Final Accounts ...

A business concern usually provides _______ for its customers for prompt payments.

Net Profit of business before charging commission is Rs 110,000 and manager is entitled to get commission of net profit before charging commission 10% p.a. , the commission will be calculated as Rs. _________.

Interest on capital is ______ for a business concern.

Net Profit of business before charging commission is Rs 8,00,000 and manager are entitled to get a commission of net profit after charging commission 20 %, the commission will be calculated as Rs _________.

Percentage commission to manager can be  calculate on net profit _______.

Debtors Closing Balance Rs 5000, R.D.D 10 % and Provision for discount on Debtors is  5% than what is its value of provision on discount.

The manager of business is given ________ on Net Profit.

Provision for Discount on Debtors is ___________ to Profit and loss account.

when provision is provided current years profit is ___________.

Interest on capital is calculated on _____________.