Reviews | Advisory Board | About   Book Forum Login      Ask     | Question Bank    Questions Pages: 1 2 3 4 5 6 7 ...Last Subhra: 2009-08-15 07:34:06 Chapter: 3  Q. Sir,if in our opening BS we have debtor=811,then we get back 50% money due from debtor,will that transaction be recorded in income statement also? i think it should come in only CFS and debtor amount should go down in BS.     Tanvi Garg: 2009-08-07 19:31:18 Chapter: 3  Q. Is Equity = Networth?     Ramana: 2009-08-07 17:04:38 Chapter: 3  Q. Sales per month =10,000; Cost of goods sold = 4000; Other expenses per month= 1000. Expenses paid = 10,000. Find profit for the year.     Ramana: 2009-08-07 17:02:34 Chapter: 3  Q. Sales per month =10,000; Expenses per month= 40% of the sales. find profit for the quarter, if 60% of the expenses are due but not paid.     Ramana: 2009-08-07 17:01:01 Chapter: 3  Q. Assets = 500,000; Capital = 100,000; Accumulated profit = 80,000; Show the change in the equity if the assets are sold at a profit of 50,0000.     Pages: 1 2 3 4 5 6 7 ...Last Question : 26 - 30 (89) Page 6 / 18 Total Members: 2168

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