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Answer:

. A very young COMPANY that has not yet PRODUCED REVENUE will have Reta ined Earnings of zero, because it is funding its activities purely through deb TS and capital contributions from STOCKHOLDERS.

ESSENTIALS OF A GOOD COST ACCOUNTING SYSTEM

Informative and simple: Cost accounting system should be tailor-made, practical, simple and capable of meeting the requirements of a business concern. The system of costing should not sacrifice the utility by INTRODUCING meticulous and UNNECESSARY details.

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Answer:

Furniture ac _dr

to Delux & CO.

(being the purchase of goods from Delux & Co.)

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ANSWER:

SAVING ACCOUNT

Fixed DEPOSIT Account

Current account

Answer:

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i dont no ke iska anser KYA HIGA soeey reealt sorry mai apka answer nhi DE ksto

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ANSWER:

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Explanation:

MERCHANDISING COMPANIES will have an asset for INVENTORY, whereas SERVICE companies do not. This listed as a CURRENT asset.

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ANSWER:

GAME of you and your FAMILY and friends'six to you and your family and friends'six to you and your family and friends'six to

Answer:

when in a journal question there is "cheque received but not DEPOSITED", OR there is "cheque received" then on later DATE there's "cheque deposited" — either ways they're SAYING that you received the cheque, you kept it, THEN you deposited. so, the former will be treated as cash.

so the answer to your question is—

cheque received but not deposited:

cash ac _dr

to (who GAVE the cheque) ac

(being cheque received but not deposited.)

then while depositing:

bank ac _dr

to cash ac

(being cheque received from.... deposited to bank.)

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Answer:

as PER Indian GAAP FINANCIAL statements are presented at FAIR value

ANSWER:

ACCRUED expenses A/c ----------- dr.

to bank A/c

to divident A/c

ANSWER:

17500 is answer

EXPLANATION:

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ANSWER:

SCIENCE is the study of the NATURE and BEHAVIOR of natural things and the knowledge that we obtain about them.

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Explanation:

Deduct the AMOUNT of SALVAGE from the value of stock on the date of fire to GET the value of loss of stock. By Stock on the date of fire XX (bal. fig.) Illustration 1: FIND out sales when cost of goods sold is 80,000 and Gross Profit ratio 20%.

Explanation:

mantle is a layer inside a planetary body bounded below by a CORE and above by a crust. MANTLES are MADE of rock or ices, and are generally the largest and most massive layer of the planetary body. Mantles are characteristic of planetary BODIES that have undergone differentiation by density.

ANSWER:

SORRY don't KNOW what you WANT

Answer:

ROOP ke SUNA skies dil RONE isn't rooms rab ko or ek NA WO ke ek no

EXPLANATION:

★ Old RATIO :

A : B : C = 5 : 4 : 3

• A's SHARE = 5/12
• B's Share = 4/12
• C's Share = 3/12

• B retired and his share was divided equally between A and C

• B's Share = 4/12

• B's Share taken by A =

⇒ 4/12 × 1/2 = 4/24

• B's Share taken by C =

⇒ 4/12 × 1/2 = 4/24

★ New Profit SHARING Ratio :

New Ratio = Old Ratio + Share acquired from B

• A's New Share =

⇒ 5/12 + 4/24 = (10 + 4)/24

⇒ 14/24

• C's New Share =

⇒ 3/12 + 4/24 = (6 + 4)/24

⇒ 10/24

★ New Profit Sharing Ratio :

• A : B = 14/24 : 10/24

⇒ 14 : 10 = 7 : 5

Therefore, the new profit sharing ratio of A and C = 7 : 5.

ANSWER:

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ANSWER:

this is the answer OK PLEASE WRITE it

Answer:

800000 IS YOUR ANSWER

Ex8planation:

Answer:

A's OLD share= 2/5

B's old share= 2/5

C's old share= 1/5

D is ADMITTED for 1/6th share. C will retain his ORIGINAL share.

Hence, remaining share= 1- [1/6] - [1/5]

= 19/30

This remaining share will be SHARED by A and B in their old ratio, i.e, 2:2

A's new share= 2/4 * 19/30

= 38/120

B's new share= 2/4 * 19/30

= 38/120

New Profit sharing ratio= 38:38:24:20

= 19:19:12:10

Sacrificing ratio= old ratio- new ratio

A's sacrifice= 2/5- 19/60

= 5/60

B's sacrifice= 2/5- 19/60

= 5/60

Sacrificing ratio= 5:5=

Answer:

Explanation: Accounts Receivable (AR) is the proceeds or payment which the COMPANY will receive from its customers who have purchased its GOODS & services on CREDIT.

