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imply MEANS left side; credit means right side.Remember the accounting equation? ASSETS = LIABILITIES + EQUITY The accounting equation must always be in BALANCE and the RULES of debit and credit enforce this balance.please mark me brain mark list

a. During June, the company earned $ 3210 of rental FEES paid in advance on June 3. b. Office supplies on hand at June 30, are estimated at $ 1160. c. The rental equipment is being is being deprecated over a period of 10 years. d. The advance payment of RENT on June 3 covered a period of four months. E. As of June 30 seven days rent onequipment rented to M.L .COMPANY has earned. f. As of June 30,interest accrued on note payable AMOUNTED to $ 1050. g. Salaries earned by employees amounted to $ 960. h. Required: A. Prepare ledger in T format. (12 Marks) B. Prepare a ten column work sheet.( 20 Marks) C. Prepare four closing entries from work sheet (08) D. Prepare income statement (03 marks), a statement of equity (04 marks) and a Balance sheet.

Examples of Goods. Goods are material items that you can purchase. Anything that you can find in a GROCERY store, farmer's market, shopping mall, HOME improvement shop, or any other store is a good. The prices of goods are largely determined by the supply and DEMAND of an economy.Explanation:Hope it will help

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In a large business concern a journal is DIVIDED into parts so that several clerk COULD WORK at the same time. This is KNOWN as subdivision of journal.

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and Closing stock can be further CLASSIFIED on the BASIS of their STAGE of completion. Following are the stages:-1. Raw material2. work-in-progress3. FINISHED goods

It is the PRIMARY section in the records, either when an organization is first beginning up its records or following a year-end. Closing CAPITAL is put with the capital and after that ADDED together. e.g. assets - LIABILITIES = capital. or, then again e.g. assets = capital + liabilities.

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A good definition of profit is "the reward or return for taking risks & MAKING investments". For most businesses, making a profit is a key BUSINESS objective. You also need to appreciate that profit is also the most IMPORTANT source of CASH flow & finance for a business. PLEASE mark me as the brainliest.

11. LTD AC system with an authorizedKat capable of 20 lakh divided into 2008 40 USES of 10 is out of these 4800 equity share with issued to a vendor as fully paid TOWARDS purchase consideration for a building acquired 1030 100 shares where coffer to the public and of this 1020 100 shares were applied for and allotted the DIRECTION cosx Persia and receive the entire amount of expert echoloft to share on 5000 share show the returned ITEMS of the balance sheet of tidy

Building customer relationships is important because they increase sales, reduce customer ATTRITION, DELIVER invaluable MARKETING, boost EMPLOYEE morale and turn customers into your R&D department.Photosynthesis is the process by which PLANTS use sunlight, water, and carbon dioxide to create oxygen and energy in the form of sugar.

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The number of byes are decided by SUBTRACTING the number of TEAMS from the next higher number which is in power of TWO's. Formula for calculating number of matches=n-1,where n is the total number of teams participating in the tournament.Formula to calculate the BYE is:(a) Subtract from next power of two (b) Addition from next power of two(c) As per number of teams (d) None of theseFind all zeroes of polynomial x* +X-34X°. 4x+120, if two of its zeroes are 2 and 2x2 - 4 is a factor of f(x). Now, we divide X4 + x3 − 34x2 − 4x + 120 by g(x) = x2 - 4 to find the other zeros of f(x). Hence, the zeros of the given polynomial are -2, +2, -6 and 5.

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tion:Direct and Indirect Expenses DefinedDirect expenses are the expenses that a business incurs that are DIRECTLY associated with a cost OBJECT. ... Troy NOTES the following expenses: rent, UTILITIES, employee WAGES, auto parts, office supplies, transporting auto parts, legal fees, and insurance.

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accountancy is the measurement, processing, and communication of financial and NON financial information about economic entities such as businesses and CORPORATIONS. ... PRACTITIONERS of accounting are known as accountants. The TERMS "accounting" and "financial reporting" are often used as synonyms.

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The target marketing PROCESS provides the fundation for selecting the target market – a CHOSEN segment of the market that an organization wishes to serve. It consists of the 3 step process of (1) SEGMENTATION, (2) targeting, and (3) POSITIONING.

