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Answer Posted / payal malhotra
Loose tools should be taken as under current assets as it comes under inventory
| Is This Answer Correct ? | 3 Yes | 4 No |
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Dear sir, In tally what is list of cost centres? and what is the list of cost categories?
Tell me entries to revenues accounts such as service revenues are usually?
what is the entry to be made for vat when any purchase is made in that bill vat amount is included ?
Tell me did you use accounting applications at your previous companies or prefer working manually?
hai everone,can anyone send me the accounting ,finance,general interview questions for mba freshers plz.....urjent
2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.
What is compound journal entry?
Do you know what is a cpa?
What steps would you take before approving an invoice for payment?
Cash Processing
how to we pass a purchase entry in item invoice mode where some advance has been paid to the party. the purchase entry should get offset with the advance payment entry so that it does not appear in the bill outstanding or bills due list. please guide.thank you
What is the procedure of submit bank guarantees and cancellation.
HOW WE MADE ENTRY OF SURCHARGE ON VAT PURCHASE IN PUNJAB
I'am accountant working in a trading concern. I wish to become an accountant in a manufacturing/construction company.are there any books available in the market from which I can get an Idea as to how accounts are prepared and maintained for a manufacturing/construction company.
Please note that all the question related to VAT is belongs to pune, maharashtra. waiting for quality reply.
