The following figures relate to the trading activities of M/s ABC Traders Ltd for the year ending 31 March 2004. Particulars Amount (Rs) Sales 5,20,000 Opening stock 76,250 Purchases 3,22,250 Closing stock 98,500 Sales return 20,000 Selling and Distribution Expenses Salaries 15,300 Advertising 4,700 Travelling 2,000 Administrative Expenses Salaries 27,000 Rent 2,700 Stationery 2,500 Depreciation 9,300 Other charges 16,500 Provision for tax 4,000 Non Operating Income Dividend on shares 9,000 Profit on sales of shares 3,000 Non Operating Expenses Loss on sale of fixed asset 4,000 You are required to: (i) Arrange the above figures in a form suitable for analysis. (ii) Show separately the following ratios. Net profit ratio Operating ratio Stock turnover ratio

1 Answers   Candico,

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Difference between reserves for bad debts & provision for bad debts.

6 Answers   HSBC, NRN Business solution, Siemens,

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What is finalization

3 Answers  

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My firm got Rs.1,00,000/- as consultancy charge after deducting Rs.10,000/- as TDS. Now we have to pay Rs.15,000/- as Service Tax. Net effect we will receive only Rs.75,000/-. How can i account this.

1 Answers  

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we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which head..Explain pls

7 Answers  

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What is the method to determine / set the credit limit for the customer ?

3 Answers   Genpact,

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What do you find most satisfying about this job?

0 Answers  

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difference between stock and share

2 Answers   Genpact,

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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.

0 Answers  

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what is contigent liability and where we shown in balance sheet

2 Answers  

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How to pass VAT retention entry on computer and Furniture

0 Answers   Athena, Blue Consulting,

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

1 Answers  

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