FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

management accounting 3. ABC Lrd made a profit of Rs. 1,00,000 after considering the following items: (a) Depreciation on Fixed Assets Rs, 20,000 (b) Writing

image text in transcribed

management accounting

3. ABC Lrd made a profit of Rs. 1,00,000 after considering the following items: (a) Depreciation on Fixed Assets Rs, 20,000 (b) Writing of preliminary expenses Rs. 10,000 (c) Loss on Sale of Furniture Rs. 1,000 (d) Provision for Tavation Rs. 1,60,000 (c) Transfer to General Reserve Rs. 14,000 (I) Profit on sale of machinery Rs, 6,000 The following additional formation is available in .m

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_2

Step: 3

blur-text-image_3

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

Accounting Information Systems

Accounting Information Systems

Authors: Marshall B Romney, Paul J. Steinbart, Scott L. Summers, David A. Wood

15th Edition

0135572835, 9780135572832

More Books

Students also viewed these Accounting questions

Question

★★★★★
Three point charges, each with q = 3 nC, are located at the corners of a triangle in the xy plane, with one corner at the origin, another at (2 cm, 0, 0), and the third at (0, 2 cm, 0). Find the...

Answered: 1 week ago

Question

★★★★★
A computer IC chip consumes 10 W of power, which is dissipated as heat. The chip measures 4 cm by 4 cm on a side and is 0.5-cm thick. Currently, the IC chip is packaged into an electronic device as...

Answered: 1 week ago

Question

★★★★★
Define forensic psychology.

Answered: 1 week ago

Question

★★★★★
Alard Company produces blenders and coffee makers. During the past year, the company pro-duced and sold 65,000 blenders and 75,000 coffee makers. Fixed costs for Alard totaled $340,000,of which...

Answered: 1 week ago

Question

★★★★★
answer part b only (dont post the screenshot of the answere kindly post it in text form) HASF PVT.LTD BUDGETED INCOME STATEMENT FOR 1 st QUARTER 1999 Description JANUARY FEBRUARY MARCH Sales 285,000...

Answered: 1 week ago

Question

★★★★★
You have been given the following information about the production of Angela Co., and are asked to provide the factory manager with information for a meeting with the vice president of operations....

Answered: 1 week ago

Question

★★★★★
Veach Division has total assets (net of accumulated depreciation) of $462,000 at the beginning of year 1. One of the assets is a machine that has a net book value of $43,260. Expected divisional...

Answered: 1 week ago

Question

★★★★★
Fixation biases arise from preconceived ideas formed about a person, group of people, or situation. Question: What four examples indicate a fixation bias? Instruction: Choose all options that best...

Answered: 1 week ago

Question

★★★★★
Payable Transactions Richmond Company engaged in the following transactions: a. Purchased $16,000 of supplies from ABC Supplies on February 16. Amount due in full on March 31. b. Paid for 25% of the...

Answered: 1 week ago

Question

★★★★★
The charter for KWVN TV, Inc. authorizes the company to issue 100,000 shares of $3, no-par preferred stock and 500,000 shares of common stock with $1 par value. During its start-up phase, KWVN -TV...

Answered: 1 week ago

Question

★★★★★
A firm CEO assumes that managers are agents who are likely to engage in self-serving opportunistic activities if left to their own devices. Which debate supports this perspective? a....

Answered: 1 week ago

Question

★★★★★
What are the primary areas of conflict between HR and department managers? How might these conflicts be reconciled?

Answered: 1 week ago

Question

★★★★★
What are the primary shortcomings of reengineering as it is practiced in contemporary health care organizations? How does reengineering differ from minor modification of existing practices?

Answered: 1 week ago

Question

★★★★★
Define and describe a contemporary bargaining unit as defined by the National Labor Relations Act. How, if at all, does it differ from a bargaining unit in 1935?

Answered: 1 week ago

Previous Question Next Question