Financial State...

'Interest earned but not received' should be classified as _____________.

Outstanding and prepaid expenses and incomes are taken into account in determining profit or loss under _________________.

Accounting entry for Manager's Commission (outstanding) on net profits will be made as _______________.

The works manager gets commission of 10% on the profit after charging such commission. If the profit is Rs.2,200 what is the amount of his commission ?

'Subscriptions collected in advance by a publisher' should be classified as _________________.

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. _________.

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

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 _________.

When interest on capital is allowed _________ is credited.