Finance
This query is : Resolved
11 October 2014
a company took delivery of 50000rs of new inventory and agreed to pay cash to the supplier within 30 days. which of the following items would increase by this inventory purchase transaction? check all that apply.
1. current liability
2. stock holders equity
3. cogs
4. cash from operation
5. inventory
11 October 2014
1. Current liability will increase Rs. 50000 & 2 Stock will increase Rs. 50000
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Regarding Appointment of auditor in case of casual vacancy
- GST- DRC 03 RCM Liability
- Query on managerial remuneration u/s 197 of CA 2013
- Conversion of Proprietorship Firm to Partnership Firm
- Updated return filing
- Validity of form 15 G and 15 H on Interest on fixed deposit
- Supply to unit situated in SEZ
- Temporary GST registration
- TDS AFTER SUBMISSION OF 15G OR H
- Additional income for updated return
- GSTR 1- Amend Credit Note
- Audit of F and O T/O
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
Trending Online Classes
CAclubindia