Answer:

The theory base of accounting CONSISTS of principles, concepts, rules and guidelines developed over a PERIOD of time to BRING uniformity and consistency to the process of accounting and enhance its utility to different USERS of accounting information.

Explanation:

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Explanation:

Universality of management means that the principles of management are APPLICABLE to all types of ORGANIZATIONS and organizational levels. It means that the MANAGER uses the same managerial skills and principles in each managerial POSITION held in various organizations.

ANSWER:

Preliminary expenses are expenses which the promoters of a company incur at the TIME of incorporating the company. Generally, preliminary expenses are disallowable on the ground that they are of a capital nature or incurred PRIOR to the SETTING up of a business.

Explanation:

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Answer:

i DINT UNDERSTAND THW question carefully

ANSWER:

there is WRITTEN a answer.

Answer:

Explanation:

Advertisement is an expenditure.  The PURPOSE of the advertisement is to GENERATE the business.  The benefit of advertisement MAY remain for one year, two years etc. or more.     If the amount of expenditure for advertisement is small, no doubt it is an expenditure for the current year.  Here, for small amount of advertisement depends upon business to business.  

In case the benefit of advertisement will be there for more than one year, DEFINITELY, such expenditure can not be treated for one year.  In this case the proportionate expenditure for depreciation is debited to this year and balance is an non Current Asset and SHOWN in Balance Sheet.  But for an accounting purpose, it is treated as an expenditure for this year as well as for coming years.

PURCHASES A/C Dr. The REASON that purchases account had been debited is because a purchase has been made and something has been added. The reason for crediting the CASH account is that cash is going out of the business and according to the basic rule of ACCOUNTING, anything that GOES out is credited.

ANSWER:

HEY TWINKLE ARORA here NICE to meetyou

ANSWER:

126601 this is RIGHT answer

ANSWER:

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Explanation:

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ANSWER:

Here's your answer

Explanation:

DIRECTORS are considered the trustees of company's property and money, and they also ACT as the agents in transactions which are entered into by them on behalf of the company. ... Directors are responsible for CONTROLLING, managing and DIRECTING the affairs of a company. He/She plays multiple roles in the company.

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Answer:

Flexibility and mobility are essential not only to reduce the risk of injuries but to generally feel better. Living a nine to five desk life can be demanding on health and wellness. Here is how you can keep the most common problems at bay. 2. Even if you are not exercising you need to make sure that you maintain correct posture and SIT at your desk in the right way. It is important that your chair is placed correctly and your legs are not left hanging. Proper alignment ensures that your neck and back are not strained. Exercises and abdominal crunches two to three times a week can strengthen the core. It will help take the pressure off your back and will make it easier to maintain good posture. Chairs with a back that support your upper back are preferable for those who work long hours in front of screens. 3. Constant typing, writing reports, and answering e-mails can exert your wrists LEADING to long-term damage. The frequency of your use and how you position your wrists at your keyboard can be a reason. The telltale signs of exertion would be a tingling SENSATION or numbness. One should not ignore initial signs. Make sure that you rest your wrist at regular intervals. To relieve tension quickly FOLD your hands in a NAMASTE in front of your chest with elbows moving out and lower your hands till you feel a good stretch in your wrists. Also rotating your fists inside and outside provides much relief to strained wrists. 4. Since those who work on desks spend a lot of time looking at a computer screen, they are at a risk of straining their eyes. This may also lead to dry eyes and fatigue. Poor eyesight is the result of continued and improper exposure to screens. Keeping the computer screen at an optimal distance helps a lot in minimising strain to eyes. The screen shouldn’t be too close or too far. To ease eye strain use good lighting and make it a point to look at a distance away from your screen every twenty to thirty minutes. (a) On the basis of your

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Explanation:

GST is aimed at reducing corruption and sales without RECEIPTS. GST reduces the need for SMALL companies to comply with excise, SERVICE tax and VAT. GST brings accountability and REGULATION to unorganised SECTORS such as the textile industry.

Answer:

EXPLANATION:

CASH/BANK*  A/C DR   70,000.00

  TO CAPITAL A/C                70,000.00

(BEING ADDITIONAL CAPITAL INTRODUCED)

* AS THE CASE MAY BE

hlomate here's your answer

ANSWER:

CAPITAL at the end

= Opening Capital + ADDITIONAL Capital + PROFIT − Drawings

= 70,000 + 20,000 + 20,000 − 7,000 = Rs 1,03,000

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ANSWER:

my POINTS are FINISHED so i cannot answer

Explanation:

Q) Differentiate between STATAMENT of affairs and Iblance Sheek

ANSWER::

Statement of Affairs is a statement SHOWING assets, liabilities and capital of the ENTITY prepared on the basis of a single entry system of bookkeeping. A Balance SHEET is a statement showing assets, liabilities and equity of the COMPANY prepared on the basis of the double entry system of bookkeeping.

