sold goods on credit rs 10000
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why is the recocillation done?
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Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.
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Who has to prepare credit note and debit note? whether the account department or the concerned department like, purchase department, sales department.
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