Answer Posted / debraj pal
Closing Stock A/c Dr
To P/L Acct
P/L Acct Dr
To Goods destroyed by fire
| Is This Answer Correct ? | 39 Yes | 41 No |
Post New Answer View All Answers
Dear Sir, Tomorrow i am going for interview at TCS-Mumbai.Please let me know what kind of question are going to be asked.
What was your average accounts receivable days outstanding/days sales outstanding?
What is normative accounting?
What are the types of liabilities accounts?
What is the use of 2a, 2b & 2c form in CST ?
Do you think accounting standards are mandatory and why?
Explain what is accrual accounting?
I want to know accounting information in oracle apps projects costing module. i.e Which account is cr and which account db. Please help me.
What are the four classifications of bad and doubtful debts as per the context of the bank?
How do you add/remove a payment block for particular invoice ?
if my salary is 12000 per month how much i will get after deducting PF an ESI
Pls tell me the basic rules of accounts for interview in finanace or accounts section
Journalise- opened a saving a/c with S.B.I. ?
What is the difference between cfa and csa?
Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy
