User Account

All Pages

Find out the sundry creditors and sundry debtors

Assignment Help Accounting Basics
Reference no: EM132577005

Debtors velocity 1.5 months

Stock velocity 4 months

Creditors velocity 1 month

Gross profit ratio 25%. Gross profit for the year amounts to Rs. 2,00,000. Closing Stock for the year is Rs. 20,000 above the Opening Stock. Bills Receivable amount to Rs. 25,000 and Bills Payable Rs. 5,666.

Question a: Find out the following figures:

1. Sales

2. Sundry debtors

3. Closing stock

4. Sundry Creditors

Reference no: EM132577005

Questions Cloud

The cost of economic growth : Do wealthy nations using the labor of developing nations have responsibilities to the people and environment of that country?
How much gain does jessica recognize in : How much gain does Jessica recognize in Any other Year? and 2031, the year she terminates the investment and 2018, the year her stock is sold
Create project plan for jbh software solutions : Create a project plan for JBH Software Solutions that includes required documentation such as business case, risk mitigation plan, communication plan,
Example of excess-of-loss facultatives : What is the example of excess-of-loss facultatives?
Find out the sundry creditors and sundry debtors : Find out the Sundry Creditors and Sundry debtors and Closing stock. Gross profit ratio 25%. Gross profit for the year amounts to Rs. 2,00,000. Closing Stock
Calculate the economic order quantity : WZY processing company uses 2,400 units of a product per year on a continuous basis. The product carrying costs
Explain the purpose of gina in brief : Explain the purpose of GINA. Summarize the five congressional findings that helped to create the final GINA law, including a description of at least two element
Community concerns : In your opinion, what are the most pressing and significant concerns facing communities today? Why do you think so?
Were you treated differently because of your sex or gender : How were you treated as a young child? Were you treated differently because of your sex or gender? What toys did you have? What were your interests?

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