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PLEASE TELL IF I PAID BY CHEK ON 31 MARCH 2009 AND CLEAR IN
THE BANK ON 5.4.2010.PLEASE EXPLAIN IT WHAT EFECT ON F.Y
AND A.Y.?
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Answer Posted / mahesh
Hi,F.Y. Effect is Bank A/c Cr.
Party A/c Cr.
Cheq Should in bank reconsilation
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3. You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
