plz solve this question asap! - Printable Version +- Accountancy Forum (https://www.accountancy.com.pk/forum) +-- Forum: The Profession (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=4) +--- Forum: Accounting and Audit (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=7) +--- Thread: plz solve this question asap! (/showthread.php?tid=4410) |
plz solve this question asap! - darenatto - 04-12-2007 Dear all, i m having difficulty in these questions.ur help in this regard will b highly appreciated.i have to submit this assignment tomorrow.my email isdarenatto@yahoo.co.in Q1There is $100 in the cash till at the year end at F ltd,but the accountant has discovered that some cash has been stolen.At the beginning of the year there was $50 in the cash till n debtors were $2000.Total sales in the year were $230,000.Debtora at the end of the year were $3000.Cheques banked from credit sales were $160,000 and cash sales of $50000 have been banked. How much cash was stolen during the year? Q2A ltd has an item in stock which cost $1000 n can be sold for $1200.however,before it can be sold it will require to be modified at a cost of $150.the expected selling cost of the item are an additional $100. How should this item be valued in stock? Q3The net profit percentage in a company is 12% and the asset turnover ratio is 2.what is the return on capital employed? Q4The following information was extracted from the balance sheet of Z ltd at 31 dec 2002 2002 2001 stock $ 100,000 $140,000 debtors 150,000 130,000 trade creditors 125,000 115,000 other creditors 60,000 75,000 what figure should appear as part of the cash flow statement for the year ended 31 dec 2002? Q5On 1 oct 2002,the debtors balance at G ltd was 80,000.a summary of the transactions in the month of oct is set out below Cheques received $100,000 Contra creditors 6,000 Sales 90,000 Returns inwards 4,000 Discounts allowed 10,000 The debtors balance at 31 oct was? Q6The following information relates to NBV ltd for the year ended 31 july 2003. direct materials 160,000 direct labour 200,000 prime cost 360,000 carriage outwards 80,000 depreciation of delivery vehicles 30,000 factory indirect overheads 450,000 increase in work-in-progress stock 75,000 decrease in stock of finished goods 55,000 what would b the factory cost of goods completed for the year ended 31 july 2003? Q7MCQ Information from the Balance sheet of a company is as follows 31 august 2003 31 august 2002 stock 20,000 14,000 trade 16,000 18,000 debtors 12,000 10,000 48,000 42,000 trade creditors 14,000 17,000 34,000 25,000 company is preparing the cash flow statement for the year ended 31 august 2003.in relation to the items above,what should be the net adjustment to operating profit in order to determine the net cash flow from operating activities? Adeduct $1,000 Bdeduct $2,000 Cdeduct $7,000 Dadd back $1,000 - kamranACA - 04-12-2007 Dear, You should study and prepare yourself for your assignments and for your exams. You must not at the last edge find out help for solving the assignments. This is my advice. However, I have suggested answer to all of your questions. Please check in STUDENTS section of this forum. Regards, Kamran. - nabeelanwer - 04-20-2007 Kamram Sahib you are absolutely right! - khurram_jamal - 09-24-2007 <b><font color="green"> hahahhahaaaaaaaaaaa [][][] Really it is Kamran Bhai lakin ye bi to socheen kay wo bachara ghareeb time nikal kay ap logon say knowledge get karna chahta hay na</font id="green"></b> |