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Cost of MATERIAL consumed is the sum of all the cost spent to procure a RAW material , STORE it and till it consumed . All such costs are ADDED with the actual cost of raw material purchased to arrive at the cost of MATERIALS consumed....

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what is your QUESTIONS

So stocks in dept. ... The opening stock appears on the debit side of trading account and to reduce it to its cost the stock reserve is transferred to the credit side. The closing stock assumed to be out of the GOODS of this year and the profit element at the rate of G.P. of current year. HOPE its HELP. please mark it as brainliest answer.

is a TYPE of investment that REPRESENTS an ownership share in a company. ... When you purchase a company's stock, you're purchasing a small PIECE of that company, called a share. Investors purchase stocks in companies they think will go up in VALUE. If that happens, the company's stock increases in value as WELL.

ratio of 2:2:1. Their capital balances on 01.04.2017 stood at rs 90000, rs 60000 and rs 40000Hope this HELPS ❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️

what was the QUESTION..??

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this is the ANSWER..... PLZ FOLLOW me

The ANSWER is OPTION (a)...a

no COMMENTS??????????????

not POSTED in ladger.hope its helpfull

go through this HINT fill all the REQUIREMENTS by the HELP of QUESTION..... definitely it will help you

It is FALSETHE reason why CLOSING STOCK is not shown in trial balance takes into consideration whether or not closing stock has been adjusted with purchases or not. It is important to understand and endure so that a correct trial balance is prepared and the ledger balances are accurately checked.It is usually shown as an additional information or an adjustment outside the trial balance. ReasonClosing stock is the leftover balance out of goods which were purchased during an accounting period. TOTAL purchases are already included in the trial balance, Hence closing stock should not be included in the trial balance again. If it is included, the effect will be doubled.Suppose total purchases during an accounting period inside a Trial Balance are: 10,000 Closing Stock: 2,000 (This is included in purchases already)If both of these figures are shown in trial balance then there will be a mismatch of 2,000 because the effect has now been doubled in the trial balance. Also, No separate account is opened for closing stock inside the GENERAL ledger. Hence, closing stock is not to be shown in the trial balance.

tion:Journal is known as books of ORIGINAL entry because in this BOOK BUSINESS TRANSACTIONS are initially recorded.

your ANSWER is SUSPENSE ACCOUNT

tion:1.Building a/c. Dr. 10000 To WAGES a/c. 100002.Suspance a/c. Dr. 5000 To PATEL's a/c. 50003.Rohini's a/c. Dr. 9000 To Mohini's a/c. 90004.Building a/c Dr. 5000 To Purchase a/c. 5000

any supply of goods or services or both to a Special Economic Zone developer/unit will be considered to be a zero rated supply. That means these SUPPLIES attract Zero TAX RATE under GST. In other words, supplies into SEZ are exempt from GST. ... Click on Other Details and select Sale Nature as SEZ.

what is thisExplanation:Study of the townyou understaweet when theyAXYdo not have a Partewho has beenpartand share pot in theDutyY has devoted time to run the business and deund Z do not AGREE with himZ demands interest on the loan of 50.000 advancedwhich is 12V Net Profit before TAKING into ACCOUNT any of50.000 at the END of the first year of the business

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TE YOUR ANSWER ISRepairs1,050 Sundry Creditors21,000Sundry Exp.550Adiustments : On 31st MARCH, 2016 the stock was valued at 60.750. Rent and TAXES 300 were paid in advance.Depreciation is to be written-off at 242% on BUILDINGS. 5% on Machinery and 742% on Horses andHOOE THIS HELPS ❤️PLEASE MARK AS BRAINLIEST ❤️❤️FOLLOW ME

:8. When Error of Omission or Error of Commission is occurred, then this accounting Error affects the PROFIT.7. When any reserve is CREATED secretly without disclosing it in the Profit And LOSS Appropriation Account and the Liabilities side, then it is known as Secret Reserve.9. There are three parties in a billDrawer (The person drawing the BILL)Drawee (The person on whom the bill is drawn)Payee (The one who pays the bill)Hope this Might be useful....Please Mark the BRAINLIEST Answer ☺️

how to use it when I am ASKING why It is COMING WELL done 5 points I don't KNOW how to use it

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tion:The branch is not ALLOWED to make any EXPENSES except some petty expenses for which a PETTYCASH Book is maintained by the branch to keep records. ... in addition to above, a stock statement is prepared by thebranch which is remitted to HEAD Office stating all the information RELATING to goods received, sold and unsold.

