Question
A company fails to accrue wages for march that will be
paid in April. The company’s year-end balance sheet liabilities:Solution
Accrued expenses are incurred but not yet paid or recorded. It should have been included in the liabilities side of the balance sheet in the accrued month. Also, as outstanding expenses in profit and loss statement. Without this entry, net income and owners’ equity are overstated, while liabilities are understated.
If the third proportion of 8 and 16 is “0.5k”, then find the value of (k − 4) : (k + 14).
If the third proportion of 16 and 20 is “0.5k”, then find the value of (k − 20) : (k + 10).
What must be added to each term of the ratio 4:9 so that it may equal to 3:4?
A sum of money is divided in the ratio of 5 : 6. If the larger part is 192. Find the smaller part.
...If the mean proportion of 0.54 and 0.24 is 'x', then find the third proportion of (x + 8.64) and (2x + 5.28) .
The ratio of number of boys and girls in a factory of 660 workers is 7:5. How many more girls should be joined to make the ratio 1:1?
In a class of 355 students, 255 are girls and remaining are boys. Among boys, the ratio of number of boys who are wearing caps to those who are not wear...
Find the third proportion of 9 and 15.
Find the third proportional to 13 and 52?
Rs.12000 was divided among A, B and C in the ratio 3:4:5. B kept Rs.1500 for himself, gave Rs.500 to his mother and divided the remaining money among hi...