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1401.

On 15th July, a company purchased 2000 kgs Rs.12 per kg and on 20th July - 4000 kgs @ Rs.18per kg. If the Closing Stock is 500 kgs to be valuedas per FIFO method, the value will be600090006500Save & NextSkip​

Answer»

ong>Answer:

Science, any system of knowledge that is CONCERNED with the physical world and its phenomena and that ENTAILS unbiased observations and systematic experimentation. In general, a science involves a pursuit of knowledge COVERING general truths or the operations of fundamental LAWS.

1402.

How to calculate profit when opening stock gross profit drawing are given?​

Answer» ONG>ANSWER:

HI!

EXPLANATION:

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1403.

Cost Price Method 1. C of Calcutta sent 100 bicycles to B of Mumbai to be sold on consignment basis on 1.1.2014. The cost of eachbicycle was 800, C incurred 500 for freight, R 750 for cooli charges and 3 850 for insurance premium.On 31.12.2014, C received on Account Sales from B, which showed that he sold 80 bicycles @ 1,200 each andafter deducting his commission and expenses amounting to 20,000, he sent the balance amount by a draft with theAccount Sales. According to contract, B is entitled to get ordinary commission @ 10% and del credere commission@5% on sale proceeds. Show important Ledger Accounts in the books of both the parties.2. On 1st January, 2014 Sadhan Sen of Sodepur sent 1,000 units of silk goods to Biren Bose of Berhampur The goodscost 75,000 to Sadhan and these were sent on consignment basis. Sadhan had to incur an expenditure of 1,500on the goods. On the due date, the goods reached the destination and Biren had to spend on the goods 1,000 onvarious accounts.On 30th September, 2014 an Account Sales was received by Sadhan showing that 750 units were sold at * 150 each.Biren charged 5% ordinary commission and 7/2% del credere commission. The consignee sent with the AccountSales a sight draft for 90,000 only.You are required to prepare the Account Sales and the necessary Journal entries and Ledger accounts in the booksof both the parties.3. On 1st January, 2015, C of Calcutta sends 1,000 boxes of clothing to M of Madras on consignment basis. The goodsin each box cost *200. C pays railway freight and insurance 500 and draws upon M a bill for 10,000 which isduly accepted.On 2nd April, 2015, M forwards an Account Sales to showing that 500 boxes have been sold at 250 per boxwhile 300 boxes were sold at * 260 per box and 200 boxes remained in stock unsold. The expenses incurred by M​

Answer» ONG>ANSWER:

what is this

Explanation:

what is this

1404.

Rent in trial balance is 360adjustments; 3 month rent outstanding...​

Answer»

ong>Explanation:

ADJUSTMENT in PROFIT and loss account

rent- rent outstanding

360-90=270

adjustment in balance SHEET

add rent outstanding account in liability side of balance sheet with amount 90 rupees

1405.

3:16) is a tallied Trial Balance a conclusive proof of accuracy of the ledger accounts? Give one error which may still remain even if the trial balancetallies?3:17)Under the Companies Act,all companies are required to maintain theiraccounts according to :a) Cash basisc)Either cash or accrual basisb) Accrual Basisd)None of the above3:18)Classiry the following into Real, Personal or Nominal Accounts:a)Commission Accruedb)Commission Paid2:19)When closing capital is more than opening capital, it denotesa)Profitc)No profit, no lossb) Lossd)Profit, if there is no introduction offresh capital2:20)If capital at the end of the year is Rs40,000, Capital introduced during the year is Rs30,000,drawings forhe year Rs20,000 and the loss for the year is Rs60,000, thetsvapital at the beginning of the year is:a)Rs90,000c)Rs70,000b)Rs80,000d)Rs 10,000​

Answer» ONG>ANSWER:

hsjekririehrbrkrkrj

Explanation:

ugfjikdjdvdjeirirueehe

1406.

