Related Questions

Rashna Company collected the following data in its accounting records in 2014 : From the income statement : Depreciation expense Tk. 1,000 Loss on sale of equipment 3,000 From the comparative balance sheet : Beginning balance , equipment Tk. 12,500 Ending balance , equipment 8,000 Beginning balance , accumulated depreciation 2,000 Ending balance , accumulated depreciation 2,400 No new equipment was purchased during the year. The equipment was sold at the end of the year. What was the cash in -flow from the sale of equipment in 2014?
A Tk, 3,900
B Tk. 1,000
C Tk. 900
D Tk. 600
The sumof the pre-tax costs of items A ans item B is Tk. 300. In dhaka, each item would be charged a flat 7% tax. In Rangpur item A is subject to 5% tax and item b is subject to 10% tax. If the tax in Rangpur on the purchase of both items is exactly Tk 3 more than it is in Dhaka, than what is the pre - tax price of item A?
A 120
B 209
C 300
D 320
X sells an item to Y at a profit of 28% on his cost and Y sells the same item to Z at a loss of 25% on his cost. If X thus sold the item to Z a Tk. 2 less than the item to X, then what is the cost of the item to X?
A TK. 200
B TK. 150
C TK. 100
D TK. 50
The Balance sheet reported a beginning balance TK. 20,000 in Accounts Receivable and an ending balance of TK. 15,000 . Credit sale of TK. 2,00,000 were made during the year. Using the information compute cash collection from customers.
A TK. 2,05,000
B TK. 1,95,000
C TK. 2,00,000
D TK. 2,15,000
The Balance sheet reported a beginning balance TK. 20,000 in Account Receivable and an ending balance of TK. 15,000. Credit sale of TK. 2,00,000 were made during the year. Using the information computer cash collection from customers .
A TK. 2,05,000
B TK. 1,95,000
C TK. 2,00,000
D TK. 2,15,000
A store usually a certain item at 40% profit. In one week the store has a sale during which the item is sold at 10% less then the usual price. During the sale what is the profit the store makes on the item ?
A 10%
B 16%
C 26%
D 28%
An item costs 90% of its original price. If Tk. 90 is added to the discount price, the cost of the item will be equal to its original price. What is the original price of the item?
A Tk. 9
B Tk. 90
C Tk. 900
D Tk. 990
By selling an item, the producer, the wholesaler and the retailer all make profits at 20%. If the item sells for Tk. 21.60 by the retailer, find the production cost of the item.
A Tk. 15.00
B Tk. 12.50
C Tk. 12.75
D Tk. 15.50
The profit earned from selling item for Tk. 900 is double the loss incurred when the item is sold for Tk. 450. At what price the item should be sold to make 25% profit?
A Tk. 600
B Tk. 750
C Tk. 800
D none of these
A merchant was selling an item at a price then marked it down 20% for a spring sale. During the summer, he marked the item down another 20% from its spring price. If the item sold at the summer price, What percent of the orginal price di it sell for?
A 40%
B 60%
C 64%
D 67%

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