Rent and rates are apportioned to different departments on the basis of

Related MCQs

• Advertisement expenses are apportioned among departments in the proportion of
• Bad debts are apportioned among departments in the proportion of
• Canteen expenses are apportioned among departments in the proportion of
• Building expenses should be divided among the different departments according to the ______ by each departments
• Selling expenses should be divided among the different departments on the basis of ______
• Ground rent or surface rent means
• minimum rent is also term as dead rent Sol:
• Royalty is Rs 64,000, Minimum rent Rs 80,000. Strike is for 3 months with no work done, Minimum rent to be reduced in proportion of time, find the amount paid to Landlord.
• Royalty is Rs 44,000, Minimum rent Rs 50,000. Strike is for 2 months with no work done, Minimum rent to be reduced in proportion of time, find the amount paid to Landlord.
• L of Lucknow consigned goods costing ` 60,000 to A of Allahabad at an invoice price bearing 331/3 % mark up on the cost price. Goods costing ` 15,000 were damaged in the transit and the insurance company admitted the claim in full. Expenses incurred by the consignor on loading and transportation of the goods amounted to ` 1,800. The consignee incurred ` 200 on cartage and ` 6,000 as Godown Rent and sold 2/3 of the goods received by him at the invoice price. He is entitled to 5% normal commission and 2.5% del credere commission. Find the value of goods sold