Youhave an orgarization (org)named Kabir Singh Television (great movie though!!!). The headquarteris at Gazipur Industrial Area,...

 

 

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Youhave an orgarization (org)named “Kabir Singh Television" (great movie though!!!). The headquarteris at Gazipur Industrial Area, Block A, Gazipur, Dhaka. The orghastwo assembling factories. One is at Tejgaon Industrial Area, Dhaka, Bangla desh andanother one is at Hyderabad IT Park, India. Also, it has 4 warehouses. 2 locatedin Bangla desh andother 21locatedin India. One warehouse in Bangladeshstores allrawmaterial while another stores all finished goods. In India, the situation on warehouse is same as Bangladesh. There are 5 sales centers in Bangladesh and they are in- Gulshan 1-Dhaka, Kuril-Dhaka, Motijheel-Dhaka, Uttara-Dhaka andLalkhan Bazar- Chittagong. There are 6 sales centers in India located at- Bandra-Bombay, New Market-Kolkata, Panaji-Goa, Agra, Noida-Meerut, andNew Delhi city-New Delhi. Besides, In Bangladesh, there are 2 service centers locatedat Tejgaon Industrial-Dhaka and Lalkhan Bazar-Chittagong. In India, 3 service centers are located at-Bandra-Bombay, New Market-Kolkata and New Delhi city-New Delhi] List of products produced by both countries: 1. Model 0 32" LED TV 2. Model O 32" LED Smart TV 3. Model D 43"LED Smart TV 4. Wolves 43 4K UHD Smart TV 5. Wolves 65" 4K UHD Smart TV QUESTION- 1. Make a chart ofaccount. Inclusion ofgeneralledgers is uponyou. Please do it carefully. SAMPLE ANSWER Basically a random chart of account based on given Airtical Small Business Chart of Accounts Account Name Code Financial Statement Group Sub-Group Normally 3 Bank checking account 1000 Balance sheet Current assets Cash and cash equivalents Debit 4 Bank savings account 1010 Balance sheet Current assets Cash and cash equivalents Debit 5 Online savings account 6 Petty cash account Balance sheet Current assets Cash and cash equivalents Debit 1020 1030 Balance sheet Current assets Cash and cash equivalents Debit 7 Paypal account 8 Accounts receivable 1040 Balance sheet Current assets Cash and cash equivalents Debit 1200 Balance sheet Current assets Accounts receivable Debit 9 Allowance for doubtful debts account 1210 Balance sheet Current assets Accounts receivable Credit 10 Inventory 11 Prepayments 1400 Balance sheet Current assets Inventory Debit 1600 Balance sheet Current assets Other current assets Debit 12 Property 13 Property Depreciation 1800 Balance sheet Long term assets Property, plant and equipment Debit 1810 Balance sheet Long term assets Property, plant and equipment Credit 14 Plant 1820 Balance sheet Long term assets Property, plant and equipment Debit 15 Plant depreciation 1830 Balance sheet Long term assets Property, plant and equipment Credit 16 Equipment 17 Equipment depreciation 1840 Balance sheet Long term assets Property, plant and equipment Debit 1850 Balance sheet Long term assets Property, plant and equipment Credit 18 Accounts payable 2000 Balance sheet Current liabilities Accounts payable Credit 19 Payroll payable 20 Interest payable 21 Accrued expenses 2200 Balance sheet Current liabilities Other current liabilities Credit 2210 Balance sheet Current liabilities Other current liabilities Credit 2220 Balance sheet Current liabilities Other current liabilities Credit 22 Unearned revenue 23 Sales Tax payable 24 Purchase Tax payable 25 Payroll tax payable 2230 Balance sheet Current liabilitles Other current liabilities Credit 2240 Balance sheet Current liabilities Other current liabilities Credit 2250 Balance sheet Current liabilities Other current liabilities Credit 2260 Balance sheet Current liabilities Other current liabilities Credit 26 Income tax payable Balance sheet Current liabilities Other current liabilities Credit 2270 27 Mortgage loan Balance sheet Long-term liabilities Credit 2400 Mortgages 28 Other loans 2600 Balance sheet Long-term liabilities Loans Credit 29 Owners contributions Balance sheet Capital Credit 3000 Equity Youhave an orgarization (org)named “Kabir Singh Television" (great movie though!!!). The headquarteris at Gazipur Industrial Area, Block A, Gazipur, Dhaka. The orghastwo assembling factories. One is at Tejgaon Industrial Area, Dhaka, Bangla desh andanother one is at Hyderabad IT Park, India. Also, it has 4 warehouses. 