From the following details find out the correct amount of trade debtors. Debtors a/c appeared in...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
From the following details find out the correct amount of trade debtors. Debtors a/c appeared in the books of A/c Rs. 69,985. Includes the following (1) Rs. 6, 500 due from an employee on account of temporary advance outstanding. (ii) Rs. 1, 100 being goods used by the proprietor for self use. (iii) Rs. 990 due from X to whom the firm also owes Rs. 500 on account of services rendered by him. A B C D Rs. 63,985 Rs. 62, 385 Rs. 65,000 Rs. 61,885 From the following details find out the correct amount of trade debtors. Debtors a/c appeared in the books of A/c Rs. 69,985. Includes the following (1) Rs. 6, 500 due from an employee on account of temporary advance outstanding. (ii) Rs. 1, 100 being goods used by the proprietor for self use. (iii) Rs. 990 due from X to whom the firm also owes Rs. 500 on account of services rendered by him. A B C D Rs. 63,985 Rs. 62, 385 Rs. 65,000 Rs. 61,885
Expert Answer:
Answer rating: 100% (QA)
OPTION D IS THE ANSWER Debtors all appeared in the books ... View the full answer
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Posted Date:
Students also viewed these accounting questions
-
Which of the following methods are used in capital budgeting decisions? O A. Adjusted present value (APV) method B. Flow-to-equity (FTE) method OC. Weighted average cost of capital (WACC) method O D....
-
The equipment was expected to have a useful life of three years, or 25,000 operating hours, and a residual value of $4,500. The equipment was used for 12,000 hours during 2008, 9,000 hours in 2009,...
-
Suppose it is estimated that the equipment will have an aftertax residual value of $700,000 at the end of the lease. What is the maximum lease payment acceptable to wildcat now? The Wildcat Oil...
-
1. (9 pts) Consider a supply chain with a manufacturer and a retailer. The product is offered for a single season. Suppose the manufacturer produces at a cost of $30/unit. The manufacturer sells to...
-
The Kumar family are long-time residents of an older neighbourhood of a major city. They inherited their home from Ms. Kumars parents. Their own family is now grown up and gone, and Mr. and Ms. Kumar...
-
The Larsons (from Exercise 2) decided they would not use the September amounts, when they were on vacation, nor the December amounts, when cousins stayed with them. Assume the chart is a spreadsheet...
-
Following are data for four different audit populations. Mean-per-unit estimation will be applied to each population. Required: 1. Calculate an acceptable risk of incorrect acceptance for each...
-
1. Explain user-centered design principles in a brief memo to Annie. 2. Suggest at least four user interface design guidelines that could be used for the new system. 3. Suggest several types of...
-
Consider two identical synchronized point sources located at x=0, y=d/2 generating sinusoidal circular waves of wavelength . Calculate the locus of all points in the x-y plane exhibiting complete...
-
Dwight Donovan, the president of Donovan Enterprises, is considering two investment opportunities. Because of limited resources, he will be able to invest in only one of them. Project A is to...
-
Q3- Assuming monthly payments, which one of the following plans are better for buying a $15,000 van? a) 6% on the full amount for 4 years. b) $2500 discount and 12% interest on the remaining amount...
-
Payroll and benefits are commonly outsourced. Discuss which parts of PM, compensation, benefits, and payroll you would consider outsourcing; justifying your views.
-
List and discuss the major information security and privacy threats to organizations.
-
Flexible benefit plans are common today. Discuss ways in which employers can ensure that employees make good choices about the benefits and benefit levels that they choose within the benefits...
-
A lot of compensation information is available to employees today on the Web (e.g., www.salary.com), and much of it is inaccurate. How can an organization assure employees that they are fairly...
-
Analyze the main reasons for HRIS implementation failure. How can we prevent these from affecting us?
-
A hand assembly line with a takt time of 120 seconds consists of six operations with the following assembly times: Op1 is 60 sec, Op2 is 50 sec, Op3 is 40 sec, Op4 is 20 sec, Op5 is 65 sec and Op6 is...
-
Find a least expensive route, in monthly lease charges, between the pairs of computer centers in Exercise 11 using the lease charges given in Figure 2. a) Boston and Los Angeles b) New York and San...
-
The partnership of Angel Investor Associates began operations on January 1, 2010, with contributions from two partners as follows: Jen Wilson $45,000 Teresa McDonald 55,000 The following additional...
-
Wakelin Company has income from operations of $20,125 invested assets of $87,500 and sales of $175,000. Use the DuPont formula to compute the rate of return on investment and show (a) The profit...
-
The Northeast District of Vidovich Beverages, Inc., is organized as a cost center. The budget for the Northeast District of Vidovich Beverages, Inc., for the month ended May 31, 2010, is as follows:...
-
Derive the finite difference equations governing the forced longitudinal vibration of a fixedfree uniform bar, using a total of \(n\) mesh points. Find the natural frequencies of the bar, using...
-
Derive the finite difference equations for the forced vibration of a fixed-fixed uniform shaft under torsion, using a total of \(n\) mesh points.
-
Find the first three natural frequencies of a uniform fixed-fixed beam.
Study smarter with the SolutionInn App