Related Questions

At the beginning of the month, the accounts receivable subsidiary ledger showed balances for Anchor Company Tk 5,000 and Best Company Tk 7,000. During the month, credit sales were made to Anchor Tk 6,000, Best Tk 4,500, and Zen Tk 8,500. Cash was collected on account from Best Tk 11,500 and Zen Tk 3,000. At the end of the month, the Accounts Receivable account of Best Company in the general ledger should have a balance of -
A company owns some land and buildings for which the following details are relevant : Cost of land Taka 50,000; cost of building Taka 100,000, estimated life of building 20 years, estimated residual value of building Taka 2000; estimated residual value of land Taka 50,000. The company uses the straight line depreciation method. Which is the correct annual depreciation charge for this asset?
The availability of cash and other cash like marketable instruments that are useful in purchases and investments are commonly known as :
রেওয়ামিলে দেনাদার ৫২,০০০ টাকা, লিখিত অনাদারি পাওনা ২,০০০ টাকা এবং অলিখিত অন্যদায়ি পাওনা ২,০০০ টাকা। যদি দেনাদারের ওপর ৫% সঞ্চিতি রাখা হয় এবং অনাদায়ি পাওনা সঞ্চিতির ক্রেডিট ব্যালেন্স ১,০০০ টাকা হয়, তাহলে চলতি বছরে অন্যনায়ি পাওনা সঞ্চিতি কত রাখতে হবে? (In trial balance, account receivable is of Tk. 52,000 recorded bad debt of Tk.2,000 and unrecorded bad debt of Tk. 2,000. What is the amount of allowance for doubtful accounts kept in current year if the allowance is 5% on accounts receivable and credit balance in allowance for doubtful accounts currently is of Tk. 1,000 )
Computer accounts and user accounts in your domain have been seperated into OUs for administrative purpose. You want to require strong passwords for the local user accounts only. What should you do?
 For a research purpose 2500 individuals were interviewed. Among them 750 persons have bank accounts in State Owned Commercial Banks (SOCBS) and 2250 persons have bank accounts in Private Commercial Banks (PCBs). How many of them have bank accounts in both SOCBS and PCBs?
Accounts receivable at the end of the month is Tk 80,000. Bad debts are expected to be 5% of accounts receivable. If Allowance for Doubtful Accounts has a credit balance of Tk 1,000 before adjustment, what is the balance after adjustment?
The following data are available for Allen Clapp Corporation. Net income TA 200,000 Depreciation expensive TA. 40,000 Dividend paid TA. 60,000 Gain on sale of land TA. 10,000. Decrease in accounts received A. 20,000, Decrease in accounts payable TA. 30,000. Net cash provided by operating activities is:
The following data are available for Allen Clapp Corporation. Net income TA. 200,000, Depreciation expensive TA. 40,000, Dividend paid TA. 60,000, Gain on sale of land TA. 10,000, Decrease in accounts received TA. 20,000. Decrease in accounts payable TA. 30,000. Net cash provided by operating activities is:
Milo has the year-end balances as follows: Account receivables TA. 5000; Supplies TA. 12,000; Equipment's TA. TA. 18,000; Accounts payable TA. 17,000 and Owner's equity TA. 43,000. The cash account balance was not available at year-end, Given the account balances listed, the balance in the cash account should be: