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GP ratio is margin
Mrgin u change it to mark up
Mrgin u change it to mark up
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normal sales are those that are sold as routine, wont include sales return n clearance should be deducted
Dr current ac Henry 6600
Cr current ac Robin 1000
Dr current acc henry 10400
Cr current acc Intrst on capital Henry 120000*8%
Robin 80000*8%
Dr current acc Drawings Henry 120000*10%
Robin 80000*10%
Dr current acc int on drawings Henry and Robin (drawings amount * 5%)
Cr current acc Salry of Henry and Robin
Find ou NP and divide the share of profits according to the ratio of capital invested and cr it to current ac
Find the remaining balance
you guys ever heard of "start a conversation" in xpc?
so many messages -_-LOL y?
Why is it wrong?
No i havent
so many messages -_-
its done check conversationhttp://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w08_qp_2.pdf
How to get the capital acoount balances fr each year? :O :O :O
Q1a
its done check conversation
Yes thank you i realised hw careless i can become
lol too much studying leads to being careless
?Can anyone tell me do we need to include interest on loan ( if the loan is used to finance the project ) when calculating NPV and ARR?
Hmm hu sed that i studied too much?
LOL maybe
Hope it dsnt happen tomorow as well
well if u havent studied properly you will keep reading the question many times *speaking with experience*
conversation??? what does this word mean?you guys ever heard of "start a conversation" in xpc?
conversation??? what does this word mean?
I know that! just kidding himThe PMs
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