Find out the amount of bills matured during the year on the basis of information given below
Question:
Find out the amount of bills matured during the year on the basis of information given below ;
Transcribed Image Text:
Bills payable dishonoured Closing balance of Bills payable Opening balance of Bills payable Bills payable accepted Cheque dishonoured Rs. 37,000 85,000 70,000 90,000 23,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
based on the information provided the amount of bills matured during the year is Rs ...View the full answer
Answered By
Divya Munir
I hold M.Sc and M.Phil degrees in mathematics from CCS University, India and also have a MS degree in information management from Asian institute of technology, Bangkok, Thailand. I have worked at a international school in Bangkok as a IT teacher. Presently, I am working from home as a online Math/Statistics tutor. I have more than 10 years of online tutoring experience. My students have always excelled in their studies.
4.90+
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Record 10 transactions in the general journal and post to the general ledger, Accounts Receivable, and Accounts Payable subsidiary ledgers. Dec 4 Purchased merchandise on account from Sports and...
-
Lenore, a single California taxpayer, has taxable income before capital gains of $78,000 and a long-term capital gain of $5,000 from the sale of RSS stock. What is the total amount of California...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-6. On December 12, Irene purchased the building where her store is located. She paid...
-
In September, Larson Inc. sold 45,000 units of its only product for $438,000, and incurred a total cost of $405,000, of which $43,000 was fixed costs. The flexible budget for September showed total...
-
Why is the basis for the 'share and share alike' method of distribution?
-
Midwest Office Products* John Malone, general manager of Midwest Office Products (MOP), was concerned about the financial results for calendar year 2003. Despite a sales increase from the prior year,...
-
You should have found that the confidence interval when utilizing the paired structure of the data was narrower than the confidence interval ignoring this structure (this will generally be the case,...
-
Parker & Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land six years ago for $5 million in anticipation of using it...
-
If I invest a single amount of $14,000 in an account earning 8% p.a. compounding quarterly for 5 years, how much interest will I have earned in those 5 years?
-
Prepare the bills payable account from the following and find out missing figure if any : Bills accepted Discount received Purchases returns Return inwards Cash paid to accounts payable Bills...
-
From the following, calculate the amount of bills accepted during the year. Bills payable as on April 01, 2005 Bills payable as on March 31, 2006 Bills payable dishonoured during the year Bills...
-
Sketch the region R whose area is given by the iterated integral. Then switch the order of integration and show that both orders yield the same area. 4 J2 dx dy
-
What factors are impacting the hotel's performance compared to budget? Summaries Group Weekday Transient Weekday Total Hotel Weekday Rms ADR(G) Revenue(G) Rms ADR(G) Revenue(G) Rms ADR(G) Revenue(G)...
-
Whether at a small general aviation airport or a large commercial service airport, the proper management of operations on the airfield is essential to the safety and efficiency of aircraft...
-
1. Tesla's sustainability report for 2019 2020 2. Tesla's sustainability report for 2020 3. Tesla's various vendors or handlers on the supply chain. Provide company names. 4. How does Tesla...
-
1. Using no more than 250 words, elaborate on how the leadership role of senior executives shapes the trajectory of a business enterprise. Which function within this leadership capacity do you...
-
Boeing has decided to halt production temporarily of its 737 Max airplanes. Since the crashes earlier in the year, Boeing has continued to produce planes in anticipation of approval by the Federal...
-
King Company manufactures a single product. Annual production costs incurred in the manufacturing process are shown below for two levels of production. Instructions (a) Define the terms variable...
-
The outer loop controls the number of students. Note that the inner loop of this program is always executed exactly three times, once for each day of the long weekend. Modify the code so that the...
-
This exercise tests your understanding of all aspects of accounting learned till the end of Chapter 12 and tests your ability to use an accounting equation spreadsheet for recording the transactions...
-
This exercise tests your understanding of all aspects of accounting learned till the end of Chapter 12 and tests your ability to use an accounting equation spreadsheet for recording the transactions...
-
Thames Water plc Thames Water is one of ten regional licensed and regulated companies providing water and wastewater services in England and Wales. With 15 million customers we serve about 25% of the...
-
Following the video on Human Waste in the Sewage System, please ponder & research the current available Composting Toilets that home-owners could have installed or make themselves. Copy & paste the...
-
Explain how a typical subsurface sewage system (septic system) functions. What are the basic components? How does the soil characteristics on a site impact the system's ability to function? What are...
-
In a sewage system he diameter at Section 1 is 16 inches and the diameter at Section 2 is 8 inches. The flow rate through the pipe is 6 cfs. The pressure at Section 1 is 50 psi. What is the pressure...
Study smarter with the SolutionInn App