Expand ------BMI

2 Answers  

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The prepaid insurance account has a debit balance of $3600 at the end of the year. If unexpired insurance at the end of the year is $2800, the amount of insurance expense that should be reported on the income statement is?

2 Answers  

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what is ADVANCE,DECLINE ratio. also explain how it helps the investor to predict the stock market movements?

3 Answers   UBS,

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in a every intervew asking one common question why you are living current employer, which is the best answer

0 Answers   Bank Of America, HSBC,

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The primary record of a credit purchase of a fixed asset is made in---------

2 Answers  

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bill to addres? ship to addres? rimit to address?

2 Answers   Accenture,

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Create Good Will of Rs 125000 and apportioned between the existing partners A,B and C as per their sharing ratios 25%,35% and the remaing %. Pass journal entry

1 Answers  

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what is mixed invoice, prepaid invoice,quick invoice,podefault invoice,withholding tax invoice,please explain me in detail?

0 Answers  

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Queries for Big4 Articleship : Article Vacancies application starts when?

3 Answers   Deloitte, Ernst Young, KPMG, PWC,

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What is Financial?

2 Answers   Capital IQ,

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From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.

0 Answers   D M Systems, Ignou,

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expand H R A

7 Answers  

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