Answer / srikanth

purchase a/c dr
To cash a/c

Answer / vinuta

on Credit

Purchase a/c dr
To party a/c

Answer / kallol saha

If fixed assets purchased on credit

Fixed Assets A/c dr
To Creditorr

Answer / venkatesh

purchase a/c drTo cash a/c 

Please send the all account interview question to me

1 Answers   State Bank Of India SBI,

---

what is vendor account group

1 Answers   Wipro,

---

bonus shares?

22 Answers   Capital IQ,

---

What do u mean by Deferred Revenue Expenses? Explain with examples?

8 Answers   Cap Gemini, Genpact, HSBC, Shivam, Wipro,

---

I am Lavanya i have been selected in HR round in HP INVENT and i have Operation round as next round may i know what will they ask here and after this what is the next round?????

0 Answers   Capital IQ,

---

what is inflation?

12 Answers  

---

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,

---

WHAT IS INDIREDT EXPENSES

6 Answers   CTS,

---

why we use the term profit and loss account instead of profit or loss account

4 Answers   Syntel,

---

DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in Haryana. The company’s sales in the year ending on 31st March 2007 were Rs.1000 million (Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of return of the company is 14 percent. The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30million per annum. The plant can be sold for Rs.55 million at the end of its economic life. The company would need to raise debt to the extent of Rs.200 million. The company has the following options of borrowing Rs.200 million: a. The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annual installment of interest and repayment of principal. b. A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: 1. Should the company expand its capacity? Show the computation of NPV 2. What is the annual installment of bank loan? 3. Calculate the quarterly installments of the Financial Institution loan 4. Should the company borrow from the bank or from the financial institution?

0 Answers  

---

What is Merchandising Accounting process

0 Answers  

---

What is Ledger

3 Answers  

---