Accountancy - detailed homework solutions

Accountancy, 3 hours ago

The inventory of Runners Company was destroyed by flood on jun 1. From an examination of the accounting records, the following data for the first five months (Jan to May) of the year are obtained: Sales Sales Returns and Allowances Purchases Freight-In Purchase Returns and Allowances Required: Determine the merchandise lost by flood using the Gross Profit Method, assuming a...

Accountancy, 3 hours ago

who is the profit generated from the main activity of trading or manufacturing by the company?

Accountancy, 3 hours ago

X has made the following drawings during 2016-17. Calculate interest on drawings @9% p.a. () 4,000 withdrawn by X on the first day of every month with effect from 1-5-16 for four months (ü) From September, 2016 he withdrew 6,000 pm in the middle of each month till December (iii) On 1-2-17 he withdrew 10,000. (iu) On 31-3-17 he withdrew 5,000.

Accountancy, 3 hours ago

Mach the following credit sales...

Accountancy, 3 hours ago

व्यापारिक बट्टे एवं नगद बट्टे में अंतर ?

Accountancy, 3 hours ago

Who invented accountancy??

Accountancy, 3 hours ago

sales book is kept to record? 1.all sales of goods for cash 2. all credit sales 3. all credit sales of goods 4. returns of goods ...

Accountancy, 3 hours ago

Asset 50000 profit 30000 liability 20000 find the capital?

Accountancy, 3 hours ago

. From the following information calculate total earning of each worker. 6 standard production 48 unit per day of 8 hour.Normal wage rate Rs 72 per hour. Differential wage rate 80% of the normal piece rate where below the standard 120% of normal piece state where at or above standard production b) X and Y in a specific day of a towerX - 40 unit Y - 60 unit...

Accountancy, 3 hours ago

From the following particulars prepare a cost sheet showing the selling price per unit Particulars Rs. Raw materials 9,100. Labour and other direct expenses 4,000. Factory Expenses : 80% of labour and other direct expenses, Office Expenses : 10% on works cost Selling and distribution expenses : Rs. 2 per unit sold, Units produced and sold : 10,000 units Percentage on profit : 20% on selling price...

Accountancy, 3 hours ago

paid to usha 19400 by cheque in full settlement ...

Accountancy, 3 hours ago

I think it can be done in answers only...

Accountancy, 3 hours ago

Calculate the cost per unit. Raw materials Rs. 10.000 wages KS. 8,000 Direct Expenses Rs. 2,000 Machine hours worked : 2.000 Machine hour rate : Rs.2 Fixed overhead : 10% on works cost Units produced : 1,000...

Accountancy, 3 hours ago

How to make this? please don't spam Explain properly please This type of thing ...

Accountancy, 3 hours ago

two investment have an expected life of 5 years. one promises to pay 6% annual interest, the other 10% . Explain why there are differences in expected rates of return on the two investment...