Answer Posted / m. maruthi

Bank Account is a personal account. It comes under the category of Artificial personal account. Artificial persons are created by law and Real persons are members in it. So Bank account is a personal account.

Describe a time when you have not met your goal?

1036

---

purchase from interstate as applicable f form given to supplier & selling in local state as applicable local vat guide me as per law

1822

---

2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.

2280

---

Tell me what is project implementation?

1006

---

Please answer me for the followings 1. i taken an office on January @ rent 28000.00 for one year and i paid 14000.00 as first payment balance will be paid on august. in tally how we post this and under which account especially balance 14000.0 under which account. 2.i have taken a loan from mr. A the amount is 100000.00 on January and the interest i need to pay on march 21000.00 the interest which iam going to pay is liability not a expense and it will be a expense in future, how we can post this also in tally and under which account. please somebody guide me who knows regards niyas es

1864

---

how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry

4341

---

what are doucement required under registration of properity firm. give the answer breif

2012

---

how to pass journal entries for reverse tax on input tax paid

2730

---

Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?

4025

---

Hi wht r da questions which are mostly asked in an Accounts related job for freshers?

1935

---

for giving the salary in terms of cash to an employee for what minimum amount revenue stamp is reqired to paste the vouceher? up to what limited revenue stamp is required?

3414

---

Explain what is bank reconciliation?

3881

---

is it related to b.com syllabus or puc syllabus

2323

---

Can you tell me entry tax will be applicable on Spectacles purchase from u s a  

1902

---

PLEASE CLEARLY EXPLAIN WHAT IS MEANT BY TDS,CST,ADVANCE TAX,PF,PT,ESI.CLEARLY AS IF EXPLAINING TO LAY MAN

2610

---