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Answer Posted / shubham
A suspence account is a artificial account which is used to
rectify an account........
| Is This Answer Correct ? | 18 Yes | 1 No |
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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.
What is the difference between consigner and consignee?
If balancing account is not assigned to company & is assigned to department wat will be the effects
get fixed assets items
what is use of cost category ? which type is useful in accounting work ? give answer with solid example because iam slow learner in accounting line.
What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?
What is an operative accounts?
In which term & condition excise invoice raises & for what excise invoice raise?
Explain me fair value accounting?
What are the 4 principles of gaap?
What is icai?
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 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.30 million per annum. The plant can be sold for 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 annum 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 installment of the financial institution loan. (4) should the company borrow from the bank of from the financial institution?
total assets are equal to total liabilities in final accounts ?why?
If a transaction was missed completly how do you find it?
what is t code of gr/ir report?
