Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

4 Answers  

---

what is different between leaser of subsidary book and journal?

0 Answers  

---

A is vendor of B. B owes him 50000/-. A asked B to conduct an event on his behalf and the expenses incurred by B was 25000/-. A issued a credit note in favour of B in full , stating that TDS done @10% on 25000/-. Now , B has to settle A's balance. 1.Entries in the books of B 2.How much B repaid to A for settlement and the Entry in his books.

5 Answers   CTPL,

---

hi friends i went one interview yesturday Hr is asked " r u have experince in payroll accounts " what is this experience i cant understand pls post the answer?

1 Answers  

---

what is the unique thing about employees that employers expect to see at an interviews.

1 Answers  

---

how to prepare balance sheet , p and l account ,

13 Answers  

---

Mention what does the investment of personal assets by the owner will do?

0 Answers  

---

how to calculate ESI,PF,PRO.TAX, INCOME TAX, VAT, T.D.S, EXCISE PLEASE SAY ANSWER IN DETAIL WITH PROPER UNDERSTANDING PLEASE SAY THROUGH WITH EXAMPLE

0 Answers  

---

Financial Accounting

0 Answers   Chartered Accountant,

---

What is the Meaning of E.& O.E ?

4 Answers  

---

how we can calculate sundry debtors and crditors a/c?show some examples

0 Answers  

---

Dear Sir, We are operating a Security Agency, Please suggest us how to calculate holidays & Overtime duty, where we take 12 hrs, duty from guards in place of 08 hrs. duty. Please suggest us how to calculate. thanking you, suman

1 Answers  

---