Answer Posted / vimala
Debit invoice, Credit invoice, Paper invoice, Web invoice
Is This Answer Correct ? | 0 Yes | 3 No |
Post New Answer View All Answers
what is a difference between public and private accounting?
Tell me in balance sheet, where do you show tds?
Mention what does the investment of personal assets by the owner will do?
What is the difference between personal account real account and nominal account?
What accounts are to be debited and credited in this case o
Case Study: Deepak Hand tools Private Limited DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in Haryana. The company’s sales in the year ending on 31st March 2007 were Rs.1000 million (Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of return of the company is 14 percent. The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30million per annum. The plant can be sold for Rs.55 million at the end of its economic life. The company would need to raise debt to the extent of Rs.200 million. The company has the following options of borrowing Rs.200 million: a. The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annual installment of interest and repayment of principal. b. A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: 1. Should the company expand its capacity? Show the computation of NPV 2. What is the annual installment of bank loan? 3. Calculate the quarterly installments of the Financial Institution loan 4. Should the company borrow from the bank or from the financial institution?
Do you know how many types of business transactions are there in accounting?
If i pay for general expense (and party provide me gst details) through credit card then how i can enter party details
we can transfer stock between two firms with same name but prop. is different.
Let me know the liability positions of Partners
What is vendor?
What is invoice processing can u explain it?
Tell me do you have any professional experience of this field?
What have you read in the newspapers in the last few days that particularly interested you?
saji become insolvant -what is journal entry