Capital expenses are shown in —

Related MCQs

• From the following details calculate the net profit for the year ending 31.03.2013 Opening Stock ` 1,50,000; Purchase ` 2,50,000; Manufacturing Expenses ` 80,000; Selling Expenses ` 20,000; Administration Expenses ` 10,000; Financial Charges ` 5,000; Slaes ` 5,55,000 which includes damaged goods sold for ` 5,000 against the cost price of ` 12,000. Gross profit margin on normal sales is 20% on the sales
• Expenses of the following nature are treated as a Revenue expenses except —
• Preliminary expenses not written off are shown in the balance sheet under the head…
• ________ expenses are shown in the profit and loss account
• Income and expenses related to the prize fund is shown in: Sol:
• Prepaid expenses are shown under
• If opening capital is Rs.5,000; closing capital - Rs.7,000; drawings - Rs.1,000 and additional capital introduced during the year is Rs.500; then, the amount of profit made would amounted to
• If the opening capital is Rs.20,000 and closing capital is Rs.25,000; drawings made amounted to Rs.1,800; then, the amount of Rs.________ must be introduced as an additional capital during the year in order to earn a profit of Rs.2,800.
• In the Balance Sheet of a company, under the heading share capital, at the last is shown :
• Based on which of the following concepts, is Share Capital Account shown on the liabilities side of a Balance Sheet?