Financial State...

Which of these is credited to revaluation a/c

Profit is said to have been earned if ___________.

If the sale is Rs. 5,000 and the rate of profit on cost of goods sold is 2596 then the cost of goods sold is

Interest accrued and due is shown under ____________.

What is the appropriate stage for recording the transaction of sales by a manufacturer

Work-in-progress stands for

Formula of Operating profit is equal to ___________.

When the Profit and Loss A/c and Balance sheet are prepared for various companies of a group of companies, this is called..........

From the following details find out the amount to be debited to profit and loss as fresh provision for doubtful debts during $$13-14$$.
Balance as on $$31.03.14$$. Debtors Rs. $$45,000$$
Bad debt during the year Rs. $$2,000$$
Provision for bad debts as on $$1-4-13$$ Rs. $$1,500$$.
Provision for doubtful debts to be kept at $$10\5$$ of total debtors.

From the following abstract of trial balance estimate the profit of the firm during $$07-08$$.
Capital Rs. $$3,000$$, Revenue Rs. $$8000$$, Liabilities Rs. $$5,000$$, Reserve Rs. $$5,000$$, Outstanding expenses Rs. $$1,000$$ Sundry assets Rs. $$10,000$$, Expenses Rs. $$2,000$$, Interest on bank loan Rs. $$1,000$$, Pre-paid expenses Rs. $$1,500$$. Closing stock Rs. $$500$$.