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There are two key types of costs addressed by the cost ESTIMATION process:DIRECT costs: Costs ASSOCIATED with a single AREA, such as a department or the project itself. ...INDIRECT costs: Costs incurred by theorganization at large, such as utilities and quality control.

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hyExplanation:AMOUNT invested by the OWNER in the firm is KNOWN as capital . It may be brought in the FORM of cash or assets by the owners for the business entity capital as an obligation and a claim on the ASSET of business

Ms. Maryam is planning to START a NEW project for her business. She estimates that though her project NEEDS a large sum of initial INVESTMENTS the PAYBACKS are usually delayed

:❖ The New Profit Sharing Ratio of Suresh, Ramesh, Deepak and Karan will be 119 : 65 : 56 : 48.___________________________________________________________SOLUTION :❒ Given :- Suresh and Ramesh were partners in a FIRM sharing profits in 5 : 3 ratio.Deepak was admitted as a new partner for th share of profit on 1st April, 2018.Karan was admitted as a new partner for th share of profit on 31st JULY, 2018.Karan acquired his share equally from Suresh, Ramesh and Deepak.❒ To Calculate :- New Profit Sharing Ratio of Suresh, Ramesh, Deepak and Karan = ? ____________________________________________❒ Calculation :- It is given that,Deepak was admitted as a new partner for th share of profit. Suppose,Total Profit of the firm = 1Then, Share of Deepak = th of 1⟹ Share of Deepak = So, Remaining Share = 1 - Share of Deepak⟹ Remaining Share = 1 - ⟹ Remaining Share = This remaining share of will be shared by Suresh and Ramesh in their old ratio. Here,Old Profit Sharing Ratio of Suresh and Ramesh = 5 : 3.So, ⍟ New Share of Suresh = of ➜ New Share of Suresh = × ➜ New Share of Suresh = And, ⍟ New Share of Ramesh = of ➜ New Share of Ramesh = × ➜ New Share of Ramesh = Also,⍟ Share of Deepak = ➜ Share of Deepak = ➜ Share of Deepak = Thus,✫ Profit Sharing Ratio of Suresh, Ramesh and Deepak = New Share of Suresh : New Share of Ramesh : Share of Deepak ➝ Profit Sharing Ratio of Suresh, Ramesh and Deepak = : : ➝ Profit Sharing Ratio of Suresh, Ramesh and Deepak = 15 : 9 : 8Again,Karan was admitted as a new partner for th share of profit on 31st July, 2018.Karan acquired his share equally from Suresh, Ramesh and Deepak.So,✠ Karan acquired share from Suresh = of ⟾ Karan acquired share from Suresh = × ⟾ Karan acquired Share from Suresh = SIMILARLY,✠ Karan acquired share from Ramesh = And,✠ Karan acquired share from Deepak = So,❍ Karan's Share = Share acquires from Suresh + Share acquires from Ramesh + Share acquires from Deepak➜ Karan's Share = + + ➜ Karan's Share = Also,Profit Sharing Ratio of Suresh, Ramesh and Deepak = 15 : 9 : 8.So, Old Share of Suresh = Old Share of Ramesh = Old Share of Deepak = Also,Share Sacrificed by Suresh = Share Sacrificed by Ramesh = Share Sacrificed by Deepak = Therefore,★ Suresh's New Share = Suresh's Old Share - Share Sacrificed by Suresh ➨ Suresh's New Share = - ➨ Suresh's New Share = ★ Ramesh's New Share = Ramesh's Old Share - Share Sacrificed by Ramesh➨ Ramesh's New Share = - ➨ Ramesh's New Share = ★ Deepak's New Share = Deepak's Old Share - Share Sacrificed by Deepak➨ Deepam's New Share = - ➨ Deepak's New Share = And,★ Share of Karan = ➨ Share of Karan = ➨ Share of Karan = Hence,✪ New Profit Sharing Ratio of Suresh, Ramesh, Deepak and Karan = New Share of Suresh : New Share of Ramesh : New Share of Deepak : Share of Karan⇒ New Profit Sharing Ratio of Suresh, Ramesh, Deepak and Karan = : : : ∴ New Profit Sharing Ratio of Suresh, Ramesh, Deepak and Karan = 119 : 65 : 56 : 48

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Ram's A/c_Dr (6000)To SALES A/c (6000)(Being goods SOLD to Ram on credit)Reason : Ram(Debtor) Account is DEBITED because it increases the balance of DEBTORS(Assets) Account and Sales(Revenue) Account is CREDITED because it increases the balance of Sales(Income) Account.

