The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry

0 Answers  

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I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes

0 Answers  

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How the Basic salary will be fix for an employee?

3 Answers   Infosys,

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What is debit and what is credit ?

4 Answers  

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Can grants made in stage payments but not yet received be accrued as grants receivable?

1 Answers  

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what are the importance accounting entries for AP and AR process in interview..

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EXPAND______________PGDC

1 Answers  

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Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,

0 Answers   Elevates Infosolution,

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fill in the Blanks ______________will decrease the pwners equity

1 Answers  

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Basic of Accounting Theory

3 Answers  

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How many types of routing protocols?

8 Answers   Cisco, Labcal, ZIA,

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Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

0 Answers  

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