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Answer Posted / murali royal
If it is Net loss then we have to deduct from capital at
Liabilities side in the balance sheet.
If it is Loss on sale of an asset then we have to deduct from
the appropriate asset at assets side of balance sheet.
| Is This Answer Correct ? | 67 Yes | 6 No |
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You are given the following information in respect of a company: Fixed cost –Rs.13,000 Variable cost –Rs.14,000 Net profit –Rs.3,000 Net sales-Rs.30,000 Find out: a>BEP b>The profit for sales volume of Rs.50,000 c>The volume of sales to make a profit of Rs.10,000
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