Z=52,act=48 then bat will be equal to
where will lostv appear in balance sheet?
1 Answers Alfa Automation, TCS,
What is the difference between capital expenditure & revenue expenditure
what is the difference between directors capital and current a/c
what is difference between share and equity
i dont know to calculate sales tax. how to calculate sale tax and what are basic procedure to calculation sale tax. i want basic procedure. any to know calculation of sales tax please send my mail. my id: rajendiranraje@gmail.com
Is it necessary after every journal entry to show its treatment in P&L a/c? Eg. if I am asked to show journal entry of purchasing furniture & fixture on 1st Aug 06, i.e. Furniture & fixture a/c Dr. To cash/bank a/c Along with this, I have to pass following journal entry on 31st Mar 07?? P&L a/c Dr. To Furniture & fixture a/c
Every year very huge amount of depreciation debited at any of company's account, which is actually non cash expense, now where actually amount goes at the year end?
The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.
Why did you choose the a-levels you did?
Tell me about a situation where you showed determination?
what is upper circuit & what is lower circuit? please guid with an example?
prepare theree column cash book from the following details on 3/2/06 1 balance (in hand) in the beginning 25,000. 2 recived chaque from x worth 5,000 3 deposited the same cheque into bank on next day 4 deposited 5000 into bank 5 withdrew 1,000 for personal use