Interested to Buy Any Domain ? << Click Here >> for more details...
what are the items comes under the profit appropriation
account?
- 4 Answers
- 7485 Views
- TCL, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / binesh
net profit for the year
add int on draw
less int on capital
partners salary
dividend if any
partners commission
Balance to partners capital acct.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / mudunoori
Suman Saab the distribution of nett profit among the
partners according to the sharing ratios. So there will be
no items in it.
Venkat saab the accounts noted in your answer were
included in the nett profit. Be revise the subject studied
in the past
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / rajeev chaturvedi
net profit for the year
less:-corporate tax
add:- p&l bal forward
less:- transfer to general reserve
dividend
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / svenkat.888
received interest and commision gross profit
| Is This Answer Correct ? | 2 Yes | 3 No |
ATTENTION PLEASE.All the answer posterors will be sent the complte key on the questions if requested thru mail id Answered but misspelled pl correct Happening as a consequence of transaction the reult is(Ans- TNEVE)
how a fund flow statement benefit the individual, corporate?
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
Why does one need a broker?
Expand-------NAC
where does preliminary expenses put in the balance sheet?
what is meant by credit derivative?
what is brs?
How does a company earns profits?
0 Answers BA Continnum Solutions,
If grant is receivable by head office, but it is directly received by branch then what entries should be passed in branch and head office in tally
Choose the right answer Which of the following is Nominal account 1.Sales 2.Customer 3.Dealesrship Deposit
From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900
Audit 
