Answer Posted / c.chandra babu
the amount which is used to make a daily operational
activities is called working capital
working capital is two types
1.gross working capital=total curent assets
2.net working capital=currents-curren liabilities
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
would gross expenditure vouch the correctness or otherwise of the given expenses?
reason for difference in Balance sheet (Asset side & Liabilites side)
What is Goods Lost by Fire/Accident/Theft ?
We have two mandatory qualifiers nature of accounts and balancing segment, which will balance the debit and credit and recognize the nature of accounts, my question is what other qualifiers do. Like management. Thank you.
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
Hi, I am doing Data Entry jobs in Accounts. please let me know "How to maintain Medical stores accounts"?
What do mean by Computerization of accounts
Short Answer on _________Accounts Receivable
legal accounting methods to reduce profit of a partnership firm so as to reduce the tax liability?
hi, what type of questions are asked in capital iq interview .plz let me know. thanks... venkat...
what s BSPL and its significance?
Mention some of the major contributions made by you in your present and previous jobs
Exapnd--------RAN
Transfer nett profit of Rs 325000/- to Reserves and Surplus
What is meant by Nostro Reconciliation