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trial balance as at may 31 19*6 dr cr sales 400000 purchases 350000 sales return 5000 purchases return
Assume in Balance sheet Furniture is given @ rs.1200000. and an adjustment tells that half of the building is used for residential purpose... then what is treatment in accounts?
The widget industry is perfectly competitive. The industry demand and supply functions for widgets are given below. Q d = 424 - 40P Q s = 40 + 8P a. What is the equi
how do i prepare a multilevel and single step income statement
Ower invested cash in the company along with equipment at market value, the amount is considered part of capital or revenues?
Q. Explain about trade discount? A trade discount is a percentage deduction or else discount from the specified list price or catalogue price of merchandise. Companies utilize
what are the activities in the business organization
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 =
A client comes to you for investment advice on his $500,000 winnings from the lottery. He has been offered the following options by three different financial institutions and reque
Under both GAAP and tax depreciation, an asset cannot be depreciation until it has been
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