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Closing Capital =Closing Assets – Closing Liabilities Here Closing Assets = Inventory + Cash at Bank + Plant and Machinery + Debtors + Investments = 2,400 + 1,800 + 1,000 + 500 + 2,000 = 7,700 Closing Liabilities = Bills Payable + Creditors + Loan from Raja Ram = 400 + 800 + 1,500 = 2,700 So Closing Capital = Closing Assets – Closing Liabilities = 7,700 – 2,700 = Rs. 5,000
The point of tangency between efficient frontier and risk-return indifferences curve depicts:
The value of supply should include:
Where to show Share application money received in excess of issued share capital?
Calculate the expected rate of return on the entire portfolio, if the risk-free rate is 6% and the expected rate of return on market portfolio is 15%.
Any decrease in the bank balance is recorded on ______ side of Cash Book and in _______ Column of Pass Book.
In the context of GeM, what is the full form of ‘PAC’?
In the context of auditing standards, which standard is associated with "Agreeing the Terms of Audit Engagements"?
Depreciation is appearing in the 'Trial Balance' of a firm. At the time of preparing 'Annual Accounts', it should be shown in:
Which of the following statement is incorrect with respect to income under the head salaries?
A & B are partners sharing profits & losses in the ratio of 3 : 2. They admitted C into partnership with 3/10 share in the future profits of which he re...