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Explanation:

Single Entry System

The single entry system is a method of recording financial transactions where only one entry is marked for EITHER a debit entry or credit entry for a specific operation. For example, if a customer pays CASH to the enterprise, either cash account will be credited, or debtor account will be DEBITED

Double Entry System

The double entry system ensures that for every single debit entry, a corresponding credit entry MUST be RECORDED while every credit entry is completed by filing a similar debit entry, which means that each entry has an opposite entry.

ANSWER:

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Explanation:

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Answer:

Assets = Liabilities + Capital

Cash + Furniture + Stock = Creditors

(i) Sandeep started BUSINESS with cash 1,00,000 + 1,00,000

1,00,000 = + 1,00,000

(ii) Purchased furniture for cash –5,000 +5,000

95,000 + 5,000 = + 1,00,000

(iii) Purchased GOODS for cash –20,000 +20,000

75,000 + 5,000 + 20,000 = + 1,00,000

(iv) Purchased goods on credit +36,000 +36,000

75,000 + 5,000 + 56,000 = 36,000 + 1,00,000

(v) Rent PAID -700 –700

74,300 + 5,000 + 56,000 = 36,000 + 99,300

(VI) Goods costing Rs 40,000 sold at a profit of 20% for cash +48,000 -40,000 +8,000

1,22,300 + 5,000 + 16,000 = 36,000 + 1,07,300

Answer:

Explanation:

Cash A/c Dr

Discount A/c Dr

   To /s Krishna & CO      

(being received cash from Krishna & co. ALLOWED discount)

Answer:

EXPLANATION:

DETAILED CALCULATIONS ALONGWITH ACCOUNT MAINTAINED, IS ATTACHED HEREWITH

Answer:

3. BUS on GET the now right4. guitar can you the play5. fantastic is news this6. MR. MET Jones have NEIGHBOUR you my7. name is what your last8. an amazing day what- ________________

9. sister is my grade in first- _______________

10. night out stay don’t at- _________________

Answer:

( 1,2,3,4,5, ) Now tell me SOLUTION

Explanation:

DIVIDE the solution with the question or the answer I have gave you write that the solution is in the question only do you answer the question now MOVE to the question consentrat to th question

EXPLANATION:

ASSETS = LIABILITIES + capital

Assets = liabilities + capitalCash+stock = credirors + o/s RENT +capital

Assets = liabilities + capitalCash+stock = credirors + o/s rent +CAPITAL1)

Assets = liabilities + capitalCash+stock = credirors + o/s rent +capital1)18000

Assets = liabilities + capitalCash+stock = credirors + o/s rent +capital1)1800018000

Assets = liabilities + capitalCash+stock = credirors + o/s rent +capital1)18000180002)

Assets = liabilities + capitalCash+stock = credirors + o/s rent +capital1)18000180002)−5000+7000=2000 +18000

Assets = liabilities + capitalCash+stock = credirors + o/s rent +capital1)18000180002)−5000+7000=2000 +1800013000+7000=2000 +18000

Assets = liabilities + capitalCash+stock = credirors + o/s rent +capital1)18000180002)−5000+7000=2000 +1800013000+7000=2000 +180003)

Assets = liabilities + capitalCash+stock = credirors + o/s rent +capital1)18000180002)−5000+7000=2000 +1800013000+7000=2000 +180003)4000−2400 1600

Assets = liabilities + capitalCash+stock = credirors + o/s rent +capital1)18000180002)−5000+7000=2000 +1800013000+7000=2000 +180003)4000−2400 160014000+4600=2000 +19,600

Assets = liabilities + capitalCash+stock = credirors + o/s rent +capital1)18000180002)−5000+7000=2000 +1800013000+7000=2000 +180003)4000−2400 160014000+4600=2000 +19,6004)

Assets = liabilities + capitalCash+stock = credirors + o/s rent +capital1)18000180002)−5000+7000=2000 +1800013000+7000=2000 +180003)4000−2400 160014000+4600=2000 +19,6004)−1000=200 −1200

Assets = liabilities + capitalCash+stock = credirors + o/s rent +capital1)18000180002)−5000+7000=2000 +1800013000+7000=2000 +180003)4000−2400 160014000+4600=2000 +19,6004)−1000=200 −120016000+4600=2000 200+18400