asset = liab + equity , Asset = 120000 + 1 third of asset.
what is asset value.
Answer Posted / manikandan
30000
| Is This Answer Correct ? | 0 Yes | 3 No |
Post New Answer View All Answers
say something about your school
Explain under what type of account does the unearned revenues fall?
How much mathematics knowledge is necessary or required in accounting?
WHAT IS THE DEFINATIN OF IDENTICAL GOODS AND SIMILAR GOODS? WITH EXAMPLE?
can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power
Received Invoice from Tvs Co. against purchase of 15 pcs of Mouse @ 750 excluding VAT 4%, Pass journal entry in the necessary books of accounts?
MEANING OF RED HERRITING
Hi,Friends, I have a simple question in my mind that I have one head office that in faridabad and other branch in delhi,i purchase material in delhi for availing the tax benefit in delhi then i transfer the same material to head office(faribabad) agianst "F" form,i purchased material in delhi basic price rs. 5 +.42 taxes it comes rs. 5.42/-,my question is on which amount i should transfer the material from delhi to faridabad i.e 5,5.42 or 5 + freight(if any).kindly please solve my problem.
Explain what are the accounting events that are frequently involved in compound entries?
Explain financial accounting.
What are the uses of journal in accounting?
Assume that the real risk-free rate is 3% and that inflation is expected to be 8% on year 1,5% in year 2,and 4% thereafter.Assume also that all Treasury bonds are highly liquid and free of default risk. If 2-year and 5-year Treasury bonds both yield 10%,calculate the difference in the maturity risk premium on the two bonds.
Explain what a deferred asset is and give an example?
My question is on Opening & Closing Stock Suppose Closing stock of 2014-15 is Rs 30 lakhs & Also we filed return & ROC too for 2014-15. Opening stock for 2015-16 should be Rs 30 lakhs but we found that some purchase for feb & March 2015 Stock has been entered in tally Its taken directly to purchase split of stock not made & in sales to same of 2 lakhs no split of stock is shown. Those stock need to make changes in 2015-16 what was the process ? And what will be adjustment entry ?
How you can adjust entries into account?