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Hii
Did Someone Got This question In sec C
Company Tax adjusted Trading Profit for 4 months Period and Than We had to add back All The disallowed Figure
Just Wanted To ask whether we had to start From Net profit Given by them And than Add all Disallowed Expenditure??
Pls someone AndHii
Did Someone Get This Question About Company Tax adjusted Trading Profit for 4 Months period
???
In That Question We had to Go from Net profit Given And add back All Disallowed Expenditure ??Hii
Can Someone Tell what Is the time when Acca will start sending Results
Pls Tell the time in ist(India Standard time)CAN SOMEONE TELL WHAT HAD COME FOR SEC B IN , AFTERNOON SEATING
LIKE 14 MARKSAUDIT RISK
15 MARKS SUBSTANTIVE PROCEDURE AND SO ONN….
PLS CAN SOMEONE TELL ME
OR SEND YOUTUBE VIDEO LINK WHERE I CAN SEEJohn Moffat wrote:It is because the sales include a profit of 25%. So the cost of the sales will be 21,000 – (25% x 21,000) = 75% x 21,000.
It is the cost of the goods that is relevant when calculated how much was paid for the goods to the suppliers.Why 3000 is subtracted??
Hello! The question goes:
“Mr Grob started trading in 20X3, selling one product on credit. The following budgeted information for 20X4 has been gathered:
Credit sales:
Jan 20X4: $12,000
Feb 20X4: $15,000
Mar 20X4: $21,000Receivables have recently been settling their debts 50% in the month following sale, and 50% two months after sale. A promp payment discount of 3% is offered to those receivables paying within one month.
The gross profit margin is expected to be 25%. Due to an anticipated continued increase in sales, Mr Grob intends to increase inventory levels in March 20X4 by $2,000, and it is intended that the payables balance is increased by $3,000 to ease cash flows in the same month.Calculate the budgeted payment to suppliers in March 20X4.”
Sir I am Not able to Understand Why 3000 is subtracted ??