"Accounting is known as Financial Information System". Explain.​

Answer» ONG>Answer:

An accounting as an information system (AIS) is a system of collecting, storing and processing financial and accounting data that are USED by decision makers. An accounting information system is GENERALLY a computer-based method for tracking accounting activity in conjunction with information technology resources.

1407.

The management of RT Ltd. has called for a statement showing the working capital need to finance a level of activity of 2,00,000 units of output for the year. The cost structure for the company’s production for the above level of activity is (per unit) : Raw materials Rs. 30 Direct labour Rs. 15 Overhead (including depreciation @ 6 per unit) Rs. 15 Selling price Rs. 80 Other Information : a) Minimum desired cash balance is Rs. 4,00,000 b) Raw materials are held in stock, on an average for 1 month c) Work in progress (assume 50% completion stage) will appropriate to 1 months production d) Finished goods remain in warehouse, on an average for 2 months e) Supplier of materials extend one month credit and debtors are provided 2 months credit. Cash sales are 20% and credit purchase is 75% of purchase f) There is a time lag in payment of wages one month and half a month in case of overheads Prepare a statement of working capital requirement.

Answer»

ong>Answer:

The management of RT LTD. has called for a statement showing the working

capital need to finance a level of ACTIVITY of 2,00,000 units of output for the

year. The cost structure for the company’s production for the above level of

activity is (per unit) :

RAW materials Rs. 30

Direct labour Rs. 15

Overhead (including depreciation @ 6 per unit) Rs. 15

Selling price Rs. 80

Other Information :

a) Minimum desired cash balance is Rs. 4,00,000

b) Raw materials are held in STOCK, on an average for 1 month

c) Work in progress (assume 50% completion stage) will appropriate to 1

months production

1408.

A company having a net working capital of Rs. 2.8 lakhs as on 31st March 2019 indicates the following financial ratios and performance figures. Current ratio 2.4 Liquidity ratio 1.6 Inventory turnover ratio 8 Gross profit on sales 20% Credit allowed (months) 1.5 The companies fixed assets is equivalent to 90% of its net worth (share capital plus reserves) while reserves amounted to 40% of share capital. Prepare the Balance sheet of the company as on 31st March 2019 showing necessary calculations. 10

Answer»

ong>Answer:P>

Answer I THINK am not sure what sure I have am in a short time of p people who are aware of this problem in t and you will NEED can you do a BETTER job of the

1409.

Bank loan Account shows-------------​

Answer»

ong>Answer:

Loan' account is debited in the JOURNAL ENTRY for a loan payment.

1410.

18000 • prime cost 9000, factory cost = 11400, cost of production - 13680, total cost = 14040 and sale =what is profitA 3960B.O 3970CO 3990DO 3920​

Answer» ONG>ANSWER:

AGAR nahi aye to batana

Explanation:

khud SOLVE KARO

1411.

Anbu purchased a machine on 1 April 2015 for Rs. 4,00,000. The life of a machine is 3 yrs and estimated Residual Value is Rs. 40,000 calculate Depreciation​

Answer» ONG>ANSWER:

Yo Yo HONEY Singh

Badshah

RAFTAAR

1412.

12. Write a note on 'Analysis of Overhead Variance'אמברוויץ הזה די -​

Answer»

ong>ANSWER:

Overhead COST variance can be defined as the difference between the standard cost of overhead ALLOWED for the ACTUAL output achieved and the actual overhead cost incurred. ... In other words, overhead cost variance is under or over absorption of overheads.

1413.

Q.8 Amount of capital used bycompany for day to day operations ------------​

Answer» ONG>Answer:

EXPLANATION:

Capital used by COMPANY for DAY to day OPERATIONS is Working Capital .

1414.

