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Answer Posted / mohd.rais
subsidiary book is a book in which we can record day-to-day transaction in a book and we can easily find out where we have recorded all transaction
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whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account
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How do you plan to achieve these goals
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3. You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
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