Final accounts of manufacturing entities
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 October 2010
dear sir ,
plz let me the ans of thiz question.
"Rent paid on 1 oct,2004 for the year to 30th sept,2005 was 1,200 and rent paid on 1 oct , 2005 for the year to 30th sept,2006 was 1600.rent payable as shown in the profits and loss account for the year ended 31st december 2005, would be?"
plz let me the ans of thiz question.
"Rent paid on 1 oct,2004 for the year to 30th sept,2005 was 1,200 and rent paid on 1 oct , 2005 for the year to 30th sept,2006 was 1600.rent payable as shown in the profits and loss account for the year ended 31st december 2005, would be?"
29 October 2010
Rent Exps charged to P&L will be
Jan to Sep 2005 1200 X 9 = 10800
Oct to Dec 2005 1500 X 3 = 4500
Total 15300
Rent paid in advance to be shown in the Balance Sheet as at 31st Dec will be
Jan to Sep 2006 = 1500 X 9 = 13500
Hope this is clear
Jan to Sep 2005 1200 X 9 = 10800
Oct to Dec 2005 1500 X 3 = 4500
Total 15300
Rent paid in advance to be shown in the Balance Sheet as at 31st Dec will be
Jan to Sep 2006 = 1500 X 9 = 13500
Hope this is clear
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 October 2010
thnxx sir..
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