Q.11 The Capital Employed is Rs. 200000/-, Average profit for last 3years is Rs. 40000/- & the normalrate of return is 15% Calculate thegoodwill at 4 years purchase of Superprofit?​

Answer»

will = Rs. 40,000

Explanation:

Given :

  • Capital EMPLOYED = Rs. 2,00,000/-
  • AVERAGE profit for LAST 3 YEARS = Rs. 40,000/-
  • The Normal Rate of Return = 15 %
  • Number of years purchase = 4 years

To find :

Solution :

Goodwill = Super Profit × No. of years Purchases

Normal Profit = Capital Employed × Normal Rate of Return

⇒ 2,00,000 × 15/100

⇒ 30,000

Normal Profit = Rs. 30,000

Super Profit = Average Profit - Normal Profit

⇒ 40,000 - 30,000

⇒ 10,000

Super Profit = Rs. 10,000

Goodwill = Super Profit × No. of years Purchases

⇒ 10,000 × 4

⇒ 40,000

Goodwill = Rs. 40,000

Goodwill = Rs. 40,000

1415.

13. एक कंपनी हैa) अलग कानूनी इकाई b) स्थायी अस्तित्वc) सीमित देयता d) उपरोक्त सभी​

Answer» ONG>ANSWER:

मुझे लगता है a) अलग कानूनी इकाई

EXPLANATION:

फॉलो करा

1416.

If beginning work in progress equivalent unit is 2500 units. Work done in current price equivalent unit is 3800 unit & units completed is current period 4000, then ending work in progress equivalent units will be.​

Answer» ONG>ANSWER:

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1417.

20. If probability is 15% and possible returnis 20% then the expected return is​

Answer»

ong>Answer:

Expected return is calculated by multiplying potential outcomes (RETURNS) by the chances of each outcome OCCURRING, and then calculating the SUM of those results (as shown below). In the short TERM, the return on an investment can be considered a random variable.

do as directed

flw me

1418.

5.Sweta, Geeta and Jyoti are equal partners. Geeta retires. Geeta's share is gained by Sweta and Jyoti equally. New profit and loss sharing ratio of Sweta and Jyoti will be...(A) 3:1 (B) 2:1 (C) 1:2 (D) 1:1​

Answer» ONG>(D) 1 : 1

New profit and loss sharing ratio of Sweta and JYOTI will be 1 : 1

Step-by-step Explanation:

Solution :

Old Ratio :

Sweta, Geeta and Jyoti are equal partners

So,

Sweta : Geeta : Jyoti = 1 : 1 : 1

Sweta's Share = \sf{\dfrac{1}{3}}

Geeta's Share = \sf{\dfrac{1}{3}}

Jyoti's Share = \sf{\dfrac{1}{3}}

Geeta retires, Geeta's Share is GAINED by Sweta and Jyoti equally :

Geeta's Share = \sf{\dfrac{1}{3}}

Share of Geeta taken by Sweta =

\sf{\longrightarrow{\dfrac{1}{3}  \:  \times  \:  \dfrac{1}{2}  \:  =  \:  \dfrac{1}{6}}}

Share of Geeta taken by Jyoti =

\sf{\longrightarrow{\dfrac{1}{3}  \:  \times  \:  \dfrac{1}{2}  \:  =  \:  \dfrac{1}{6}}}

New Profit Share = Old Profit Share + Share taken from Geeta

Sweta's New Share =

\sf{\longrightarrow{\dfrac{1}{3}  \:  +  \:  \dfrac{1}{6}  \:  =  \:  \dfrac{2 \:  +  \: 1}{6} \:   =   \: \dfrac{3}{6}}}

Jyoti's New Share =

\sf{\longrightarrow{\dfrac{1}{3}  \:  +  \:  \dfrac{1}{6}  \:  =  \:  \dfrac{2 \:  +  \: 1}{6} \:   =   \: \dfrac{3}{6}}}

New Profit Sharing Ratio = Sweta : Jyoti

\sf{\longrightarrow{\dfrac{3}{6}  :  \dfrac{3}{6}}}

\longrightarrow 3 : 3 = 1 : 1

New profit and loss sharing ratio of Sweta and Jyoti will be 1 : 1

1419.

