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Sales ratio (1:3). Time ratio (2:3) Salaries 15500,Advertisement expenses. 2400,General expenses 3000,Preliminary expenses. 2750,Rent received.4500,Share transfer fee received.60,Commission on sales at 1%. 3000,Interest paid to vendors ( to 30 June for 6 month)1800,Depreciation. 3500,Debenture interest.2340,Interest upto June 2010 (half yearly.)2400,Interest after 30 June 2010 (yearly).6000,Sales for the first four months. 75000, Gross profit amounted 120000?
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Sales ratio (1:3). Time ratio (2:3) Salaries 15500,Advertisement expen...
Sales Ratio:
The sales ratio of 1:3 indicates that the sales revenue is divided in the ratio of 1:3 between two parties. In this case, one party would receive one part of the sales revenue, while the other party would receive three parts.
Time Ratio:
The time ratio of 2:3 indicates that the time period is divided in the ratio of 2:3 between two parties. In this case, one party would have the use of the time period for two parts, while the other party would have the use of the time period for three parts.
Salaries:
The total amount of salaries paid is Rs. 15,500.
Advertisement Expenses:
The total amount of advertisement expenses is Rs. 2,400.
General Expenses:
The total amount of general expenses is Rs. 3,000.
Preliminary Expenses:
The total amount of preliminary expenses is Rs. 2,750.
Rent Received:
The total amount of rent received is Rs. 4,500.
Share Transfer Fee Received:
The total amount of share transfer fee received is Rs. 60.
Commission on Sales:
The total amount of commission on sales at 1% is Rs. 3,000.
Interest Paid to Vendors:
The interest paid to vendors for the period up to 30 June for 6 months is Rs. 1,800.
Depreciation:
The total amount of depreciation is Rs. 3,500.
Debenture Interest:
The total amount of debenture interest is Rs. 2,340.
Interest:
The interest for the period up to June 2010 (half-yearly) is Rs. 2,400, and the interest after 30 June 2010 (yearly) is Rs. 6,000.
Sales for the First Four Months:
The total amount of sales for the first four months is Rs. 75,000.
Gross Profit:
The gross profit is Rs. 120,000.
Explanation:
To explain the given information in a detailed manner, we can break it down into the following sections:
1. Sales and Time Ratios:
- The sales ratio of 1:3 indicates that the sales revenue is divided in the ratio of 1:3 between two parties.
- The time ratio of 2:3 indicates that the time period is divided in the ratio of 2:3 between two parties.
2. Expenses:
- Salaries: The total amount of salaries paid is Rs. 15,500.
- Advertisement Expenses: The total amount of advertisement expenses is Rs. 2,400.
- General Expenses: The total amount of general expenses is Rs. 3,000.
- Preliminary Expenses: The total amount of preliminary expenses is Rs. 2,750.
3. Income:
- Rent Received: The total amount of rent received is Rs. 4,500.
- Share Transfer Fee Received:
The sales ratio of 1:3 indicates that the sales revenue is divided in the ratio of 1:3 between two parties. In this case, one party would receive one part of the sales revenue, while the other party would receive three parts.
Time Ratio:
The time ratio of 2:3 indicates that the time period is divided in the ratio of 2:3 between two parties. In this case, one party would have the use of the time period for two parts, while the other party would have the use of the time period for three parts.
Salaries:
The total amount of salaries paid is Rs. 15,500.
Advertisement Expenses:
The total amount of advertisement expenses is Rs. 2,400.
General Expenses:
The total amount of general expenses is Rs. 3,000.
Preliminary Expenses:
The total amount of preliminary expenses is Rs. 2,750.
Rent Received:
The total amount of rent received is Rs. 4,500.
Share Transfer Fee Received:
The total amount of share transfer fee received is Rs. 60.
Commission on Sales:
The total amount of commission on sales at 1% is Rs. 3,000.
Interest Paid to Vendors:
The interest paid to vendors for the period up to 30 June for 6 months is Rs. 1,800.
Depreciation:
The total amount of depreciation is Rs. 3,500.
Debenture Interest:
The total amount of debenture interest is Rs. 2,340.
Interest:
The interest for the period up to June 2010 (half-yearly) is Rs. 2,400, and the interest after 30 June 2010 (yearly) is Rs. 6,000.
Sales for the First Four Months:
The total amount of sales for the first four months is Rs. 75,000.
Gross Profit:
The gross profit is Rs. 120,000.
Explanation:
To explain the given information in a detailed manner, we can break it down into the following sections:
1. Sales and Time Ratios:
- The sales ratio of 1:3 indicates that the sales revenue is divided in the ratio of 1:3 between two parties.
- The time ratio of 2:3 indicates that the time period is divided in the ratio of 2:3 between two parties.
