prepare a columnar

Majestic & Co. commenced business on January 1, 2014 dealing in radio sets and record players. They sell goods both directly as well as on hire purchase. You are furnished with the following information for the year ended 31st December, 2014:

 


During the year the firm repossessed 3 radio sets and 2 record players for failure to pay the instalments. The hire purchase customers had paid only 4 instalments each in respect of these radio sets and record players. At the time of repossession, the radio sets were valued at Rs. 200 each and the record players were valued at Rs. 500 each. The firm spent Rs.30 per radio set and Rs. 70 per record player on reconditioning. These sets were sold to employees at a concessional rate of Rs.300 per radio set and Rs. 700 per record player and the amount was recovered from their salaries before the close of the year. You are required to prepare columnar :

(i) Hire Purchase Trading Account; (ii) Goods sold on Hire Purchase Account; (iii) Purchases Account; (iv) Goods Repossessed Account; and (iv) General Trading Profit and Loss Account.

find the cost of your paper

f you think there are good arguments for, or a proof of, God’s existence, state the arguments or the proof and defend it against your atheist friend’s objections.

If you believe in God, try to explain to an atheist friend (real or imagined) why you believe in God. • If you think there are good reasons for believing,….

Choose one of the elements defended by the pre-Socratic philosophers (water, fire, numbers, and so on) and argue for it as well as you can, preferably with a friend or a few friends who will try to prove you wrong.

Choose one of the elements defended by the pre-Socratic philosophers (water, fire, numbers, and so on) and argue for it as well as you can, preferably with a friend or….

What is the net present value of the proposed mining project? Should the project be accepted?

Net Present Value Analysis Windhoek Mines, Ltd., of Namibia, is contemplating the purchase of equipment to exploit a mineral deposit on land to which the company has mineral rights. An….