Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Answer fast in 5 to 10 mins please Question 4 A manufacturer has shown an amount of Rs. 19,310 in his books as 'Establishment which

Answer fast in 5 to 10 mins please
image text in transcribed
image text in transcribed
Question 4 A manufacturer has shown an amount of Rs. 19,310 in his books as 'Establishment which really include the following expenses (in Rs.): Not yet answered Marked out of 20.00 P Flag question 1,200 6,750 1,800 1,500 70 1.130 1.400 1,760 Interest on debentures Agents' commission Warehouse wages Warehouse repairs Lighting of office Office salaries Director's remuneration Travelling expenses of salesmen Rent, rates and insurance of warehouse Rent, rates and insurance of office Lighting of warehouse Printing and stationery Trade magazines Donations Bank charges 310 230 270 1,500 70 150 100 310 Time left 1:11:30 230 270 Rent, rates and insurance of warehouse Rent, rates and insurance of office Lighting of warehouse Printing and stationery Trade magazines Donations Bank charges Cash discount allowed Bad debts 1,500 70 150 100 770 300 From the above information prepare a statement showing in separate total: (a) Selling expenses, (b) Distribution expenses, (c) Administration expenses. (d) Expenses which you would exclude from costs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advances In Quantitative Analysis Of Finance And Accounting (Vol. 4)

Authors: Lee Cheng Few

2nd Edition

9812700218, 9789812700216

More Books

Students also viewed these Accounting questions

Question

kitchen html example code

Answered: 1 week ago

Question

How does selection differ from recruitment ?

Answered: 1 week ago