Cash purchases for ₹ 1,60,000 at 10% T.D. and 5% C.D. What is the amount of Net purchases?
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Bought goods from Ranjan ₹ 10,000 @ 5% GST and 10% cash discount. Calculate cash discount.
Cost of the goods bought = ₹ 10,000 @ 5% GST and 10% cash discount. GST on Goods Purchased = Cost of goods × 5%. = 10,000 × \(\frac{5}{100}\) = ₹ 500. Net value of Goods...
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Sico Ltd. took over the assets of Rs. 4,80,000 and liabilities of Rs. 80,000 of Mittal Ltd. for a consideration of Rs. 3,20,000. Rs. 20,000 were paid
(i) Dr. Sundry Assets A/c - Rs. 4,80,000, Cr. Sundry Liabilities A/c - Rs. 80,000, Mittal Ltd. - Rs. 3,20,000 and Capital Reserve A/c (Balancing Figure) - Rs. 80,000. (ii)...
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Why is Cash Flow Statement prepared? Or What is the objective of preparing a Cash Flow Statement? Or State the primary objective of preparing Cash Flo
Cash Flow Statement is prepared to determine the cash flows of an enterprise during a specific period from its Operating, Investing and Financing Activities.
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Net increase in Working Capital other than Cash and Cash Equivalents will increase, decrease or not change Cash Flow from Operating Activities. Give r
Net increase in Working Capital implies that more cash is invested in working Capital and thus decreases Cash Flow from Operating Activities.
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Fixed Assets (at cost) ₹ 12,00,000,Accumulate Depreciation till date ₹ 2,00,000, Trade Investment ₹ 1,00,000, Current Assets ₹ 4,40,000: Current Liabi
Capital employed turnover ratio `="Revence from Operations (Net sales )"/"Capital Employed " ` `=(₹ 20,00,000)/(₹ 12,00,000)`=1.67 Times Capital Employed =Net Fixed Assets +Trade Investment +Current Assets -Current Liabilities = (₹...
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Fixed Assets (At cost) ₹ 21,00,000, Accumulated Depreciation till date ₹ 3,00,000 Credit Sales ₹ 51,00,000, Cash Sales ₹ 4 ,50,000, Sales Return ₹ 1,5
Fixed Assets Turnover Ratio`=(" Revenue from Operations")/("Net Fixed Assets")=( "₹ 54,00,000 ")/("18,00,000")`=3 times Revenue from Operations (Net Sales) Credit Sales +Cash Sales-Sales Return = ₹ 51,00,000+₹ 4,50,000-₹ 1,50,000= ₹ 54,00,000....
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Capital Employed is ₹ 5,00,000, Working Capital is ₹ 1,00,000, Cost of Revenue from Operations is ₹ 16,00,000, Gross Profit is ₹ 4,00,000. Calculate F
Fixed Assets Turnover Ratio`=(" Revenue from Operations")/("Net Fixed Assets")=( "₹ 20,00,000 ")/("4,00,000")`=5 times Revenue from Operations =Cost of Revenue from Operations + Gross profit = ₹ 16,00,000+₹ 4,00,000= ₹ 20,00,000...
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Capital Employed is ₹ 5,00,000, Working Capital is ₹ 1,00,000, Cost of Revenue from Operations is ₹ 16,00,000, Gross Profit is ₹ 4,00,000.Total Assets
Current Assets Turnover Ratio `=("Revenue from Operations")/("Current Assets ")= ("₹ 1,00,000")/("₹ 15,00,000")`= 20 Times . Revenue from Operations = Cash sales + Credit Sales =₹ 16,00,000+₹ 4,00,000= ₹ 20,00,000. Net...
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Fixed Assets ₹ 4,00,000, working Capital ₹ 2,00,000, Cost of Goods Sold ₹ 20,00,000, Gross Sold ₹ 20,00,000, Gross profit ₹ 4,00,000 .Calculate Captia
Capital Employed Turnover Ratio = 4 Times
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Calculate the Gross Profit/Gross Loss Purchases A/c ₹ 15,500, Sales A/c ₹ 30,000, Carriage Inward ₹ 1,200, Opening Stock ₹ 5,000
Cost of Goods Sold = Opening Stock + Purchases – Purchases Returns + Carriage Inward – Closing Stock = 5,000 + 15,500 – 500 + 1,200 – 18,000 = ₹ 3,200 Gross Profit...
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