Examples each for golden rules of accounting
- 31 Answers
- 191491 Views
- ABC, Accenture, BSNL, DELL, General Insurance Corporation, Genpact, IBM, Microsoft, Wipro, I also Faced
- E-Mail Answers
Answer Posted / sangeetha g
Dear All,
Anyone can tell Salary what type of account? Real or
Personal a/c?
| Is This Answer Correct ? | 348 Yes | 263 No |
Post New Answer View All Answers
we have received amount from others through debit/ credit cards. what is the ledger group of this? i am confused selecting the ledger group could you explain.
What is a contra entry
The main financial accounting statements?
When we are doing the reconciliation process in cash management please tell me what are the different status will happen and when will it happen. Please help me out.
could i know how to accounting lease intrest ?
saji become insolvant -what is journal entry
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?
Cheque Received From Customer What is accounting entry and in which vocher. coustomer order is 100 items . 5 items given to customer cost rs 2000 5 items Total 2000 and remaing 95 items not deliveried 100000 Cheque Received
what is loan operations and what are the complete process form from making customer to closure of loan
What is compound journal entry?
what is miscellaneous expenditure??
what is the relationship between cost accounting financial accounting and managerial accounting?
What is the difference in accounting and marketing and what is so different about them?
our cheque to Arshad Khan was dishonored?
under which accounting rule prepaid salary?
