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Sylhet Gas Field Co - Asst. Manager -14.06.2013
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Debit sales, credit Y Ltd Taka 3000
Debit Y Ltd, credit sales Taka 3000
Debit Y Ltd cash, credit sales Taka 3000
Debit Y Ltd, Credit stock Taka 3000
The rent of the factory in which products are made
The salaries of the production supervisor
A royalty paid to the holder of a patent after each item is produced
The cost of the glue used to attach labels to the products
Be included under financing activities
Be included under investing activities
Be included under returns on investments and servicing of fineance
Be included under net cash flow from operations
The current level of profitability
The future level of profitability
The liquidity in the short term
The level of activity at which the business operates most economically
The level of activity at which the business makes neither a profit nor a loss
The fixed costs are lowest
The variable cost per unit is minimized
Profit does not alter capital
Capital can only come from profit
Assets - Capital = Liabilities
Liabilities+Capital = Assets
Liabilities+Assets=Capital
Assets-Liabilities = Capital
Shows the financial position of a business
Shows all the entries in the books
It is a list of balances on the books
Excess of sales over cost of goods sold
Cost of goods sold+opening inventroy
net profit less expenses of the period