Answer Posted / vishal
non residentioal indian
| Is This Answer Correct ? | 1 Yes | 5 No |
Post New Answer View All Answers
why the closing stock is not considered in drawing trail balance.... Are there any other items like the above
what did you mean by cash credit limit account ?
what is mean by provision ? give me examples ..
what is Calculation of Gross Profit Or Gross Loss?
what is the difference between financial accouning and financial management?
what are the content of purchase order?
What is meant by retiring Bill
What is compensation theorem?
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
What are motive behind mergers And acquisitions?
What is communicating
Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
what is the accounting conventions
what is portfolio Saint?
Short Answer on ______Budget