8,000 LOSS Explanation:28000-20000

1 : the manner in which technical details are treated (as by a writer) or basic physical MOVEMENTS are used (as by a DANCER) ALSO : ability to treat such details or use such movements good piano TECHNIQUE. 2a : a body of technical methods (as in a craft or in scientific research)

avel sells ATVs. One of Land Travel’s most popular models is the Morado. During the current year, Land Travel purchased eight of these cycles at the FOLLOWING costs: Units Unit Total Purchase Date Purchased Cost Cost Apr. 1 3 $3,700 $11,100 Apr. 17 4 3,900 15,600 May 5 3 4,000 12,000 10 $38,700 On April 25, Land Travel sold four Morado’s to the Julie Sports racing team. The remaining six ATVs remained in inventory at June 30, the end of Land Travel’s fiscal year. Assume that Land Travel uses a perpetual inventory system. (See the data give on PAGE 8-2.) Instructions: Compute (a) the cost of goods sold relating to the SALE on April 25 and (b) the ending inventory of Morado ATVs at June 30, using the following cost flow assumptions: Average cost (Round cost to nearest whole dollar) FIFO LIFO Show the number of units and the unit costs of each layer comprising the cost of goods sold and ending inventory.

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tion:Analyse the following TRANSACTIONS, state the nature of accounts and state which account will be debited and which account will be credited:
{:(,,,"₹"),(1.,"Anuj started business with cash",,1","00","000),(2.,"Deposited cash into bank for opening an account",,50","000),(3.,"Withdrew cash for personal use",,5","000),(4.,"Withdrew cash from bank for office use",,10","000),(5.,"Received a cheque from debtor Shyam",,5","000),(6., "Deposited Shyam's cheque next DAY.",,),(7.,"Paid to a creditor Mahesh by cheque",,10","000),(8.,"Paid salary to staff",,20","000),(9.,"Paid RENT by cheque",,6","000),(10.,"Paid interest on LOAN",,5","000):}

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•In the BOOKS of the Head Office, Branch Account is DEBITED with the goods supplied and all expenses met by Head Office and credited with all remittances and returns, SIMILAR to Customers Account. Therefore, the system can be called Debtors System or One Account System.•Branch Stock Adjustment Account is prepared at Invoice Price. The difference between the two sides of this account reveals either GROSS profits (if credit side to greater than the debit side) or gross loss (if debit side is greater than the credit side).Explanation:#KeepLearning......Warm regards:Miss Chikchiki

tion:Following was the Balance Sheet of A and B who were sharing profits in the ratio of 2:1 as atstThey AGREE to ADMIT C into the partnership on the following terms:(a) C was to bring in Rs.7,500 as his capital and Rs.3,000 as goodwill for 1/4 th share in the firmhope you LIKE this answer.thanks so much

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enues and expenses are earlier taken on the BASIS of vat but today after COMING gst in 2017 it was taken on the basis of gst. they are related as they are ACCOMMODATE in net GAIN or loss in stock market

gksyksyoe5qmyskhxlhchls5iwyosy the FIRST time in the first time in the first time in the first time in the first time in the first time in the first time in the first time in the first time in the first time in the first time in the first timeExplanation:raskgsykd5 the first time in the first ONE I UNDERSTAND you have a GREAT time and CONSIDERATION I have been a while and it

