Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
From the following Trial Balance of Mr. Reddy, you are required to prepare Trading and Profit and Loss Account for the year ended on Mar 31, 2009 and a Balance Sheet on that date:
Debit Balance
Credit Balance
Particulars
Rs
Capital
-
1,00,000
Drawings
12,000
Sundry Creditors
40,000
Cash-in-hand
5,000
Cash-at-bank
11,600
Sundry Debtors
51,000
10% Loan (taken on Sep 1, 2008)
20,000
Provision for Doubtful Debts
4,000
Furniture
Machinery
28,400
Stock (Apr 1, 2008)
80,000
Purchases
1,80,000
Rent and Taxes
6,800
Salaries
18,000
Manufacturing Wages
25,000
Sales
2,80,800
Sundry Expenses
2,000
Insurance (including a premium of Rs 600 per annum paid Sep 30, 2009)
800
Commission
1,400
Carriage
Travelling Expenses
1,600
Bills Receivable
8,000
4,46,200
Adjustments
Which of the following formulas should be used to calculate the economic rate of return on common stock?
West County Bank agrees to lend Drake Builders Company $100,000 on January 1. Drake Builders Company signs a $100,000, 6%, 6-month note. What is the adjusting entry required if Drake Builders Company prepares financial statements on March 30?
The adjusted trial balance columns of the worksheet for Porter Company are as follows-complete the worksheet by extending the balances to the financial statement columns and prepare an income statement?
The ABC Co. has no debt in its capital structure, a beta of 0.8, and raises all funds through sale of common stock. The current market rate for similar stock is 14% and the risk-free rate is 6%.
a company pays its insurance on an annual basis. the insurance premiums are 18000 per year. the insurance coverage
the balance sheets at the end of each of the first two years of operations indicate the following if net income is
For the month of October, Pratt Corporation predicts total cash collections to be $1 million. Also for October, Pratt Corporation estimates its beginning cash balance will be $50,000 and that it will borrow cash in the amount of $70,000. If Pratt ..
Which of the following has the least effect on sample size:
consider the key persuasive techniques used in consumer advertising. ltbrgtwrite a 350-word paper about critical issues
Obtain at least two years of financial information pertaining to General Motors company from its most recent annual report (10-K).
Assume you are reviewing a company's annual report. In addition to actual revenues reported in the income statement, what other information disclosed would give you help in estimating this company's future revenues?
brandywine homecare a not-for-profit business had revenues of 12 million in 2011. expenses other than depreciation
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd