Scenario 1:
ABC Company provides a mutual fund to two customers, Mr. Ram and Mr. Prem. Mr. Ram pays Rs. 50,000 and Mr Prem pays Rs. 40,000. The management charges for both accounts are Rs. 500 and Rs. 400. The total number of units within the funds is 8,910.
The net assets of the fund are Rs. 1, 00,000. Find the fund's net asset value.Kii
Answers
Answered by
3
Answer:
2.13 The Bank column showed a debit balance of Rs. 2000
on 31st March 2016. On reconciling the following facts
were noticed :
4
1.
Cheque Rs. 500 deposited into the bank was
not collected & credited till 31st March.
2.
Cheque issued for Rs. 300 was not presented
to the bank for payment till 31-3 - 16.
3.
Interest credited by bank 30 Rs
Answered by
3
Answer:
2.13 The Bank column showed a debit balance of Rs. 2000
on 31st March 2016. On reconciling the following facts
were noticed :
4
1.
Cheque Rs. 500 deposited into the bank was
not collected & credited till 31st March.
2.
Cheque issued for Rs. 300 was not presented
to the bank for payment till 31-3 - 16.
3.
Interest credited by bank 30 Rs
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