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Answer Posted / amarendra kumar swain
contra entry in tally
Cash A/c Dr.
To Bank
(Being Cash withdrawn by ATM)
| Is This Answer Correct ? | 64 Yes | 7 No |
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what is core accounting?
Can CPF share given by govt. added in the Financial gross salary while calculating Total gross salary at the end of Financial year.For eg: My gross salary is Rs.X during a Fin. year & govt share of CPF is Y then Total Fin. Year gross salary is =X+Y,is it correct?
Define and distinguish between flexible and floating exchange rate system. What kind of exchange rate system does china have?
what is the rate of vat,cst,in mumbai
what is inter-company transaction? what is Inter-Branch transaction?
what is the impact of bank garantee of rs 100000 on cash flow statement which has been expired...& impact on bank reconcilation statement
Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year What will be JV for this year and next year?- Thank you
Can anybody tell me the steps involved in Budgeting / Forecasting generally..?. Hints would be appreciated highly.
which chart of depreciation copy for our Indian companies in sap(fi-aa)? please give answer. Thanking you, mohan
What else ? This is the question asked to me every where every time while facing interview. I want to know is this a real question for accounting? If yes haw or if no How? I am really confuse.
DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in haryana. The company's sales in the year ending on 31st march 2007 were Rs.1000 million(Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of the company is 14 percent.The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30 million per annum. The plant can be sold for Rs.200 million: (a) The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annum installment of interest and repayment of principal. (b) A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: (1) Should the company expand its capacity? show the computation of NPV. (2) What is the annual installment of bank loan? (3) calculate the quarterly installment of the financial institution loan. (4) should the company borrow from the bank of from the financial institution?
kindly send the TDS tariff on Security expenses, rents, transport charges etc.,
How to prepare finalization accounts?
What are the four classifications of bad and doubtful debts as per the context of the bank?
what is the meaning of written-off as goodwill written-off