2 locatedin Bangla desh andother 21locatedin India. One warehouse in Bangladeshstores allrawmaterial while another stores all finished goods. In India, the situation on warehouse is same as Bangladesh. There are 5 sales centers in Bangladesh and they are in- Gulshan 1-Dhaka, Kuril-Dhaka, Motijheel-Dhaka, Uttara-Dhaka andLalkhan Bazar- Chittagong. There are 6 sales centers in India located at- Bandra-Bombay, New Market-Kolkata, Panaji-Goa, Agra, Noida-Meerut, andNew Delhi city-New Delhi. Besides, In Bangladesh, there are 2 service centers locatedat Tejgaon Industrial-Dhaka and Lalkhan Bazar-Chittagong. In India, 3 service centers are located at-Bandra-Bombay, New Market-Kolkata and New Delhi city-New Delhi] List of products produced by both countries: 1. Model 0 32" LED TV 2. Model O 32" LED Smart TV 3. Model D 43"LED Smart TV 4. Wolves 43 4K UHD Smart TV 5. Wolves 65" 4K UHD Smart TV QUESTION- 1. Make a chart ofaccount. Inclusion ofgeneralledgers is uponyou. Please do it carefully. SAMPLE ANSWER Basically a random chart of account based on given Airtical Small Business Chart of Accounts Account Name Code Financial Statement Group Sub-Group Normally 3 Bank checking account 1000 Balance sheet Current assets Cash and cash equivalents Debit 4 Bank savings account 1010 Balance sheet Current assets Cash and cash equivalents Debit 5 Online savings account 6 Petty cash account Balance sheet Current assets Cash and cash equivalents Debit 1020 1030 Balance sheet Current assets Cash and cash equivalents Debit 7 Paypal account 8 Accounts receivable 1040 Balance sheet Current assets Cash and cash equivalents Debit 1200 Balance sheet Current assets Accounts receivable Debit 9 Allowance for doubtful debts account 1210 Balance sheet Current assets Accounts receivable Credit 10 Inventory 11 Prepayments 1400 Balance sheet Current assets Inventory Debit 1600 Balance sheet Current assets Other current assets Debit 12 Property 13 Property Depreciation 1800 Balance sheet Long term assets Property, plant and equipment Debit 1810 Balance sheet Long term assets Property, plant and equipment Credit 14 Plant 1820 Balance sheet Long term assets Property, plant and equipment Debit 15 Plant depreciation 1830 Balance sheet Long term assets Property, plant and equipment Credit 16 Equipment 17 Equipment depreciation 1840 Balance sheet Long term assets Property, plant and equipment Debit 1850 Balance sheet Long term assets Property, plant and equipment Credit 18 Accounts payable 2000 Balance sheet Current liabilities Accounts payable Credit 19 Payroll payable 20 Interest payable 21 Accrued expenses 2200 Balance sheet Current liabilities Other current liabilities Credit 2210 Balance sheet Current liabilities Other current liabilities Credit 2220 Balance sheet Current liabilities Other current liabilities Credit 22 Unearned revenue 23 Sales Tax payable 24 Purchase Tax payable 25 Payroll tax payable 2230 Balance sheet Current liabilitles Other current liabilities Credit 2240 Balance sheet Current liabilities Other current liabilities Credit 2250 Balance sheet Current liabilities Other current liabilities Credit 2260 Balance sheet Current liabilities Other current liabilities Credit 26 Income tax payable Balance sheet Current liabilities Other current liabilities Credit 2270 27 Mortgage loan Balance sheet Long-term liabilities Credit 2400 Mortgages 28 Other loans 2600 Balance sheet Long-term liabilities Loans Credit 29 Owners contributions Balance sheet Capital Credit 3000 Equity

Answer rating: 100% (QA)

The buy interaction is prevalently known as Request to Pay in Industry The means of the Request to Pay cycle can be clarified underneath 1 Triggers Triggers is an occasion by which the element underst... View the full answer