Pass remuneration for annum to working partners as
5000,7500 and 10000 per month to A,B and C
Answer / venkata ramana atyam
Partners remuneration a/c Dr. 270,000
To A's Account 60,000
To B's Account 90,000
To C's Account 120,000
| Is This Answer Correct ? | 2 Yes | 1 No |
what is the difference between charge & appropriation
what is delapidation
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
Suppose the production is more and sales less then what will happen
expense paid but the benefit not been received so far like deferred exp so can we consider it as a prepaid exp.
What is smallest 4 digit number?
how to calculate operating and financial leverages
What is the Journal Entry if "Office Expenses" of Company A is being made by Company B on behalf of Company A?
what is reconciliation
Why we Deduct TDS?
Tds Rate for F.Y.2009-10 For Payement Service Contrect
expand NASDAQ?