adspace


what show in balance sheet after deduct last depreciation of
assets

Answer Posted / anix

The Asst will shown in Balance Sheet After Depricition as
Follws
GROSS BLOCK xxxx
LESS DEPRICIATION xx
NET BLOCK xxx

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

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.

1886


What is your greatest achievement and why?

1065


what are your current financial and accounting projects? What is your role?

2928


rate of vat on gold purchase local & o.m.s. & rate of % in sale local & o.m.s.

1765


Do you have any professional experience in this field?

1103


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?

2422


Explain a time when you have not met your goal?

1180


What is account payee cheque? Expand ctc cheque?

1265


what's the mean by Imprest system? Please give me Replay on this no. 9885789716

1997


Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-

1949


formula of reduction in tax credit of vat form 201(gujarat)

4327


Tell me an example of a tough decision that you had to make?

1139


The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.

1843


Tell me do you have any professional experience of this field?

1208


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.

1792