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Price Level Accounting: Problems and Solutions | Accounting

Here is a compilation of top three accounting problems on price level accounting with its relevant solutions. Problem 1:   Mr. X purchased a machine in 2001 for Rs. 1, 00,000 when the general price index was 180. He sold the machine in 2003 for Rs. 1, 65,000 when the general index was 270. Calculate the profit or loss on [...]

By |2017-02-06T20:58:57+00:00February 6, 2017|Problems|Comments Off on Price Level Accounting: Problems and Solutions | Accounting
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Top 5 Problems on Financial Ratios (With Solution)

List of top five problems on financial ratios with its relevant solution. Problem # 1: The working capital of ABC Ltd. has deteriorated in recent years and now stands as under: (a) Compute the current and quick ratios. (b) A further bank loan of Rs. 50,000 against debtors is under negotiation. Assuming the loan is received, calculate the revised current [...]

By |2016-06-18T06:59:43+00:00June 18, 2016|Problems|Comments Off on Top 5 Problems on Financial Ratios (With Solution)
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