Answer Posted / rahul vala

Only monetary transactions are entered in the books of Account . Hence, when he actual buy trackshoot only that transaction will be record in the books of Account.

Tell me what do you believe makes a successful account executive?

1037

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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.

2283

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What is a trial balance in accounting?

1108

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I have interview in Accenture,already anyone attend the interview, kindly gave some information about accounts interview & also about the company.

2351

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All Interview related Questions pertaining to General Ledger,Finance & Accounts.

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how to deduct tds on income from other sources with examples

2139

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Explain in simple terms what is the difference between asset, equity, and liabilities?

1097

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How do I record a prior year property tax refund on sale of asset due to overvaluation

1472

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hi i want to run vendor debit memo after he paid all amount i want to give discount through miro i am giving the price and quantity and run in through miro the system will pass another two more line iteams extra and shwoing dr/cr balance +/- when i will increase the amount this is also increasing what is the reason i dont know please send me immediately

1953

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Does anybody know anything about BirlaSoft? I got a job offer, they sent me a contract to sign and return, but thank God they didn't ask for any money! But, they said they would send me a check in the mail. And as my first "task" I would have to use that check to order a bunch of accounting software, and I would need to purchase this software ONLY from the vendors that THEY provide. Is this a scam to just get money? I'm wondering if they "own" the vendor they "work" with and launder money that way. I asked the person who was getting my information, as far as my name and address to send the check to, Why would I have to buy software to install in my home computer anyway? Couldn't they just send me a link for the software to download? I'm afraid of the check being fake. Because, if I deposit the check into my checking account and it turns out to be fake, then I'll owe the bank all that money! Hope to hear from someone soon. Thanks.

3433

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describe the rule of garner vs murray and how it relates to the dissolution of a partnership

5413

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Can you tell me entry tax will be applicable on Spectacles purchase from u s a  

1907

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Explain me what do you think is bank reconciliation statement?

1100

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how to individual capital account.

2388

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What is the master account?

1037

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