Definition and Explanation of Nontrading CONCERNS:Individuals or institutions with ACTIVITIES other than trade are known as non-trading concerns. Examples of nontrading concerns are CLUBS, hospitals, LIBRARIES, colleges, athletic clubs etc.Explanation:I hope this will help you Plz make me brainliest

Forests provide a wide range of economic and SOCIAL BENEFITS to humankind. These include contributions to the overall economy – for EXAMPLE through EMPLOYMENT, processing and trade of FOREST products and energy – and investments in the forest sector.

भारतात सहकारी संस्थांची चळवळ खूप दशके सुरू आहे. छोट्या गृहनिर्माण संस्था ते मोठा साखर कारखाना, दूध डेअरी अशी विविधांगी रूपे या प्रक्रियेतून आकाराला आली आहेत. केंद्र सरकारने मार्च २०11 मध्ये ९७वी घटनादुरुस्ती करून देशभरातील सर्व राज्यांतील सहकार कायद्याला घटनात्मक अधिकार प्राप्त करून दिला. यापूर्वी प्रत्येक राज्यातील सहकार कायदा वेगळा होता. देशपातळीवर हा कायदा एकच असावा, या उद्देशाने केंद्राने ही दुरुस्ती केली. महाराष्ट्र राज्यातील सर्व संस्था 'राज्य सहकार आयुक्त आणि निबंधक, सहकारी संस्था, महाराष्ट्र राज्य, पुणे' या कार्यालयाच्या नियंत्रणाखाली येतात.[२]महाराष्ट्राचा सुधारित सहकार कायदा संपादन करामहाराष्ट्राने केंद्राच्या आदेशानुसार १३ ऑगस्ट २०१३ पासून नवीन सुधारणा व दुरुस्त्या यांसह सहकार कायदा अंमलात आणला आहे.[३] यातील सुधारणांचे चांगले परिणाम थोड्याच कालावधीत झालेल्या निवडणुकांवर दिसून येत आहेत. [४]अनेक सहकार सम्राटांचा यातील सुधारणांना विरोध आहे.[५]

of the Journal Entry•The accounts into which the debits and credits are to be recorded.•The date of the entry.•The accounting period in which the journal entry should be recorded.•The name of the person RECORDING the entry.•Any managerial authorization(s)•A unique number to identify the journal entry.•Whether the entry is a one-time entry, a recurring entry, or a reversing entry.• It MAY be necessary to attach extensive documentation to the journal entry, to PROVE why it is being recorded; at a minimum, provide a BRIEF description of the journal entry.• A journal entry is a record of the businesstransactions in the accounting books of a business. A properly documented journal entryconsists of the correct date, amounts to be debited and credited, description of thetransaction and a unique reference number.

85000Explanation:15% of 100000 is 15000Journal ENTRY isKalu a/c dr. 85000to SALES a/c 85000trade discount is not added in books of accountthis is the complete ANSWER pls MARK it as brainliast

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To APPLY these rules one must FIRST ascertain the TYPE of account and then apply these rules.Debit what comes in, Credit what goes out.Debit the receiver, Credit the giver.Debit all expenses Credit all income._______________...❀♡❀...________________

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(i) 3 Years' purchase of Average Profit method:Step 1: Calculation of Average Profit:Average Profit=[(200000-100000)+(180000-100000)+(160000-100000)]/3 = 80000Step 2: Calculation of Goodwill:Goodwill= 80000 * 3 = 240000 (II) 3 Years' purchase of Super Profit method:Step 1: Calculation of Capital Employed: Capital Employed= total assets- EXTERNAL liabilities = 700000-100000 = 600000Step 2: Calculation of NORMAL Profit:Normal Profit= 600000* [10/100] = 60000Step 3: Calculation of Average Profit:Average Profit=[(200000-100000)+(180000-100000)+(160000-100000)]/3 = 80000 Step 4: Calculation of Super Profit:Super Profit= 80000-60000 = 20000Step 5: Calculation of goodwill: Goodwill= 20000 * 3 = 60000(III) Capitalisation of Super Profit Method:Step 1: Calculation of Capital Employed: Capital Employed= total assets- external liabilities = 700000-100000 = 600000Step 2: Calculation of Normal Profit:Normal Profit= 600000* [10/100] = 60000Step 3: Calculation of Average Profit:Average Profit=[(200000-100000)+(180000-100000)+(160000-100000)]/3 = 80000 Step 4: Calculation of Super Profit:Super Profit= 80000-60000 = 20000Step 5: Calculation of goodwill: Goodwill= Super Profit * [100/Normal Rate of return] = 20000*[100/10] = 200000(iv) Capitalisation of Average Profit method:Step 1: Calculation of Average Profit:Average Profit=[(200000-100000)+(180000-100000)+(160000-100000)]/3 = 80000 Step 2: Calculation of capitalised value of profit:Capitalised value of profit= 80000*[100/10] = 800000Step 3: Calculation of Capital Employed: Capital Employed= total assets- external liabilities = 700000-100000 = 600000Step 4: Calculation of goodwill:Goodwill= 800000-600000 = 200000

