Depreciation is appearing in the 'Trial Balance' of a firm. At the time of preparing 'Annual Accounts', it should be shown in:
Depreciation is present in Trial balance this means already a journal has been passed related to depreciation and has been posted in ledger. Now depreciation being a nominal account needs to be transferred to P&L account.
A trader marked an article 70% above its cost price and sold it after allowing a discount of 40%. If the transaction resulted in a profit of Rs. 24, the...
A purchased an article and sold it to B at 25% profit. B marked it up by 20% above the price at which A has purchased it and then sold it after giving a...
A trader bought some orange at 7 for Rs 11. He sold all at 2 for Rs 3. Thereby he losses Rs 30. Find number of oranges sold.
A Shopkeeper sold an article at 20% loss. If he had sold it for Rs. 420/- more, he would have made 40% profit, find the selling price of the article?
P purchased a book from registered store and gets 13% discount while Q purchased the same book from a roadside stall and got 18% discount. If Q paid Rs....
Article ‘P’, if sold at a profit of 15% earns a profit of Rs. 405. If article ‘P’ is marked 70% above its cost price and then sold after offerin...
A laptop costs 20 times the cost of a headphone. On the laptop there is a profit of 10% while the total profit on selling the headphone and the laptop i...
A man sells two articles at 29.180 each. He gains 8% on one article and loses 15% on the other. His overall profit or loss is:
A bought an article at 20% less of the marked price and sold it at 25% more than the marked price. Find the profit earned by him.
A shopkeeper marked an article P% above its cost price and sold it for Rs. 810 after giving a discount of 20%. If the shopkeeper had a loss of 7.4% on t...
