User Account

All Pages

Compute the total cost debited to the b and a inc

Assignment Help Accounting Basics
Reference no: EM132621410

Problem 1: B&A Inc., recently purchased new Machinery for the business at a list price of Rs =95,000/-. Mr Nailson the seller remained your old good friend so he offered you 13% discount. The policy requires Rs =77,00/-. as an insurance coverage for in transit. Mr Nailson also incurred Rs =1550/- as a promotional activity in selling process related to this particular machine. Freight charges totaled =990/- Rs incurred for delivery of the machine. Installation charges of machinery is =2460/- Rs. After installation training cost of the machinery for assurance of proper working is Rs=750/-. Right after machinery started working and produced some units the company incurred Rs=1200/- for service charges for machinery. Compute the total cost debited to the B&A Inc, machinery account?

Reference no: EM132621410

Questions Cloud

Find how will the claims be settled now : Hashim & co is a textile company. Due to the recent corona virus pandemic the company, How will the claims be settled now? Briefly explain in terms of priority
Implications of differences across states policies : What are the implications of differences across states' policies around scope of practice in the health sector? For regulation? For consumers? For practitioners
What is the amount of applied overhead : Question - The following information was taken from the records of a manufacturing company: What is the amount of applied overhead
Analogy to describe two eukaryotic organelles : Relate the analogy to the organelles function, location, shape, etc. The more aspects of the organelle you can relate it to, the better the analogy.
Compute the total cost debited to the b and a inc : Compute the total cost debited to the B&A Inc, machinery account? Right after machinery started working and produced some units the company incurred Rs=1200/-
Present an outline for your training as a response to thread : Your organization (you can represent any organization, McDonalds, Starbucks, ESPN, etc.) has asked you to create a training presentation on ethics.
Search of effective project managers : What qualities and personal characteristics support a higher likelihood of success as a project manager?
Which principle do think is most important and why : Which principle do you think is most important and why? And if there is a situation for an accountant in which violation from GAAP achieves the major goal
Use of crispr-cas9 to edit the human genome : Discuss two pros and two cons regarding the use of CRISPR-Cas9 to edit the human genome.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd