a sum of 10000 due rom rao,which was also included in creditors for 12000....ans)creditors ac dr. to debtors ac10000 ...however i could not understand the logic... please elaborate

Deffered costs appering I the assest side of the balance sheet is of what nature ?
a) Fixed assets
b) Current assest
c) Intangible assest
d) Tangible assest

should we pay more emphasis on theory or practicals of fm?n which are the topics or chapters i should pay more attention to? and should i focus more on costing or fm?

Hi all,
We create deferred Tax asset on Diminution or decrease in the value of investments and impairment loss on fixed aseets,but on what evidence or source these DTA is created (i.e either the company will sell these assets in future at higher price or reversal in future)
and what is the rate should be applied either normal rates or capital gain rates ?

What will be the entry for this


At the end of Mar 31 we have received the material but the purchase bill is not given by the party , what will be the entry for this

a pen manufacturer desired to manufacture three models of pen as super model deluxe model and basic model.He wants to fix the price of Rs.20 for super model, Rs.15 for delux model and Rs.10 for basic model. He plans to allow 25% discount to wholesaler and retailer.
The estimated fixed cost would be Rs.75,000 and the variable cost per unit comes to Rs.5.
i) it has been asked to find out the break-even point for each type of pen
and also to fin out the number of pens to be sold by the manufacturer in order to make a profit of Rs.25,000

Dear Sir,

What is debt equity ratio? What are the components of it or what are all the items to be considered for the same.

Thanks and Regards

T.V.Kalyana Sundaram

There is problem in the question paper of MBA.
Variable cost per unit is given as 12
Sales in units is given as 50,000 units
Return on capital employed is 20%
Capital employed is 12 lakh on fixed assets and 50% on sales value.Fixed cost is given as Rs.5,10,000
Has been asked to determine the selling price per unit for a desired profit of 20% on capital employed?
Would i have the solution please?

DEAR SIR,

I AM PASSING JOURNAL ENTRIES FOR SALARIES, ELECTRICITY CHARGES ...ETC. I AM PASSING ENTRY

SALARY A/C-----DR

TO SALARY PAYABLE.


WHEN PAYMENT MADE

SALARY PAYABLE A/C----DR

TO CASH/BANK.

SALARY A/C I GAVE UNDER INDIRECT EXP. SO IN P&L A/C IT IS APPEARING OR BOOKING AS J.V. SO IN P&L J.V'S COME OR NOT?. EXPENDITURE UNDER HEAD OF A/C SALARY PAYABLE.

01/04/10 25000 DTL
31/03/11 30000 DTA

What should be the net impact in P&L
and B.S.

Urgent