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Calculate the current assets from the following information A>credit sales Rs.2,00,000 B>G.P.ratio 20% c>stock turnover 5 times. D>Current liabilities Rs.60,000 E>Quick ratio 0.75 Stock at the end Rs.5000 was more than the stock in the beginning.
how do you calculates closing stock in Trading A/c
Choose the right answer Which of the following is Liability account 1.Bills payable 2.TDS collected 3.Unearned income
there are five participants A, B, C, D, E in 25M USD syndicated loan, and A is lead manager. the borrower is ready to pay 0.4% ($100000) participant fee. how much each participant will share participant fee?
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How does the profit is affected by the loan.
Realization concepts of revenue?
garner 1903 on partnership ruling and type of ruling
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
proposed devidend is approved by .... options are: A.BOD B.share holder C.SEBI D.general body meeting
WHEN CREDITORS SHOULD BE COME UNDER DEBTORS IN WHAT SITUATIONS EXPLAIN WITH EXAMPLES
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