Interested to Buy Any Domain ? << Click Here >> for more details...
entry for outstanding expenses
- 25 Answers
- 45049 Views
- Adidas, Capital IQ, Ernst Young, I also Faced
- E-Mail Answers
Answer Posted / rehanariha
Outstanding expe in balance sheet assest side and profit and
loss debit side
| Is This Answer Correct ? | 2 Yes | 23 No |
Post New Answer View All Answers
Tell me how many types of business transactions are there in accounting?
Tell me what steps would you take to increase revenue for this company?
audit under section and penalty under saction scurtiny under saction
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
What is the difference between General Ledger and Ledger?
Under the accrual basis of accounting, when revenues are reported in the accounting period?
What are the two most important Factor that should be kept in mind when there is a buy back of shares in companies as per indian companies act,1956
What qualities have you got that would make you a good accountant?
Explain the concept of responsibility accounting
what is service tax & excise? How will it be charged?
Explain what does the standard journal entry includes?
How new/innavtive assets are to be treated under IFRS?
What is the difference between cfa and csa?
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?
under which ledger should i make opening work in progess and closing work in progress
