Features of Fixed Capital



Features of Fixed Capital..

Answer / abdullah amer

Fixed Capital are those capital which are saved or depoisted
my the company to use it in the futures if the company face
any finacial problem with the help of the fixed capital the
can solve the problem of the company.

Is This Answer Correct ?    3 Yes 0 No

Post New Answer

More Accounting General Interview Questions

company office interior work payment paid by MD on his personal account what is entry in company accounts book & md personal a/c book?

6 Answers  


Where is the reserve

1 Answers  


how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry

1 Answers  


treatment of reserve fund in trail balance whether debit or credit.

2 Answers  


We have an boat manufacturing company .we customer order one boat the cost is 1130 .we have received advance 500 balance he will give after giving boat can you give me journal entry cash A/c Dr 500 customer A/c Dr 630 To Sales 1130 is this entry is correct ?if not please give me exact entry

3 Answers  






Trial balance as on 31st March, 2014 Particulars Debit Pula Particulars Credit Pula Wages 14 100 Dividends received 4 300 Salaries 13 000 Bank overdraft 41 000 Opening Stock 40 000 Returns 1 000 Machinery 49 000 Creditors 14 200 Investments 30 700 Sales 258 500 Drawings 23 000 Capital 30 000 Purchases 130 000 Returns 2 000 Debtors 18 000 Advertising 13 400 Interest 4 800 Cash 11 000 349 000 ======= 349 000 ======== Additional information: 1. Closing stock is valued at P53 000. 2. Wages include P350 being advance against wages. 3. Wages include P1 000 paid for erection of machinery. 4. A purchase of stationery for P430 has been inadvertently included in the Purchases account. 5. A sale of investments with a book value of P2 600 for P2 500 has been included in the Sales Account. 6. Salaries include P150 per month paid to the proprietor’s domestic servant. 7. Machinery is to be depreciated by 10 per cent. Required: a. The revenue statement (Trading and Profit and Loss Account) for the year ended 31st March 2014 and b. Statement of financial position (Balance Sheet) as on 31st March, 2014.

0 Answers  


what is SEC?

5 Answers   Genpact,


Example of deferred liability and asset?

2 Answers   FIC,


informance about performance is disclosed by

0 Answers  


What does the financial statement of the company include?

0 Answers  


what made you take up present subject/area of specialization and what would you define as your career objectives

0 Answers   RKSK,


how to prepare brs statement for company in tally

0 Answers  


Categories