Interested to Buy Any Domain ? << Click Here >> for more details...
What is the meaning of GAPP?
- 12 Answers
- 22099 Views
- Ernst Young, Inventory, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
What are the accounting entries for branch accounts?
Is purchase itself a direct expense?
how to pass entry in tally for Interest received on sweep credited to saving a/c? In what group it should be come
What is meant by public accounting?
Tell me what is accrual accounting?
what is representative personal accounts?? explain with examples...
Original cost = Rs 1,26,000. Salvage value = 6,000. Useful Life = 6 years. Annual depreciation under SLM will be (a) Rs.21,000 (b) Rs.20,000 (c) Rs.15,000 (d) Rs.14,000
How can Calculate Deferred Tax of Any Firm Like Pvt. Ltd.
what is golden rule of accounting
2 Answers Ahmed Amin Group, TATA,
What are the difference between Debit Memorandum and Credit Memorandum?
1. During the current period, ABC Ltd sold 60,000 units of product at Rs. 30 per unit. At the beginning for the period, there were 10,000 units in inventory and ABC Ltd manufactured 50,000 units during the period. The manufacturing costs and selling and administrative expenses were as follows: Total cost Number of units Unit cost Rs. Rs. Beginning inventory: Direct materials 67,000 10,000 6.70 Direct labour 1,55,000 10,000 15.50 Variable factory overhead 18,000 10,000 1.80 Fixed factory overhead 20,000 10,000 2.00 Total 2,60,000 26.00 Current period costs: Direct materials 3,50,000 50,000 7.00 Direct labour 8,10,000 50,000 16.20 Variable factory overhead 90,000 50,000 1.80 Fixed factory overhead 1,00,000 50,000 2.00 Total 13,50,000 27.00 Selling and administrative expenses: Variable 65,000 Fixed 45,000 Total 1,10,000 Instructions: 1. Prepare an income statement based on the variable costing concept. 2. Prepare an income statement based on the absorption costing concept. 3. Give the reason for the difference in the amount of income from operations in 1 and 2.
how we maintain account for a coaching institute?
Audit 
