Entry of vehicle loan paid some margin money and other amount financed by bank and repayment of bank loan?

1 Answers  

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SOLD GOODS WORTH 5000 TO AKBAR WHO PAID 3000 ON ACCOUNT

0 Answers  

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If company invest Rs. 3,00,000 in Chit & Fund and later received with Profit Rs. 3,50,0000 = (Rs. 3,00,000 + 50,000 profit amount). Pls advise how to pass the profit amount...and in which head the profit amount goes

0 Answers   ONGC,

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A factory uses annually 24,000 units of a raw material which costs Rs. 1.25 per unit. Placing each order costs Rs. 25 and carrying cost is 6% per year of the average inventory. (a) Find the economic order quantity and the total inventory cost including the cost of material.

0 Answers  

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What is difference between Expense and Expenditure ? Please explain in detail..

4 Answers   Chevron,

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What Is Responsibility Accounting?

0 Answers  

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what is the difference between NEFT and RTGS ?

2 Answers   Banking,

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Please Explain the following Depreciation Methods? 1.stright line method 2.reducing method 3.annuti Method 4.funds Method 5.insurance Method

1 Answers  

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Is electricity charges are direct or indirect expenses

5 Answers  

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2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.

0 Answers  

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Received intrest Rs.50 on advanve income-tax paid.

1 Answers  

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What is Capital reserve and Revenue reserve...? Any example would be highly appreciated.

5 Answers   SISA,

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