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Topic :: Balance
The trial balance cheks: 1)Arithmetical mistake 2)honesty of the book keeper 3) valuation of the closing stock 4) nature of the business
3 5461What is the configuration of 1) Balance Interest Calculation 2)Item Interest Calculation. Why to use it? & What is the differece in between.?
3 10199From the following Trial Balance of Seema Garments as on 31st Dec., 2007, prepare Trading Profit and Loss Account and Balance Sheet: Dr. Rs. Cr. Rs. Opening Stock 15000 Purchases and Sales 109000 180000 Manufacturing Wages 8000 Fuel, Power and Lighting 12000 Salaries 11000 Income Tax 5500 Loan to Mr. X at 10% pa. 5000 Interest on Mr. X’s Loan 300 Apprentice Premium 4500 Rent 4000 Rent Owing 600 Furniture (includes furniture of Rs.1000 purchased on 1st July, 2007) 5000 B/R and B/P 6000 1600 Plant 72000 Debtors and Creditors 28000 13000 Capital 100000 Cash 19500 300000 300000 Informations: 1. Closing Stock was valued at Rs. 30,000. 2. Goodsworth Rs. 5000 was sold on 28th December, but no entry was passed to this effect. 3. Goods costing Rs. 7000 was purchased and included into Stock but no entry was passed to record the purchases. 4. Create a provision of 2% for discount on debtors. 5. Apprentice premium received on 1st January, 2007 was for 3 years. 6. Depreciate the furniture by 10% p.a. 7. Salaries for the month of December, 2007 are still outstanding.
2 13461What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books
2216I want to attend an international conference in USA to present my paper. am a Ph.D student. I have a visa interview on 6th october 2010. what should be my minimum bank balance? yet to get a travel grant letters from govt. funding agencies.
5362how to match closing balance and opening balance of bank statement & closing balance and opening balance of bank reconcilation statement ?
2 5749
Describe a opening balance?
How a balanced equation can be used to find the mass or volume of an unknown quantity in a stoichiometry?
How does overpopulation effect ecological balance?
How do you balance the need for quality work, customer satisfaction and profitability?
what is the diff between balance, account, none (automatic offset methods)?
i had been rejected once..,now if i remove my money which i have borrowed and the passs book entry and balance certificate of the previous one, would it do for the next interview or i have to make again new statements for just 10 days??
Introduction Mangalore Refinery and Petrochemicals Limited (MRPL) and Reliance Petroleum Limited (RPL) Table 1 : MRPL’s Income Statement and Balance Sheet (Rs. in mn) Particulars April 1999 – March 2000 April 2000 – March 2001 April 2001 – march 2002 Net Sales 30212.04 28891.50 53714.40 Other Income 701.37 524.50 439.90 Total Income 30913.41 29415.70 54154.30 Expenditure (30112.79) (27917.50) (51587.00) Interest (2369.59) (2378.30) (6722.90) Depreciation (1427.63) (1728.60) (3633.50) Tax (0.24) (0.30) 2864.30 Total Expenditure (33910.25) (32024.70) (61943.40) Profit after Tax (2996.84) (2609.00) (4924.80) Equity 7921.00 7921.00 7921.00 Reserves 1714.50 (1506.96) (4489.56) Debt 54082.97 50516.52 55356.94 . Table II : RPL’s Income statement and Balance Sheet Particulars April 2001 – March 2002 April 2000 – March 2001 Net Sales 331170.00 309630.00 Other Income 3550.00 2200.00 Total Income 334720.00 311830.00 Expenditure (299430.00) (279090.00) Interest (9550.00) (10320.00) Depreciation (8020.00) (6610.00) Tax (980.00) (1170.00) Total Expenditure (317980.00) (297190.30) Profit after Tax 16740.00 14640.00 Equity 52020.00 47488.10 Reserves - 34974.20 Debt - 74921.30 Table III : Quarterly Closing Prices (04/30/1996 to 09/30/2002) Date BSE-30 RPL MRPL 04/30/96 3376.64 14.75 32.50 06/28/96 3731.96 12.90 28.25 09/30/96 3519.42 10.25 19.35 12/24/96 2883.88 10.40 20.60 03/31/96 3360.89 12.70 17.65 06/30/97 4256.09 17.40 18.10 09/30/97 3902.03 19.00 21.60 12/31/97 3658.98 23.55 19.85 03/31/98 3892.75 20.50 19.25 06/30/98 3250.69 20.00 16.15 09/30/98 2812.49 17.60 13.90 12/31/98 3055.41 18.80 12.90 03/31/98 3739.96 18.70 10.30 06/30/99 4140.73 27.05 19.00 09/30/99 4764.92 46.90 21.00 12/30/99 5005.82 65.70 16.70 03/31/00 5001.28 60.04 12.35 06/30/00 4748.77 53.95 9.90 09/29/00 4090.38 56.75 8.80 12/29/00 3972.12 56.60 8.80 03/30/01 3604.39 48.55 7.70 06/29/01 3456.78 47.00 6.85 09/28/01 2811.66 29.75 6.30 12/31/01 3263.33 29.30 6.80 03/28/02 3469.35 25.85 6.80 06/28/02 3244.70 24.05 10.00 09/30/02 2930.51 23.10 7.65 Questions 1. Calculate the average return and risk on shares of RPL and MRPL during the period 1996-2002. divide the total risk on each of the stocks between systematic and unsystematic components. Calculate each of the components as a percentage of the total risk.
