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Interest/Rebate calculation

Accountancy

answered on 27-Jan-22 00:35

Should we calculate interest/rebate of a bill with respect to it's "expiry/due date" or "date of maturity of bill"?As we know date of maturity of bill includes Grace days.Thank you

latest answer

I think soo

Abishek M

Abishek M

CA Final

11K+

3

483

Average due date

Accountancy

answered on 25-Jan-22 15:14

How to compute interest and find due date

latest answer

When you doing ADD u should careful with date.... ARE V... important

Jaswant Vyas

Jaswant Vyas

CA Foundation

325

6

435

Pl ac

Accountancy

answered on 24-Jan-22 15:29

Is dividend paid part 9f pl ac

latest answer

No

PANTH PANCHOLI

PANTH PANCHOLI

CA Inter

4K+

1

319

Bank reconciliation

Accountancy

answered on 24-Jan-22 12:12

Adjustment Bank balance as per pass book amount to rs 2600 difference being on account of bank charges rs 1600 debit to customers account by the bank In trial balance Cash at bank as per cash book 4200 What effect on final account

latest answer

Thanks sir

Gaurav Suthar

Gaurav Suthar

CA Foundation

155

2

402

How to treat sales man commission

Accountancy

answered on 24-Jan-22 12:13

How to treat sales man commission in profit and loss account

latest answer

Thanks bhayi ð?¤ 

Gaurav Suthar

Gaurav Suthar

CA Foundation

155

6

368

Final accounts

Accountancy

answered on 30-Jan-22 19:36

Why my balance is not match

latest answer

The answer is given above

Jaswant Vyas

Jaswant Vyas

CA Foundation

325

6

379

Net profit. Question no 47

Accountancy

answered on 24-Jan-22 11:55

What are the steps used to find the answer.

latest answer

25% profit on sales means 33.33% on COGS. which implies 20,000 is GP. Sales will be 80,000. So, net profit will be 10% of 80,000 i.e. 8,000

GOKUL KRISHNA A G

GOKUL KRISHNA A G

CA Inter

0

1

291

About Drawer

Accountancy

answered on 22-Jan-22 15:24

Difference between drawer and drawer

latest answer

Thank you

P MITHRADEVI

P MITHRADEVI

CA Foundation

640

5

370

Consignment

Accountancy

answered on 24-Jan-22 11:53

Can you find out the ans for 7th question with steps

latest answer

We encourage students to first solve on their own and share working. Can correct wherever required.

GOKUL KRISHNA A G

GOKUL KRISHNA A G

CA Inter

0

1

343

Depreciation

Accountancy

answered on 21-Jan-22 22:50

Can you find out what the answer is?

latest answer

Depreciable AMount

GOKUL KRISHNA A G

GOKUL KRISHNA A G

CA Inter

0

1

279