accounting theory and practice 1st year mcom, Accounting Basics

Assignment Help:

Acid test ratio = 2.5,
current ratio = 1.5
net working capital = 10,00,000
fixed assets =?
Share holder''s fund = 15,00,000
Stock inventory =?
Bank overdraft =?
Share capital =?
Proprietary ratio = 0.75 ( fixed assets / share holders fund )
Reserves = 1,25,000
Long term loans = 1,25,000
debentures = 10,00,000

Related Discussions:- accounting theory and practice 1st year mcom

Marginal costing, Which statements about marginal costing are correct? 1...

Which statements about marginal costing are correct? 1. The marginal cost of a product involves an allowance for fixed overheads. 2. The marginal cost of a product presents t

Scope of accounting, The range of accounting can be presented in a diagramm...

The range of accounting can be presented in a diagrammatic form. Data collection and creation is the area that provides raw material for accounting. The data collecte

Management accounting, The advent of management accounting was the subseque...

The advent of management accounting was the subsequently logical step in the developmental method. The practice of utilizing accounting information like a direct aid to management

Determining needed adjustments, Determining needed adjustments Adjustme...

Determining needed adjustments Adjustments are required since certain changes take place during the accounting period. As time passes, although, the value of the asset is consu

Concepts of accounting, Q. Concepts of accounting? - The major underlyi...

Q. Concepts of accounting? - The major underlying assumptions or else concepts of accounting are (a) business entity (b) going concern (continuity) (c) money measurement (d) st

Explain about trial balance, Q. Explain about Trial balance? Trial bala...

Q. Explain about Trial balance? Trial balance -- at the close of an accounting period, transactions posted in the ledger areadded up. A trial or test balance sheet is prepared

Adjusting entries, what is the matching rule applied?

what is the matching rule applied?

Preoaration of journal entries for partnership liquadation.., tugade ,masin...

tugade ,masinsin and biore are all famous athletes who have been operating a sports memorabilia store for how many years .The partnership decided to liquadate its operation rather

What are your co-workers like, They are likely to tests for tact, diplomacy...

They are likely to tests for tact, diplomacy, and with descriptive skills.

Net realizable value , A)Guerrero Company occupied in the following events ...

A)Guerrero Company occupied in the following events during 2012: 1. Began operations by issuing common stock to investors for $40,000 cash 2. Given services to customers on a

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages