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Accounting Standards (AS) are basic policy DOCUMENTS. Their main aim is to ensure transparency, reliability, consistency, and COMPARABILITY of the FINANCIAL statements. They do so by standardizing accounting POLICIES and principles of a nation/economy... Pls follow me and have a nice DAY.. ❤️

if it helps you please mark me as Brianliest Explanation:A COMPANY breaks EVEN for a given period when SALES revenue and costs charged to that period are equal. Thus, the break-even point is that level of operations at which a company realizes no net income or loss.A company breaks even for a given period when sales revenue and costs charged to that period are equal. Thus, the break-even point is that level of operations at which a company realizes no net income or loss.A company may express a break-even point in dollars of sales revenue or number of units PRODUCED or sold. No matter how a company expresses its break-even point, it is still the point of zero income or loss. To illustrate the calculation of a break-even point watch the following video and then we will work with the previous company, Video Productions.

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2 LAKH will be the answer Explanation:I HOPE it MAY be HELP to you

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purchase a/c.......DR 32600 to GOODS a/c.... 326000(less trade DISCOUNT)

tion:I have also problem in this question.Journalise the following transactions in the books of Sanjay:- 2017Dec. 4 Sold goods costing Rs. 60,000 to kedar, ISSUED invoice at 10% above cost and trade discount allowed 5% on it. Dec. 6 Purchased goods from Gajendra for cash Rs. 50,000 and on CREDIT Rs. 30,000 Dec. 13 Goods worth Rs. 6,000 and cash Rs. 4,000 were stolen by an EMPLOYEE. Dec. 16 Received a first and final Payment of 60 Piase in a Rs. from Y who owed us Rs. 10,000 Dec. 16 Paid Salary to Natasha by cheque Rs. 2,000. Dec. 21 Issued a cheque in favour of Neeraj timber Co. on account of the purchase of timber of Rs. 3,000Dec. 26 Goods given free to hospital out of business Rs. 10,000 Dec. 29 Paid RATES for half year to jaipur Corporation

I can't UNDERSTAND your QUESTIONEXPLANATION:PLEASE MARK it brainailist

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No profit / No lossExplanation:Expenses of Rs.10,000 is still to be paid and hence it should be deducted from Rs.40,000 and SHOWN separately in balance SHEET liability side.So,80000 - {50000 + (40000 - 10000)} = 0.

Interest on Rs. 2,00,000 for FULL YEAR=Rs.2,00,000×8×1100=16,000Add: Interest on Rs.50,000 for 9 months=Rs.50,000×9×812×100=3,00019,000Less:Interest on 30,000 for 6 months=Rs.30,000×8×612×100=1,200Interest on Rs.3,00,000, for full year @8%=Rs.3,00,000×8×1100=24,000Add:Interest on Rs.60,000,for 9 months=Rs.60,000×8×9100×12=3,60027,600Less: Interest on Rs.15,000 for 3 months=Rs.15,000×8×3100×12=300(MONEY withdrawn)

tion: SEE ATTACHED photo for explanation and ANSWER.

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Dr. Step 1− Locate the account in ledger, i.e., Mr A's Account. Step 2− Enter the DATE of TRANSACTION in the date column of the debit side of Mr A's Account. Step 3− In the 'Particulars' column of the debit side of Mr A's Account, the name of CORRESPONDING account is to be WRITTEN, i.e., 'Sales'.

X-axis=(5,0)   Y-axis =(0,5)COMPARING with (n,0)  and  (0,m)n=5  and m=5∴m+n=5+5=10

HJBHExplanation:ACCOUNT I REALLY DONT KNOW

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Depending on the DISTRIBUTION, data within 1 STANDARD deviation of the mean can be considered FAIRLY common and EXPECTED. Essentially it TELLS you that data is not exceptionally high or exceptionally low. A good example would be to look at the normal distribution (this is not the only possible distribution though).

cannot UNDERSTAND the QUESTION man.Explanation:PLEASE TELL it CLEARLY

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a 35000Explanation:LIABLITIES= ASSETS - CAPITAL =(5000+50000+20000+30000)-70000=105000-70000=35000

Past transactions or events....EXPLANATION:PLZZ MARK me brainlist

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By JOURNAL accounts are to record information about the effects of transitionExplanation:For example, STARTED Business with cash . Rs. 100000 on 1-4-19Every transaction in accounts has dual effect.This Transaction is KNOWN as Date PARTICULARS Debit amt CREDIT amt 1-4-19 Cash acc Debit 100000 To Capital Account. 100000

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he technical phrase of the INCOME TAX LAW, this ACCOUNTING or financial year is also known as the “previous year” of the assessee. For example, the PERIOD starting from 1 April 2012 and ending on 31 March 2013 will be treated as the financial year (FY) 2012- 2013, or the accounting year 2012-2013.

the accrued expense will be recorded as an account PAYABLE under the CURRENT LIABILITIES section of the balance SHEET and also as expense in the income STATEMENT

tion:A, B and C were partners sharing profits and LOSSES in the ratio of 1:2:3. Their capitalare 23000, 30000 and 17000 RESPECTIVELY. B retired. Capital has to be fully paid incash and the whole AMOUNT is brought in cash by A and C to make their capitalthereafter EQUAL. Calculate the amount brought by A.

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