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Answer Posted / b.thirupathi
BEP WHICH MEANS NO PROFIT NO LOSS , OR
WHEN THE TOTAL COST IS EQUAL TO THE TOTAL REVENUE THEN THE
FIRM/COMPANY WILL OPTIMUM POSITION AT CERTAIN POINT ,THAT
PAOINT IS CALLED BREAK EVEN POINT
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Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-
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