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What is minimum price ceiling explain its implications

Posted by Krishna Jalu 6 years ago

1 answers

For certain goods and services, Government, sets minimum price. This minimum price is called minimum price ceiling.

This price is normally set at a level higher than the equilibrium price. This leads to axcess supply. Since producers are not able to sell all they want to sell, they illegally sell the good or service below the minimum price.

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30 transactions its journal ,ledger and trial balance

Posted by Tanisha Sarkar 6 years ago

CBSE > Class 11 > Accountancy

2 answers

Aaaa Aaaa 6 years ago

Yes it is possible

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Kedar Joshi 6 years ago

Yes

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Project of accountancy class 11

Posted by Aditya Pandya 6 years ago

CBSE > Class 11 > Accountancy

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From the following particular before machinery account and depreciation account for 3 years

Posted by Amr- Movies 6 years ago

CBSE > Class 11 > Accountancy

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accrual and prepayment

Posted by Rekha Mittal 6 years ago

CBSE > Class 11 > Accountancy

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Hii guys

Posted by Parul Mittal 6 years ago

CBSE > Class 11 > Accountancy

3 answers

Pradeep Hitnalli 6 years ago

Hii

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Aaaa Aaaa 6 years ago

Hiiii

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Taneesha Bhania 6 years ago

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Tere me ke

Posted by Vishal Rawat 6 years ago

CBSE > Class 11 > Accountancy

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Plz give me syllabus in this year 2019 -20

Posted by Mukesh Chandrakar 6 years ago

CBSE > Class 11 > Accountancy

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Chapter 9 and 10 ka video

Posted by Mukesh Chandrakar 6 years ago

CBSE > Class 11 > Accountancy

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How to practic

Posted by Rahul Chinu 6 years ago

CBSE > Class 11 > Accountancy

1 answers

Choudhary ? 6 years ago

By writing

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Muje 30 entirs ciya or vo be legar and trai balance ke solution ke sath

Posted by Anku Patel 6 years ago

CBSE > Class 11 > Accountancy

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Plz give 30 entries of journal then legar then trai balance

Posted by Anku Patel 6 years ago

CBSE > Class 11 > Accountancy

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Bank samadhan Hindi

Posted by Amit Sahu Amit 6 years ago

CBSE > Class 11 > Accountancy

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Practical wrk

Posted by Avnish Rajput 6 years ago

CBSE > Class 11 > Accountancy

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Accounding system using DBMS revision notes

Posted by Mounaprabakaran M 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

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JOURNAL LEDGER XYZ COM. EMPORT EXPORT GOOD AND SERVICES

Posted by Brijesh Panday 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

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In accounting equation what should we do to the interest on drawings

Posted by Priyanka Samyal 6 years, 1 month ago

CBSE > Class 11 > Accountancy

3 answers

Mankirat Khurana 6 years ago

The treatment of interest on drawing and interest on capital is same in accounting equation .....the amount of interest on drawing is first added to capital and then subtracted from capital because it is an income for business as well as expense therefore incomes are added to capital and expenses are subtracted from capital

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Dhanendra Pratap Singh 6 years, 1 month ago

All format will be as it is but only in capital side first add interest on drawing and second deduct same amount in capital

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Divya Solanki 6 years, 1 month ago

Interest on drawing have zero effect on accounting equation. First it should added into capital and than deducted from capital.

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Calculate goss profit from the following imformation?

Posted by Dimpy Raghav 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

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When a transaction is undercast by rupees 1000 then the rectified entry will be??

Posted by Suman Mishra 6 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Nancy Garg 6 years ago

amount in debit+ side

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Sunderakash Krishnan Krishnan 6 years, 1 month ago

If in debit Add debit If in credit Add credit

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what is deferred revenue expenditure

Posted by Nancy Garg 6 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Baisakhi Pattnaik 6 years ago

A heavy expenditure of revenue nature incurred, having the effect of generating income for a number of years is known as Deferred revenue expenditure. Such expenditures are also known as capitalised revenue expenditures because it is temporarily capitalised and spread equally over the number of years for which the benefit is anticipated. For example: Heavy advertisement expenditure incurred to launch a new product or venture. Research and development expenses. Discount on issue of shares and Debentures. Expenses on issue of shares and debentures. Exceptional repair of machinery.

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Rectify the following: A credit sale of goods rs. 423 to krishnan entered as rs. 432

Posted by Puneet Maheshwari 6 years, 1 month ago

CBSE > Class 11 > Accountancy

4 answers

Mukesh Chandrakar 6 years ago

Right hai ???

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Aditya Gupta 6 years, 1 month ago

kishan a/c dr. 9 to sales a/c 9

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Nancy Garg 6 years, 1 month ago

krishna... dr_ 9 to sale..... cr_ 9

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Sahul Pandey 6 years, 1 month ago

Paid commision in accounting equation

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Effect of clean India on PPC

Posted by I We 6 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Yogita Ingle 6 years, 1 month ago

Clean India mission increases the cleaniness of the nation which reduces the number of people falling sick. This will increase the efficiency of the people to work and increases potential of the production process. Therefore PP curve will shift towards right.

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Depreciation ma story telling

Posted by Ranju Gutgutia 6 years, 1 month ago

CBSE > Class 11 > Accountancy

0 answers

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Calculate closing stock Opening stock 38000 Purchases 340000 Return outwards 4000 Frieght inwards 26000 Sales 360000 Return inwards 5000 Gross loss 20000

Posted by Ќĥǘŝĥį Ƒãťįϻã 6 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Baisakhi Pattnaik 3 years, 10 months ago

Given: Opening stock=38,000 Purchases=3,40,000 Return outwards=4000 Therefore, net purchase=purchase-return outward= 3,40,000-4,000=3,36,000 Cost of goods sold= opening stock+net purchase+direct expenses - closing stock = 38000+336000+26000-closing stock =400000-closing stock Now, given, Sales=3,60,000 Return inward=5000 Therefore,net sales= 3,55,000 We know that Gross loss= cost of goods sold- net sales =>20,000=4,00,000-closing stock-3,55,000 =>closing stock=4,00,000-3,75,000= 25,000 So, closing stock is rs.25000

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Purchase book was overcast by 6100

Posted by Shubham Mehta 6 years, 1 month ago

CBSE > Class 11 > Accountancy