Total unitdb16000, production cost 13,44,00 calculate per unit .​

Answer»

ong>ANSWER:

Explanation:

We are provided with total production COST = 13,44,000

Total units PRODUCED = 16,000

Hence PER unit cost = Total production cost / Total units produced

= 13,44,000 / 16,000 = Rs 84

Hence cost per unit to produce the utility is Rs 84

1420.

Koi ne bulava mate vaprato sabdh​

Answer»

ong>EXPLANATION:

Can UNDERSTAND daer uur question.

SORRY

1421.

Goods costing 40000 sold at a profit of 10% on cost 50 % of the amount received immediately accounting equation

Answer» C DR. 40000
To GOODS A/c 30000
To P/L A/c 10000
1422.

Status of the firm upon the dissolution of partnership?

Answer»

ong>Answer:

The Supreme Court held that post-dissolution of firm each partner BECOMES entitled to his SHARE in the profits of the firm post the settlement of accounts as per Section 48 of the INDIAN Partnership Act, 1932. The INTEREST of the partners is in ACCORDANCE with the proportion of their share in the firm. best of luck.

1423.

What is Debit note and which book is prepared on the basis of it​

Answer»

ong>ANSWER:

DEBIT NOTE ACTS as a source document to the purchase return journal. It is an evidence for the OCCURRENCE of a reduction in expenses. When a purchaser returns goods to supplier which he had earlier purchased, he will at the time of returning goods is required to send debit note to seller or supplier of goods.

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1424.

060633 ENGASQuestion No. 7. calculate profit as per financial account in cost account under expenses/over income 2470 in, cost account over expenses/ under income 3000 profit as per cost sheet 19,770Answer​

Answer»

ong>ANSWER:

PLEASE thanks my all ANSWERS

1425.

Excces of aasets over liabilities is ?​

Answer» ONG>ANSWER:

SURPLUS is the answer....

1426.

% of manufacturing expences to prime cost manufacturing expences =2,40,000 prime cost = 9,00000AnswerA. 26.66%B. 27.44%C. 30.14%D. 31.11%​

Answer» ONG>ANSWER:

OPTION A.26.66 PERCENT

1427.

Which is an open word class ?​

Answer»

ong>Answer:

In English grammar, open class REFERS to the CATEGORY of content words—that is, parts of speech (or word classes) that readily accept new members, as CONTRASTED with closed class, which do not. The open classes in English are nouns, lexical verbs, ADJECTIVES, and adverbs.

1428.

9. From the following information calculate Gross Profit Ratio: 2 Cost of goods sold Rs. 900000, Sales Rs. 1200000.Which items are included in Current Assets ? (any four)Or​

Answer»

rong>SOLUTION :

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Given :-

  • Cost of Goods Sold = Rs. 900000

\\

To Find :-

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Required Formula :-

  • Gross Profit = Net SalesCost of Goods Sold

\\

Calculation :-

\\

[ As sales return is not mentioned in the question, therefore, sales is considered as Net Sales. ]

Using the formula of Gross Profit,

  • Gross Profit = Net SalesCost of Goods Sold

➜ Gross Profit = Rs. 1200000 — Rs. 900000

∴ Gross Profit = Rs. 300000

  • Hence, the Gross Profit is Rs. 300000.

_________________________________________________________

ANSWER :

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Current Assets :-

  • Current assets include those assets which are meant for sale or which can be converted into cash within a short period of one year. Current assets are those assets which are made or ACQUIRED and help for a certain period of time with a view to reselling them at a profit in the ordinary course of business.

Example of some Current assets are :-

  • ✎ Debtors

  • ✎Cash in Hand

  • ✎ Cash at Bank

  • ✎ Bill Receivable

  • ✎ Prepaid Expenses

  • ✎ Accrued Income

1429.

