what is set off and carry forward.

2 Answers  

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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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if accounting year is 2010-11 which will be the assessement year.

7 Answers  

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what is the outcome of trading and profit and loss account

1 Answers  

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In tally software what is the difference between restore and backup?

1 Answers  

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What is the entry to be passed on receiving the tds certificate in the books of the deductee?

0 Answers   Muthoot Group,

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how much deduction want while salary paid?

9 Answers   Avon Ruby,

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what is the difference between a company balance sheet and that of a bank?

2 Answers  

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if a company purchased cell phones for employees how to treat that expenses is it asset for the company under which ledger it will come pls tell me friends?

6 Answers  

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What is entry of Dishonored cheque issued to supplier

0 Answers  

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Hi guys, in my company, have a recruitment for junior accounts executive(2 to 4 years only).. For 10-15 positions, if any body interest pls send your resume to my mail id... Remember, any body from manufacture or construction field 1st preference...Definitely i will help u.Send ur resume to "mukeshreddy37@gmail.Com" immediately

3 Answers   bscpl,

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what is the purpose of preparing Bank reconciliation ?

3 Answers   ABC, CAFS,

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