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Old Tuesday, October 11, 2016
Crystal Doll Crystal Doll is offline
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Question Aspirants please solve further..

Accounting aspirants please solve other questions as well from2016 paper..

Please reconcile these also...
Q2..Net Income Rs.2410
Balance sheet Re.18610
Retained Earning 1910

Q3b..Adjusting entries total 7 if im not wrong??
Share entry for salaries and rent revenue...

Q4b..ratios in order
2.26
1.01
56days
4.02
1.06
44.37%
7.92%
19.47%

Q5a..net income. .Rs.755,500.
Units manufactd 14300
Unit cost of calculators manufacture 340
Gp/unit..122
Inc/unit...53.20
Ratio of gp to sales..0.26:1
Income to sales %...11.38%

Please correct me where I'm wrong n share your ans to all other questions as well as it wd b v helpful for all of us...
I want to chk mine
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