Calculation of interest on capital.Interest on X capital20,000× 1006 =Rs1200Interest on Y's capital10,000× 1006 =Rs600Total interest (1200+600)=Rs1800Total profits AVAILABLE = Rs.1500As total interest on capital is more than total profits, so profits of Rs 1500 to be DISTRIBUTED between X & Y as per their interest on capital ratio.X:YInterest on capital = 1200:600 or 2:1∴ X SHARE = 1500× 32 =Rs1000Y share = 1500× 31 =Rs500Part (ii)When interest on capital is charge, complete interest on capital will be charged.Total interest = Rs. 1800Total Profit = Rs. 1500There is loss of Rs. 300. This loss of Rs. 300 will be distributed between X and Y in 2:3 ratio. X share of loss = 300*2/5 = Rs. 120Y share of loss = 300*3/5 = Rs. 180.Explanation:please mark as brainliest

ry accounts, which are also called nominal accounts, are company accounts whose BALANCES are not CARRIED over from one accounting PERIOD to another, but are CLOSED, or transferred, to permanent accounts at the END of an accounting period.

the PROCESS by which green PLANTS turn carbon dioxide and water into food using ENERGY from sunlightसूर्य के प्रकाश से हरे पौधों द्वारा कार्बन डाइ-ऑक्‍साइड और जल को भोजन का रूप देने की प्रक्रिया; प्रकाश-संश्‍लेषण; फ़ोटोसिंथीसिस

Explanation:transaction 1 assets                                                          = liabilities                      +CAPITAL cash     + furniture  + stock                             CREDITORS 50,000                                                                                                   50,000 ------------------------------------------------------------------------------------------------------ 50,000                                                                                                   50,000 transaction 2 -6000       + 6000 ---------------------------------------------------------------------------------------------------- 44,000      + 6000                                                                                 50,000 transaction 3                               + 15000                                     15000 ---------------------------------------------------------------------------------------------------- 44,000      +6000    + 15000                            =         15000           + 50,000 transaction 4 -4000                        -5000                                                              -  9,000 --------------------------------------------------------------------------------------------------- 40,000      + 6,000  + 10,000                          =           15000         + 41000 --------------------------------------------------------------------------------------------------- transaction 5 +10,000                     -8000                                                                +2000 --------------------------------------------------------------------------------------------------- 50,000  +  6,000     + 2,000                         =             15000           + 43,000 --------------------------------------------------------------------------------------------------- transaction 6 -10000                                                                        -10000 ----------------------------------------------------------------------------------------------------- 40000 + 6000   + 2000                               =               5000             + 43,000 --------------------------------------------------------------------------------------------------- transaction 7 + 2000                                                                                               +2000 --------------------------------------------------------------------------------------------------- 42000  + 6000  + 2000                                =              5000         + 45000 --------------------------------------------------------------------------------------------------

:★ Hidden GOODWILL➲ When the value of goodwill is not given in the question but has to be inferred on the basis of net worth of the firm then it is called Hidden goodwill.___________________________________________________________EXPLANATION :❒ Hidden Goodwill :- ✎ Sometimes the value of goodwill of a firm doesnot appears in the BOOKS of accounts and hence it is not given in the question. In such a situation, goodwill is inferred on the basis of the net worth of the firm. Such goodwill is known as Hidden goodwill or Inferred goodwill.❒ Calculation of Hidden Goodwill :- ✎ The amount of Hidden goodwill is calculated by ASCERTAINING the difference between the CAPITALIZED value of the firm and capital invested (net worth) by all partners. For this purpose, the net worth of the firm is deducted from the capitalized value of the firm.❍ Formula :✠ Goodwill = Capitalized Value of Firm – Net worth (Capital) of FirmWhere, ➛ Capitalized Value of Firm = Capital Invested by the New Partner × Reciprocal of Share of the New PartnerAnd, ➛ Net worth (Capital) of Firm = TOTAL Capital of Invested by the Partners (Including New Partner) + All Reserve

Capital EXPENDITURES are TYPICALLY one-time LARGE purchases of fixed ASSETS that will be used for revenue GENERATION over a longer period. Revenue expenditures are the ongoing operating expenses, which are short-term expenses used to run the daily business operations.

