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  1. M

    Economics, Accounting & Business: Post your doubts here!

    Increasing the sales volume, which means increasing the number of goods sold... Increases gross profit or netprofit? Or the both?
  2. M

    Economics, Accounting & Business: Post your doubts here!

    Thnx :)
  3. M

    Economics, Accounting & Business: Post your doubts here!

    Guys, plz someone answer When there is interest on loan to a partner... Its is placed in the profit and loss a/c but not the appropiation a/c and its also recorded in the current a/c of that partner at the credit side.. Am I right?
  4. M

    Economics, Accounting & Business: Post your doubts here!

    Yup! U r right (Y) thnx for the help :)
  5. M

    Economics, Accounting & Business: Post your doubts here!

    it says that the cost of production is 240000 and so the markup is 20 % so thus as u know the factory profit will simply be 20/100 into 240000 thats 48000.and see ans u may be knowing that provision for unrelaised profit is always deducted to get the correct balance of the factory profit...
  6. M

    Economics, Accounting & Business: Post your doubts here!

    I keep on getting A as answer, and the mark scheme says that its B? :S I dont understand why? :S
  7. M

    Economics, Accounting & Business: Post your doubts here!

    Mad Gal do u have any doubts in accounting xD? just asking...
  8. M

    Economics, Accounting & Business: Post your doubts here!

    Yup! thats what i exactly meant :) thnx :) appreciate everything u did :)
  9. M

    Economics, Accounting & Business: Post your doubts here!

    thhhhnnnnnx :) i thought that too (Y) (y)
  10. M

    Economics, Accounting & Business: Post your doubts here!

    thnx understoood :) but that profit which is 20000, where it goes?? other than in the manufacturing account?
  11. M

    Economics, Accounting & Business: Post your doubts here!

    guys, plz someone answer this question In the manufacturing account, after taking out the cost of production and the profit from the production, comes the amount transferred to the trading account, the question is = What is the other treatement of the profit from production??
  12. M

    Economics, Accounting & Business: Post your doubts here!

    Plz help! in this question, why the answer is B and not A :S :S thnx in advance
  13. M

    Economics, Accounting & Business: Post your doubts here!

    thank u very much!!!!! appreciate that :) :) understood (Y) thaaaaaaaaaaaaaanks :)
  14. M

    Economics, Accounting & Business: Post your doubts here!

    i didnt quite understand the second question, why the cost per unit increases by less than 20%? sry :S may u explain :S thnx in advance :)
  15. M

    Economics, Accounting & Business: Post your doubts here!

    yeah! how u got it :S??
  16. M

    Economics, Accounting & Business: Post your doubts here!

    i tried to solve it , but still didnt got the right answer :S
  17. M

    Economics, Accounting & Business: Post your doubts here!

    Guys, plz help me in this question :S why the answer is A and not B?? thnx in advance :)
  18. M

    Economics, Accounting & Business: Post your doubts here!

    An account used to record gains and losses when assets are revalued, for example, the machinery at 1/1/2010 was valued at $12000, then at the year end it is revalued at 14000, so the 2000 difference goes to the revaluation account in the credit side, and it is shown in the Reserves section at...
  19. M

    Economics, Accounting & Business: Post your doubts here!

    parthrocks page 605 from the PDF not the book, page 605 from the PDF not the book
  20. M

    Economics, Accounting & Business: Post your doubts here!

    neither I :S plz anyone help in this question :S http://www.xtremepapers.com/papers/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s03_qp_1.pdf its question 14 and the answer is C!
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