2. Expenses:
- Salaries: The total amount of salaries paid is Rs. 15,500.
- Advertisement Expenses: The total amount of advertisement expenses is Rs. 2,400.
- General Expenses: The total amount of general expenses is Rs. 3,000.
- Preliminary Expenses: The total amount of preliminary expenses is Rs. 2,750.
3. Income:
- Rent Received: The total amount of rent received is Rs. 4,500.
- Share Transfer Fee Received:
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Sales ratio (1:3). Time ratio (2:3) Salaries 15500,Advertisement expenses. 2400,General expenses 3000,Preliminary expenses. 2750,Rent received.4500,Share transfer fee received.60,Commission on sales at 1%. 3000,Interest paid to vendors ( to 30 June for 6 month)1800,Depreciation. 3500,Debenture interest.2340,Interest upto June 2010 (half yearly.)2400,Interest after 30 June 2010 (yearly).6000,Sales for the first four months. 75000, Gross profit amounted 120000?
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Sales ratio (1:3). Time ratio (2:3) Salaries 15500,Advertisement expenses. 2400,General expenses 3000,Preliminary expenses. 2750,Rent received.4500,Share transfer fee received.60,Commission on sales at 1%. 3000,Interest paid to vendors ( to 30 June for 6 month)1800,Depreciation. 3500,Debenture interest.2340,Interest upto June 2010 (half yearly.)2400,Interest after 30 June 2010 (yearly).6000,Sales for the first four months. 75000, Gross profit amounted 120000? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Sales ratio (1:3). Time ratio (2:3) Salaries 15500,Advertisement expenses. 2400,General expenses 3000,Preliminary expenses. 2750,Rent received.4500,Share transfer fee received.60,Commission on sales at 1%. 3000,Interest paid to vendors ( to 30 June for 6 month)1800,Depreciation. 3500,Debenture interest.2340,Interest upto June 2010 (half yearly.)2400,Interest after 30 June 2010 (yearly).6000,Sales for the first four months. 75000, Gross profit amounted 120000? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Sales ratio (1:3). Time ratio (2:3) Salaries 15500,Advertisement expenses. 2400,General expenses 3000,Preliminary expenses. 2750,Rent received.4500,Share transfer fee received.60,Commission on sales at 1%. 3000,Interest paid to vendors ( to 30 June for 6 month)1800,Depreciation. 3500,Debenture interest.2340,Interest upto June 2010 (half yearly.)2400,Interest after 30 June 2010 (yearly).6000,Sales for the first four months. 75000, Gross profit amounted 120000?.
Sales ratio (1:3). Time ratio (2:3) Salaries 15500,Advertisement expenses. 2400,General expenses 3000,Preliminary expenses. 2750,Rent received.4500,Share transfer fee received.60,Commission on sales at 1%. 3000,Interest paid to vendors ( to 30 June for 6 month)1800,Depreciation. 3500,Debenture interest.2340,Interest upto June 2010 (half yearly.)2400,Interest after 30 June 2010 (yearly).6000,Sales for the first four months. 75000, Gross profit amounted 120000? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Sales ratio (1:3). Time ratio (2:3) Salaries 15500,Advertisement expenses. 2400,General expenses 3000,Preliminary expenses. 2750,Rent received.4500,Share transfer fee received.60,Commission on sales at 1%. 3000,Interest paid to vendors ( to 30 June for 6 month)1800,Depreciation. 3500,Debenture interest.2340,Interest upto June 2010 (half yearly.)2400,Interest after 30 June 2010 (yearly).6000,Sales for the first four months. 75000, Gross profit amounted 120000? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Sales ratio (1:3). Time ratio (2:3) Salaries 15500,Advertisement expenses. 2400,General expenses 3000,Preliminary expenses. 2750,Rent received.4500,Share transfer fee received.60,Commission on sales at 1%. 3000,Interest paid to vendors ( to 30 June for 6 month)1800,Depreciation. 3500,Debenture interest.2340,Interest upto June 2010 (half yearly.)2400,Interest after 30 June 2010 (yearly).6000,Sales for the first four months. 75000, Gross profit amounted 120000?.
Solutions for Sales ratio (1:3). Time ratio (2:3) Salaries 15500,Advertisement expenses. 2400,General expenses 3000,Preliminary expenses. 2750,Rent received.4500,Share transfer fee received.60,Commission on sales at 1%. 3000,Interest paid to vendors ( to 30 June for 6 month)1800,Depreciation. 3500,Debenture interest.2340,Interest upto June 2010 (half yearly.)2400,Interest after 30 June 2010 (yearly).6000,Sales for the first four months. 75000, Gross profit amounted 120000? in English & in Hindi are available as part of our courses for B Com.
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