Liabilities: 2006 2007 Assets 2006 2007 Trade Creditiors 100 40 Cash atBank 100 65 Bills Payable 50 60 Account/R 105 120 Outstanding Expenses 25 20 B/R 130 140 Bonds Payable 220 140 Inventory 110 40 Accumulated Depreciation: Machinery 120 160 -on Machinery 30 35 Building 300 310 -On Building 75 85 Land 60 130 Reserves 100 115 Patents 55 60 Retained Earning 130 170 share Capital 250 360 Profit from operation after providing Rs.10,000as depreciation on building and Rs.10,000 on machinery and Rs.5,000 as amortization on patents for the year 'April 06- March07' was Rs.35,000. Other revenues for the year were Rs.40,000. An old machine with original cost of Rs.15,000 was sold at a loss of rs.5,000. Prepare Fund Flow Statment and Cash Flow Statment for the year ending March 31 2007 based on the information given above.
2102What is the different between each of the following. a) ordinary shares and preference shares b) called and uncalled capital c) bearer debentures and convertible notes d) floating charge and specific charge
2 11458please tell me that fictitious account is what type of account i.e real,nominal or personal account??
2 6051please tell me that how much percentage of shares of a company must be purchased so in order to start the company??
3 6637Post New Accounting AllOther Questions
1. what is responsibility of inword & forward agent ? 2. how to control cash expenses give five step ? 3. what is Vat 3. how many type of depreciation
institutional investors?
What is payment/receipt/period accruals?
Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful
Expand--------AA
AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??
Where the Cost of labour, Material used and sales scrap (if sales given)get effect in balance sheet
How will be prepare invoice in tally, please tell me step by step
what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching
Up to what time we can show TDS Receivables under Advance Income Tax A/c?
If someone knows about the test pattern of Junior executive accounts than please share.
where is suspense entry is entered in tally erp9
1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?
distinguish between price rate and time rate?
let me know the difference between net cash flow and income