interest is given.
how will you create the posting periods 3 and 5 or 5and 7?
Why do you want to work for us?
From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900
Reserve Capital and Reserve Capital
institutional investors?
impairment & Amortisation Means
what is an advance against expenses
What is revaluation of Accounts, how does it is accounted in business
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 have scooter , and its insurance expired for the past 1 yrs and i need to renew it ? how to , explain?
What do you mean by Green-shoe option?
distinguish between price rate and time rate?
difference between vat 47 & vat 49