Answer Posted / pallavi
all records of assets & liabilities prepared at the end of financial year. prepared to know the financial status of company for which balance sheet is prepared.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
Why an Expenditure is called Differed?
Mention whether the account "cash" will be credited or debited when a company pays a bill?
What are the fictitious assets?
how to pass entry in tally Rs 50000 cheque paid to son by father
what is ment by suspence account and dummy account
is WCT aplicable on educational institutions also??????
what is difference between budgeting and Forecasting
As an importer of goods through letter of credit, (payment is done through indian bank to foreign back), my question is who is liable to pay with holding tax when the payment is remitted to foreign bank, whether the buyer(importer) or the seller and why?
When their is one pick point and four unloading places with in same district their is need to write four number of way biils
what are the items falling under the category of reserves and surplus? whether bills of exchange is a reserves and surplus item 2.whther errors of omission will affect the trial balance
Do is it proper fo an engineer to head a bank without a good backgroud in accounting? ?
Tell me what a deferred asset is and give an example?
Tell me what is the difference between accumulated depreciation and depreciation expense?
salary and rent entry with tds deduct
Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy