Final Accounts ...

Providing Interest on Capital _______ net profit.

Opening capital Rs. 100000 and additional capital on 1st Oct was Rs. 20000
Interest on capital @ 10% on 31st march closing will be ?

When the firm thinks of availing discount on bulk purchases, then ____________________________.

Choose the correct chronological order of ascertainment of the following profits from the profit and loss account.

Commission to manager is __________ to Profit and loss Account.

ABC analysis of inventory __________________________.

When interest on capital is allowed _________ is credited.

Commission due but not paid to the manager at d end of the years appears under __________ side.

In computing the return on capital employed the profit figure to be taken into account is __________________.

At the end of the year, balance of salary account is transferred to ________.