Information
For more information about our classifieds, please check following links.
Privacy Policy Write For Us
Welcome to xoocal.com! Sign In Are you new to our site? Register now
1 photo

Description

       
Financial Accounting & Analysis
SEPTEMBER 2019 NMIMS ASSIGNMENTS
Get NMIMS SOLVED ASSIGNMENTS MBA
SEPTEMBER 2019 call us at 9773820734 or

mail us at
[email protected]
Course: Financial Accounting & Analysis

1. A dealer of Mobile TV has the following items in inventory as on March 31,2018

Item Quantity Cost Price per unit Market price per unit Nokia 50 100000 98000 Samsung 70 88000 90000 Sony 100 120000 115000 Motorola 80 75000 76000 Discuss the accounting standard which talks about inventory valuation. Also, find out and define the overall value of inventories as per the applicable accounting standard. (10 Marks)

2. Define and Discuss the concepts of prepaid expenses and outstanding expenses and their impact on the income statement and Balance Sheet of an Entity? In case of firm A which largely has the balance of prepaid expenses and another firm B which largely has the balance of outstanding expenses, what does this reflects? Discuss (10 Marks)

3. a. A logistics company sold a car of Rs 2.5 lacs. The company had purchased the car three years back for Rs 10 lacs and had depreciated the same using straight line method of depreciation, assuming its useful life to be five years and a residual value of Rs77760. Calculate the WDV after charging depreciation for third year, accumulated depreciation for three years and profit on sale, if any. (5 Marks)

b. Consider the following transaction pertaining Ammar’s business

started business with cash Rs 3 lacs 2. Purchased goods for cash Rs 1.2 lacs 3. purchased goods on credit Rs 60000 4. purchased furniture for cash Rs 20000 5. deposited RS 50000 in the bank Perform transaction analysis for each transaction undertaken and present accounting equation for these transactions. (5 Marks)
       

Comments Add new

Add new comment
No comments added yet. Be first to leave comment!

Seller's info

Listing location

India, Maharashtra, Vita
Delhi

Seller's email address

Close
- you cannot copy & paste mail, you need to rewrite it
- do not send spam
- ask only questions related to this product
- do not be rude
Hello! Sign in to get more.
Home Search My account My alerts My personal info My listings Mail us
Refine search
Keyword
Category
Location

Region

City

Pictures
Price

Price:

-
Advanced
Clean search