If Cost incurred for work in process inventory is Rs.3,50,000 and total equivalentunits completed till date are 3500, thenweighted overage cost will be.AnswerA.1200B. 1000C.100D. 10​

Answer» ONG>ANSWER:

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Explanation:

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1430.

Nora the Explorer was travelling and came to a checkpoint in the jungle. The checkpoint had three trees with purple, yellow and white orchids. Each tree had a wooden postbox the same color as the flowers on it. Each postbox contained two maps. Each map had a route on it - two of them of 25km each, two of them of 15km each, and the last two of 10km. One each postbox is a statement:Purple postbox: The purple and white trees have a 10km map each.Yellow postbox: The yellow and purple trees have a 25km map each.White postbox: The white and yellow trees have a 15km map each.On the ground in front of the trees is a sign that says: "Only one of the three trees has an honest statement, it will have the shortest route to your destination."What is the length of the shortest route that Nora can possibly take

Answer» ONG>Answer:

25

Explanation:

BCOZ SMALLEST is of WHITE -10+15=25

1431.

If stock is of rs 10000 what is the valu of stock if it's marketvalue ratio is 2:3​

Answer»

ong>Answer:

if STOCK is of rs 10000 what is the valu of stock if it's marketvalue RATIO is 2:3

1432.

Calculate the units of closing stock of finished goods amount ofclosing stock of finished goods rs90,000 cost of production per unit=600AnswerA.150B. 200C.160D. 190​

Answer»

ong>ANSWER:

FOYER gift our out

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1433.

3. A place where shooting of films and serials are done.one word use of discribe them​

Answer»

ong>ANSWER:

set is the answer.

hope this HELPS you

if so please mark this answer as the BRAINLIEST answer

1434.

What is the solution of it​

Answer» SE UPLOAD the full question as it is INSUFFICIENT information for doing all adjustments

1435.

Loss oF fire material is Debited To which Account​

Answer»

ong>Answer:

The goods destroyed by fire is CONSIDERED to be LOSS for the business and is CLASSIFIED as a nominal ACCOUNT. Therefore, according to the rule of nominal account, all the expenses and losses are to be debited. Hence, "Loss by fire A/c" is debited when goods are destroyed by fire and "purchases A/c" is CREDITED.

1436.

2. The value of the bond is defined as Oa) Present value of interestpayments it getsOb) Present value of contractualpayments it gets till maturityOc) Present value of future interestflows and redemption valueO d) None of the above​

Answer»

Explanation:

answer is b ( PRESENT value of comtractual PAYMENTS it GETS till MATURITY ) .

1437.

Loss of material by fire isdebited to​

Answer» MATERIAL by FIRE is CHANGED to CHEMICAL
1438.

Question No. 1 materials= 1,20,000, wages=72,000, factory on cost =43,000, officeon cost= 48,000 sales= 3,40,000 whatis net profit​

Answer» ONG>ANSWER:

no PROFIT is there ,there is only LOSS

1439.

calculate profit as per financial account profit as per cost 36420 in cost account over expenses/under income factory on cost 64400 office on cost 37680 in cost account under expenses/over income nil​

Answer» ONG>ANSWER:

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1440.

इंटरप्राइजेज रिक्वेस्ट पाइपलाइन वर्क सर्टिफाइड 60% पेमेंट फ्रॉम द पर एक कांट्रेक्टर इज इक्वल टू द अमाउंट ऑफ पेमेंट इज इट इज 142000 प्लस 6​

Answer»

ong>Answer:

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The rose is a type of flowering shrub. Its name comes from the Latin word Rosa. The FLOWERS of the rose GROW in many different colors, from the well-known red rose or yellow roses and sometimes white or purple roses. Roses belong to the family of plants called Rosaceae..

Hope it's HELPS... XD

1441.

