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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
CA Inter
★ 0
1
510
About Drawer
Accountancy
answered on 22-Jan-22 15:24
Difference between drawer and drawer
latest answer
Thank you
P MITHRADEVI
CA Foundation
★ 640
5
518
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
CA Inter
★ 0
1
577
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
CA Inter
★ 0
1
577
Consignment
Accountancy
answered on 22-Jan-22 11:32
Please answer this qustion
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Please share your working, we'll suggest if it needs any correction.
Gaurav Suthar
CA Foundation
★ 155
3
631
Illustration 2 chapter 2
Accountancy
answered on 04-Feb-22 17:04
Here bank amount worth Rs 5000 isn't included in balance sheet neither in both column of assumption of going concern or not a going concern and the balance sheet isn't likely to tally. No additional info is given regarding treatment of this account(bank) 1st 2 photos from lecture 3rd photo my practice book 4th photo from notes
latest answer
The closing balance as written in the solution is cash and bank balance. The opening balance of 5,000 is not relevant to prepare closing balance sheet. ALso the question does not have any other information for us to compute the closing balance.
Sugam SM
CA Final
★ 9K+
7
602
Foundation.. - Accounting terminology
Accountancy
answered on 21-Jan-22 10:59
I cant find video lectures for the 3rd unit in chapter 1 ACCOUNTING TERMINOLOGY. Can someone help
latest answer
Okay sir, thank you
Vivek R
CA Foundation
★ 0
2
556
ESOp
Accountancy
answered on 19-Jan-22 16:32
What is meaning of expected period ?? Plz explain this sum
latest answer
It is not relevant in the given question.
Kruthika Ramesh
CA Inter
★ 650
2
595
Accounting Standards
Accountancy
answered on 18-Jan-22 10:34
AS Comprises of how many marks in Advanced Accounting?
latest answer
Thank you
sheetal sawant
CA Inter
★ 310
4
432
FCMITD
Accountancy
answered on 17-Jan-22 16:05
How the balance in FCMITD A/c is transferred to p/l ?
latest answer
ok. thank you
Sibi Srinivasan
CA Final
★ 22K+
7
537