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The Trial Balance of M/S Ram & Co,Shows chosing stock of
Rs,30000. It will be recorded in: - ..................
(a) Trading A/c; (b) Profit & Loss A/c; (c) Balance Sheet;
(d) Both (a) & (b)
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Answer Posted / devi
BALANCE SHEET
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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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