प्र. 5. सम्पत्ति का अवशिष्ट मूल्य क्या होता है ?​

Answer»

HOPE it's help

Explanation:

जब एक बैलेंस शीट लिस्टिंग परिसंपत्तियों और खर्चों पर उपयोग किया जाता है, तो आइटम के मूल्यह्रास मूल्य को उसके अवशिष्ट मूल्य के रूप में संदर्भित किया जाता है। दूसरे शब्दों में, शब्द उस मूल्य को संदर्भित करता है जो किसी दिए गए आइटम में छोड़ दिया जाता है।

1442.

प्र. 2. भारतीय कम्पनी अधिनियम 1956 के अनुसार प्रत्येक कम्पनीअपने खाते कब बंद करती है।​

Answer» ONG>Answer:

31st MARCH of ACCOUNTING YEAR.

1443.

Revenue minus all direct costing of making the goods or supplying the services is known as?​

Answer»

ong>Explanation:

Revenue MINUS all direct COSTING of making the goods or SUPPLYING the SERVICES is known as

GROSS MARGIN

1444.

• At the initial level of CMM​

Answer»

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At the INITIAL LEVEL, PROCESSES are disorganized, EVEN chaotic. Success is likely to depend on individual efforts, and is not considered to be repeatable, because processes would not be sufficiently defined and documented to ALLOW them to be replicated.

1445.

प्रश्न 3. एक निजी कंपनी में सदस्यों की अधिकतम संख्या होती है-(a) 20(b) 200(c)50(d) इनमें से कोई नहीं।​

Answer»

ong>Explanation:

200 is CORRECT OPTION for private company.

1446.

36. 100 units are processed at a total cost of 160, normal loss is 10%, & scrap units are sold @ 0.25 each. If the output is 80 units, then the value of abnormal loss is:​

Answer»

ong>Explanation:

Accounting or Accountancy is the measurement, processing, and COMMUNICATION of FINANCIAL and non financial information about economic ENTITIES such as businesses and corporations.

Organizations in this sector: Institute of Chartered Accountants in England and WALES

1447.

वह कौन सा पक्ष कार है जो लेखांकन सूचनाओं bahay का उपयोग करता है​

Answer» ONG>ANSWER:

please thanks my all ANSWERS

1448.

35. 200 units were introduced in a process in which 20 units is the normal loss. If the actual output is 150 units, then there is:​

Answer»

ong>Answer:

there is ABNORMAL LOSS of 30 units ( 200- 150 -20)

1449.

35. 200 units were introduced in a process in which 20 units is the normal loss. If the actual output is 150 units, then there is:(a) No abnormal loss​

Answer» ONG>Explanation:

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True friendship needs equal shares of love, respect and HONESTY. Therefore, to MAINTAIN true friendship, you need the whole PACKAGE, just not apart of it.

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1450.

Paid 8.f4. निम्नलिखित सूचनाओं के आधार पर भोपाल क्लब का 31 दिसम्बर, 2016 को समाप्त वर्ष काGardening expenses-₹600 has been paid and ₹100 is outstanding.एवं भुगतान खाता बनाइए-1 जनवरी, 2016 को रोकड़ शेष ₹3,750 था।सदस्यता शुल्क-क्लब के500 सदस्य थे, जिनको प्रति सदस्य ₹30 देना था, उनमें से 75 सदस्यबिजली के पंखे पंखे जिनमें कीमत प्रत्येक की₹750 थी, उधार खरीदे गये थे जिसमें से ₹10जी चन्दा नहीं तथा 25 सदस्यों ने आगामी वर्ष का चन्दा भी दे ।का ही भुगतान किया गया है।वेतन-₹70 प्रति माह से नवम्बर, 2016 तक दे दिया गया है।किराया-लब का माह जनवरी, 2017 तक का ₹ 250 प्रति माह से दे दिया गया है।विद्युत व्यय-₹640 दिये गये हैं,₹60 देना शेष है।कार्यालय व्यय-₹425 हुए हैं, जिसमें से ₹ 100 अदत्त हैं।उतर-रोकड शेष₹3.7857​

Answer» ONG>ANSWER:

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