Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / ashabul
All income are debit And all spend are credit
| Is This Answer Correct ? | 1 Yes | 4 No |
Post New Answer View All Answers
in terms of accounting the trial balance when is it taken?
How to get C forms in online? Plz give me Processor Thanq
The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.
Tell me what is working capital?
What is batch input? why we use batch input session in SAP(FICO)?
Tell me what is project implementation?
Let me know the liability positions of Partners
Tell me what is the general classification of accounts that usually ledger account involve?
How to make privision in SAP. (Please revert on the possibility of making this happen at PO Stage)
What is definition of a cash float in accounting?
how to solve cashbook question
What is a ledger? What do you mean by ledger posting?
what is the journal entry can be passed for an opening balance (bank, fixed asset, provisions)to the new software
what are the different types of expenditures considered for the purpose of accounting?
my company taken a hdfc car loan rs.355493/= but bank received only 347345/= .after received the amount company purchase the car. after that regular emi paid to hdfc bank.
