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how to pass this entry from tally
advance cheque payment for rent advance
in 4 installments cheque paid in same days
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Answer / pradip kumar shaw
Prepaid Rent a/c.........Dr
to Bank a/c.
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Please give me a suggession to calculate the T.D.S,E.S.I,P.F, From salary which is in gross Rs. 15000/.
if the current ratio is 0.5 what is the impact of working capital
Definition of accounts payable
3 Answers Genpact, Infosys, MNC, TATA,
how to enter the tender refund amount in tally ?
What Does Hedgelet Mean?
Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
What is the TDS rate for Salary???????
what is Sundary Debtor and sundary creditor.
hi...this is chaitanya fresh bcom computer graduate i need job in finance feild will i get in genpact, deloitte, bank of america, or any other mnc...?
As you know account executives need to be talented salespeople. Do you have experience making sales?
In our company we are making payment through X bank and again we opened a new account in Y bank and we deposited cash in this bank rs.10000.and cash is used from X bank. then what will be the entry & how to adjust with old bank
Case Study: Deepak Hand tools Private Limited 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?
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