Dual Government in Bengal was introduced by Robert Clive in 1765 and continued till 1772. Under this system the administration of Bengal was divided in to TWO parts- Diwani and Nizamat. Diwani means right to collect revenue was given to company and Nizamat means administrative rights were given to nawab.wanted to regulate administrative expenditurePrecipitation, water availability, sunlight, and temperature are all abiotic factors. Deserts are characterized by their lack of rainfall. Although we usually think of deserts as being hot, some deserts can be cold too. Most deserts get AROUND 10 inches of rain per year.Abiotic components of desert ecosystemAnswer: The five rational number between 1 and 2 are; 11/10, 12/10, 13/10, 14/10, 15/10. A rational number is a number that is of the form p/q where p and q are integers and q is not equal to 0. The set of rational numbers is denoted by Q.Find five rational numbers between -1/2 and 2A century is a period of 100 years. CENTURIES are numbered ordinally in English and many other languages. The word century comes from the Latin centum, meaning one HUNDRED. Century is sometimes ABBREVIATED as c. what is Century2,456,824568 is divisible by 11?

tion:Calculation of new profit sharing RATIO:Let total profit = 1C' SHARE = 1/4Remaining share = 1 - 1/4 = 3/4A' new share = 3/4 of 3/4 = 9/16B's new share = 1/4 of 3/4 = 3/16C's share = 1/4 = 4/16Th new profit sharing ratio of A, B and C is:= 9:3:4A's sacrifice = 3/4 - 9/16 = (12-9)/16 = 3/16B's sacrifice = 1/4 - 3/16 = (4-3)/16 = 1/16Sacrificing ratio of A and B = 3:1Sacrificing ratio of the existing partners is same as their existing ratio.

The CELL (from Latin cella, meaning "SMALL room") is the basic structural, FUNCTIONAL, and biological unit of all known organisms. CELLS are the smallest units of life, and hence are often referred to as the "building blocks of life". The study of cells is called cell biology, cellular biology, or cytology.Explanation:sorry for spamming your question. please drop 30 thanks I will return you back.

पूर्वाधिकार अंश से तात्पर्य उस तरह के अंशो से हैं, जिनको समता अंशों की तुलना में लाभांश तथा पूंजी वापसी में प्राथमिकता दी जाती है। EXPLANATION: पूर्वाधिकार अंशों का अंकित मूल्य ज्यादा होता है। पूर्वाधिकार अंशों के ऊपर निश्चित दर से लाभांश समता अंशों से पहले दिया जाता है।

Accounts PAYABLE are AMOUNTS which are OWED by a business to its suppliers for the purchase of trade goods or services, they are SOMETIMES referred to as trade payables or trade creditors.

the credit balance of an income and EXPENDITURE account indicates deficit. the account which SHOWS change in the value of assets and LIABILITIES is called as REVALUATION account/profit and loss adjustment account.

A cash BOOK is a subsidiary of the general ledger in which all cash transactions during a period are recorded.The cash book is recorded in chronological order, and the balance is UPDATED and verified on a CONTINUOUS basis.Larger organizations usually divide the cash book into TWO parts: the cash disbursement journal and the cash receipts journal.A cash book differs from a cash account in that it is a separate ledger in which cash transactions are recorded, whereas a cash account is an account within a general ledger.There are three common types of cash books: single COLUMN, double column, and triple column.

The audit general has prescribed the FORM of journal voucher format as designed by AGF No. 10, which is MAINTAINED by both central and operating level officers. Journal voucher is the basis for recording transaction in ledger accounts.Hope this will be helpful.If you THINK this ANSWER is CORRECT, then please mark as brainliest..

the fact or phenomenon of light, radio waves, etc. being DEFLECTED in passing obliquely through the INTERFACE between one MEDIUM and another or through a medium of varying density.change in direction of propagation of any wave as a RESULT of its travelling at different SPEEDS at different points along the wave front.measurement of the focusing characteristics of an eye or eyes.

Photosynthesis is a process used by plants and other ORGANISMS to CONVERT light energy into chemical energy that, through cellular respiration, can later be released to fuel the organism's metabolic activities. This chemical energy is STORED in carbohydrate MOLECULES, such as sugars and starches, which are synthesized from carbon dioxide and WATER – hence the name photosynthesis

a noun is a NAME of a PERSON, PLACE, animal or thingsExplanation:...............I'm so sorry DEAR I don't know the answer