Answer Posted / sri
All the profits which are above the break even level(no gain n
o loss) is called margin of safety. The higher the margin of
safety the better it is.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Do is it proper fo an engineer to head a bank without a good backgroud in accounting? ?
How to post salary advance transfer from one branch to another branch ?
Where a cash discount should be recorded in a journal entry?
can i direct payment made t code f-53 to bsnl agst telephone exp.? or 1st create a/c.of bsnl and book in fb60 then payment made whose correct?
what is the journal entry can be passed for an opening balance (bank, fixed asset, provisions)to the new software
Explain me the basic accounting equation?
what will be the entry for inventory
From the following particulars taken on 31 December, 1995, you are required to prepare a bank reconciliation statement to reconcile the bank balance shown in the Cash Book with that shown in the Pass Book: (i) Balance as per Pass Book on 31 December, 1995, O/D Rs 1,027. (ii) Four cheques drawn on 31 December but not cleared till January are as follows: Rs 12; Rs 1,021; Rs 98; and Rs 113. (iii) Interest on O/D not entered in Cash Book Rs 51. (iv) Three cheques received on 30 December and entered in the bank column of the Cash Book but not lodged in bank for collection till 3 January next: Rs 1,160; Rs 2,100; and Rs 2,080. (v) Cost of cheque book, Pass Book, etc; Rs 1.50 entered twice erroneously in Cash Book in November. (vi) A Bill Receivable for Rs 250 due on 29 December, 1995 was passed to the bank for collection on 28 December, 1990 and was entered in Cash Book forthwith whereas the proceeds were credited in the Pass Book only in January following. (vii) Chamber of Commerce subscription Rs 10 paid by bank on 1 December, 1990 had not been entered in the Cash Book. (viii) Bank charges of Rs 5 had been debited in the pass book twice erroneously. . . . plz be fast
What is a contra entry
accounting principles, accounting concepts,meaning of managment and financial accounting and cost accounting.
WRITE ABOUT ANY 1 "WOMENS ARE BEST MANAGEMENT PERSON" "IF UR FINANCE MINISTER OF INDIA" "V R RESPONSIBLE FOR OUR ENVIRONMENT"
What is liabilities and what all does include in current liabilities?
give me examples of the accounting reports you have prepared
How familiar are you with crm?
A loan of 10000 with 10% interest is fully due after 6 month. What will accrue differed, outstanding?