any Errors are found  i.e to be shown in the questionTo find:a. Rectifying the journal entriesb. Suspense accountc. Effect of rectifying errors on the profits  Explain ?Solution:According to the given data, the journal entries are given below:a) Kamalnath A/c Dr RS 1,600          To Karunanath A/c  Rs 1,600(Being sale to kamalnath was rectified wrongly posted to karunanath)b) Suspense A/c  Rs 250         To Insurance A/c  Rs 250(Being Insurance paid posted TWICE)c) Sale A/c Dr Rs 1,500        To Machinery A/c  Rs 1,500(Being sale of machinery wrongly passed to sale book)d) Purchase A/c Dr Rs 600          To Kamesh A/c  Rs 600(Being Purchase to Kamesh not recorded)e) Commission A/c Dr Rs 80           To Suspense A/c Rs 80(Being Commission was not TAKEN into trial balance)f) Suspense A/c Dr Rs 700Purchase return A/c Rs 700(Being the purchase return undercast rectified)The preparation of the suspense account is presented below:                                        Suspense AccountTo Insurance Rs 250                                By Commission Rs 80To Purchase returns Rs 700                    By Balance C/d  Rs 830This error would shows the decrement in profits or increase losses, as income is not credited for profit and loss accounting. The effect on profit and loss should be offset when the error is correct as extra REVENUE will be added to the profit and loss account to increase the income or reduce the losses.Learn moreWhat is Errors of principle in Accounts ​ brainly.in/question/8355983

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ment that shows the financial position of a parent company and its subsidiary companies at a specified date by LISTING the asset balances and the CLAIMS on such assets. Businesses are OFTEN OPERATED as a group of companies and the consolidated balance sheet shows the combined results of the group.Hope it helps you ItzRiya✌️

A is the RIGHT ANSWER

You and your ERP selection team have met with various vendors, analyzed everything possible over the months, and now have a selection. The chosen vendor gave you a price and an estimate of your total costs to implement and begin using a new, powerful ERP system. Your management approved the project. Nevertheless, some will be surprised that your best estimate is likely short of the actual cost of implementing the ERP. Recent data taken from ERP projects reported that the average budget per user is $7,200 - a sizeable sum of money to SPEND if you have a lot of employees, but this isn't always the full picture of your total spend. There are almost always hidden costs to account for.1. Labor costsLabor is a major part of ERP implementation. You know up front you will spend a lot of money on labor for the implementation but it is unlikely you will guess right. Try to budget enough.You will need to convert data from your legacy ERP into formats that your new ERP can use. Every ERP contains a lot of data. You can be sure that data contained in one table must be converted into multiple tables and that data in multiple tables will be used in a single table. People will process these conversions. Some costs can be controlled by limiting the amount of historical data moved. You may also consider using automated conversion processes which will probably help.Your project team will remain on your payroll and you can expect significant overtime needed. Plus, all of the members of your team had other jobs before they were selected, and those jobs will need to be done. Plan on adding temporary staff and hiring new people to fulfill those jobs.You will need to supplement your IT staff as well. Every existing system, not only the ERP, needs to continue supporting your business. At the same time, IT people will be needed to support the implementation project.Many businesses hire consultants from their ERP provider to perform some of the work and to share their expertise during the project. That expertise is invaluable and will take years for your own staff to acquire. Those consultants are not CHEAP – they will likely bill you at several hundred dollars hourly.2. Training costsTraining is widely recognized as a major hidden cost. You know it is needed but estimating that cost with any accuracy is difficult.Your people will learn new processes. Someone will create a purchase order, much as they did with the legacy ERP, but the STEPS to do the same purchase order in the new ERP will be a little different.Your people will need to learn new skills. Where you might have copied data to a spreadsheet in the past, your new ERP allows USERS to build reports and dashboards within the system. This is an example of a new skill that needs to be trained. You should be sure to invest in cross-functional training, afterall, an ERP is an enterprise-wide set of tools. When your receiving clerk processes the receipt of materials for inventory, they are creating accounting transactions at the same time.A few of us learn completely after the first lesson. Most of us need additional training before we completely embody the lesson. Be ready with secondary training after some time passes – even after the implementation is considered complete. Be sure to have a review process built in to your controls as there will be a few people who thought they were doing the job as trained, but their methods inadvertently veered in an unexpected direction.ERP implementation projects often take more than a year to complete. Some people will leave the organization during that period and their replacements must be trained to the same standards or the success of your project can be COMPROMISED. These ERP costs, and the cost of recruitment, will be laid at the feet of you and your project.