the meaning of DREADFUL STOP for the GROWTH of towns and cities in the

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The above mentioned characteristics (relevance, materiality, UNDERSTANDABILITY, comparability, consistency, reliability, neutrality, TIMELINESS, economic realism) MAKE financial REPORTING information useful to users. These normative qualities of information are based largely upon the common needs of users.

ics, energy is the quantitative PROPERTY that must be transferred to a body or physical system to PERFORM work on the body, or to heat it. Energy is a conserved quantity; the LAW of conservation of energy states that energy can be CONVERTED in FORM, but not created or destroyed.

tion:Read the case carefully and answer the questions only: 77% : I am a supervisor at a modern soap factory built about ten years ago at Ghaziabad, which is a fast developing town in Uttar Pradesh and lies about 18 miles away from Delhi, the capital city The factory is situated in beautiful and what one might call rural surroundings. The factory is itself surrounded buyi cultivable land and many of the factory workers own ancestral property here. The pattern of living of the workers, in most cases, conforms to the joint family system I feel that production at our factory has never come up to management's expectations for several reasons. One of these is heavy absenteeism, for during the AGRICULTURAL season the factory workers stay at home to cultivate their own land. Since the worker is also a farmer, there is no dearth of food, and his factory job only provides him with liquid cash. Because he does not depend upon factory wages alone, the factory worker takes things easy, which results in a situation of chronic absenteeism in the factory. About six years ago, within the same factory compound, a fruit processing unit was also added by the company. The jobs in this unit are seasonal; that is, only during the fruit-growing season it does work to its full capacity. The unit employs 22 workers. All of them are given semi-skilled grade E jobs. During the season, besides the bottling of fruit products, fruit juices are also filled in wooden casks and stored up, so that in lean periods, they could be bottled. Some of the jobs done in the unit are peeling fruit, extracting juice, boiling juice and other ingredients into syrups or jams, bottling, capping, labeling, storing, and keeping the premises clean. During the lean period the major portion of all these jobs come to an end and therefore part of the work-force is transferred to the scap plant and ALLIED sections, to make good labour SHORTAGES which occur there. However, a small portion of workers who remain in the fruit-processing plant are given light jobs, such as keeping the premises clean, rolling the barrels, and do on. The only exceptions are the two workers who are engaged in filling and capping bottles. They have an obvious job title: Bottle Filler and Capper. All workers in the fruit-processing unit are permanent employees. When these two workers-Bottle Filler and.Capper-see others having an easy time they become disgruntled and demand higher wages, or that others do the filling and capping jobs as well. They cannot be given higher grades because in the soap factory people doing almost similar jobs are in E grade and they too would then claim higher grades. The other workers cannot be MADE to do these jobs because production would suffer. The bottle filler and capper have done the job for years and have attained great speed in doing it. Others cannot match that speed. I first cajoled those two workers and also counseled them but without success. Finally, I threatened them with punitive action. This has only RESULTED in a 'go slow' response from them. I am faced with a dilemma. I am convinced that so far as my unit is concerned these two workmen's demands are just and fair since the workload on them is definitely more than on the others in the unit and also their jobs are more skilled than that of the rest of the workers there However, in the context of the entire factory, their demands cannot be conceded. Questions 1. What is the main problem in this case? 2. What are your views about the problem as the supervisor? 3. What would have been your way of handling the problem as supervisor and as part of the management? Explain the possible consequences of the action taken to restore productivity in the food processing unit. 4. Suggest possible measures to resolve the major problem faced by the organization.

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tion:10. SALARY a/c DR. 20000 To BANK a/c 20000I hope your QUERY is now SOLVED