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Queries for Big4 Articleship : Procedure of application and
selection? ( Resume, Cut off ? Rank, Contacts needed,
Exams, Interviews, General Questions ? Personality traits,
Special Knowledge etc.)
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Answer Posted / hussaina bhorasawala
keep on try you will definetly get your target..
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Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times
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