Process of resolving a specific problem Problem helps to enhance your ability to live life happily. Yes, it looks stupid when somebody say something like this. But it is true. If you say, “how?” I explain how. When there is a problem in ones life, he tries to solve it. Once he solves the problem the satisfaction of solving the problem which he feels has no words. You can see it in his eyes, on his face, in his footsteps, and not the least all around where he is. So tell me, it works? So never give up in your life. Live the life with problem, because life’s other name is problem. No one on the earth saying he or she has no problem. One who does not say that I have problem but try hard to solve the problem is the person who live life happily. There are two system of solving the particular problems. One is: solve intuitively. Two is: solve systematically. From my point of view, solving the problem systematically is much easier, more balanced and logical. To solve the problem systematically there are some instruction like relaxing head for some time, think on problem and the solution. One must not mix two things together in such a way that you can not differentiate them. If essential, there should be different solutions for different problems. In solve problem systematically, one come across five types of questions or we can view it as steps to solve the problem. They are: 1 What are the sources of problem is means “establish the goal”: “To live is to have problems and to solve problems is to grow intellectually.” (J. P. Guilford) No problem exists in the absence of an objective. We need to know exactly what and where we want to arrive at in order for us to properly determine our track and direction. Knowing our direction is an important aspect in problem solving, as what Diana Ross said, “Do you know where you’re going to?” 2 What the problem is exactly means “identify and define the problem”: “Microsoft is company that manages imagination” (Bill Gates). It is definitely related to imagination i.e. asking ourselves what is the problem and to seek to understand more why we think there is the problem is recognized what caused it in order for us to get an objective. 3 What are the solutions of problem means “set your priorities”: “The best way to get a good idea is to get a lot of ideas” (Linus Pauling) Bifurcation between which solutions are “must” and which are “want” is difficult task. The solution which must be taken to solve the problem is listed out. Therefore it is said that “the only joy in the world is to begin.” (Cesare Pavese). 4. Which solution is best among all means “brainstorm for solution”: “That human mind is like a parachute – it functions better when it is open.” (Cole’s Rules) As per this narration, I can say that brainstorm for the solution to the problem is must. When you ask for the opinion of other, you can decide upon what to do and don’t. 5. What action to be taken to solve the problem means “plan your course of action”: “It is not enough to just do your best or work hard. You must know what to work on” (W. Edwards Deming). Plan your course of action with regard to the resources needed to implement the solution. In Living a Life That Matters, Harold S. Kushner (the Massachusetts rabbi whose best selling books include When Bad Things Happen to Good People) suggests that the most successful lives are the ones that most effectively manage and resolve that problem. In a nutshell, to solve the particular problem, Rene Descartes says that “It is not enough to have a good mind; the main thing is to use it well.” FIND OUT GRAMMATICAL ERROR?
WHAT IS THE MEANING OF BALANCED / UNBALANCED IN STABILIZER TYPES.
hi,i am jignesh from vadodara, i completed my diploma in food beverage from singapore in city&guilds from uk& also completed one yaer cert.corse in hotelmanagement in vadodara i have experience in taj residency in vadodara,about 3 years as a apprentice,now i plan to study in uk i want ask u which quetion he is asked in interview and if any person sponsor me in uk is it required to saw bank balance and which course i select in uk.is it extend my study in uk . in uk student visa IELTS is compulsory.
can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with Accounting codes?
what is ZBA hold & balance hold in banking?
what is balancesheet adjustment a/c. what is the use of this a/c in sap fico
Write a test case plan for a typical banking application which involves functionalities like Balance enquiry, deposit, fund transfer etc. Make your assumptions and mention the same in your answer sheet.
Write a test case plan for a typical banking application which involves functionalities like Balance enquiry, deposit, fund transfer etc. Make your assumptions and mention the same in your answer sheet.