ऋणपत्र या डिबेंचर एक तरह का प्रमान पत्र है जो जानकारी देता है कि कंपनी निवेशक को एक निश्चित राशि देगी। इस भुगतान में मूल राशि पर ब्याज और मैच्योरिटी होने पर पूंजी मिलती है। डिबेंचर मुख्यत: तीन प्रकार के होते हैं।पूर्ण परिवर्तनीय ऋणपत्र (फुली कंवर्टबिल डिबेंचर)इसमें निवेशक को ब्याज शुरुआती स्तर पर मिलता है। इस स्थिति में निवेशक को मूल राशि लौटायी नहीं जाती, सिवाय इसके कि निवेशक कंपनी में शेयरधारक न हो।अपरिवर्तनीय ऋणपत्र (कंवर्टबिल डिबेंचर)इन डिबेंचरों को इक्विटी या शेयरों में नहीं बदला जा सकता। यह मैच्योरिटी होने पर निवेशक को प्रिंसिपल अमाउंट अदा करते हैं।आंशिक परिवर्तनीय ऋणपत्र (पार्शियली कंवर्टबिल डिबेंचर)इए वो डिबेंचर होते हैं जो मैच्योरिटी के बाद मूल राशि के साथ कुछ इक्विटी और शेयर भी देते हैं।नॉन-कंवर्टबिल डिबेंचर दो विकल्प हैं। पहला क्यूमुलेटिव ब्याज और दूसरा दैनिक ब्याज का विकल्प। क्यूमुलेटिव विकल्प में मैच्योरिटी के बाद ब्याज दर और प्रिंसिपल अमाउंट मिलता है। इससे पहले कोई भुगतान नहीं मिलती। वहीं रोजाना ब्याज के विकल्प में निवेशक को ब्याज समय-समय पर मिलता रहता है। यह त्रैमासिक भी हो सकता है और वार्षिक भी। यदि आप ऐसी निधि की तलाश में है जो आपकी दैनिक की आर्थिक आवश्यकताएं पूरी करे तो वार्षिक विकल्प बेहतर है। मैच्योरिटी तक रखने पर इसकी आय लांग टर्म कैपिटल गेन में आती है। यदि आप टैक्स ३० प्रतिशत वाले टैक्स ब्रैकेट में है तो आपके लिए क्यूमुलेटिव विकल्प बेहतर रहेगा।

Entries : 1) Bank A/c To Deb. APPLICATION and Allotment2) Deb. Application and Allotment A/c Loss on issue of DEBENTURE A/c To 5% DEBENTURES A/c To Premium on REDEMPTION

Ananya Ltd. had an AUTHORISED capital of ₹ 10,00,00,000 divided into 10,00,000 EQUITY shares of ₹ 100 each. The COMPANY had already issued 2,00,000 shares. The DIVIDEND paid per share for the year ended 31st March,2007 was ₹ 30. The management decided to export its products to African countries. To meet the requirements of additional funds, the finance manager put up the following three alternate proposals before the BOARD of Directors:(a) Issue 47, 500 equity shares at a premium of ₹ 100 per share.(b) Obtain a long-term loan from bank which was available at 12% per annum.(c) Issue 9% Debentures at a discount of 5%.After evaluating these alternatives, the company decided to issue 1,00,000, 9% Debentures on 1st April, 2008. The face value of each debentures was ₹ 100. These debentures were redeemable in four installments starting from the end of third year, which were as follows:Prepare 9% Debenture Account form 1st April, 2008 till all the debentures were redeemed. I will be there at your question and my no is 8675215795

thesea.are just JOURNAL ENTRIES to be MADE

Shakti Enterprises LTD. issued 30,000; 8% Debentures of ₹ 100 each on 1st October, 2014 redeemable in FIVE equal annual installments starting with 31st March, 2018. The Board decides to transfer to Debentures Redemption Reserve ₹ 50,000 and ₹ 4,00,000 on 31st March 2015 and 2016 RESPECTIVELY and balance REQUIRED to be transferred to Debentures Redemption Reserve on 31st March, 2017. Pass JOURNAL entries. I will be there at your question my number is 956678856