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MGT101 Assignment No 01 Fall 2019 Solution & Discussion Due Date: 13-11-2019
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Thank you ...........
wesy many abhi tk assignmnt dekhi bh nhi .........:p
rent of building bhi selling expense main nahi Add ho ga?? ARSAL?
rent of building is administrative expense...! not selling expense
jo sale py earning ho rahi hai wo b tu cost of goods sold mai add ho gi kiya? That is our gross profit i think so.
g wahe likha hy me nay b
k amount earned on sales, total profit me add hoga
btw kuxh khaas smjhy nhi atiiii
MGT101 Assignment#01 Complete Solution Uploaded now Check it at below link
Shukryaaa TM sir !!
Mgt 101 Assignmnt solution
Intangible Asset =Copy’s rights + good will
Intangible Asset =250000+150000
Intangible Asset =400,000
Assets = Liabilities + Owner’s equity
Owner’s equity =Assets - liabilities
Owner’s Equity = 2240000-1030000
Owners equity = 1210000
Total Income /Revenue = amount earned on sales of goods + amount earned by rendering
Total Income /Revenue = 121000+840000
Total Income /Revenue= 961000
Selling Expense = advertisement expense + carriage /transport paid on sales of good
Selling expense = 65000+160000
Selling expense =225000
Cost of goods sold =purchase +carriage /transportation paid on purchase
Cost of goods sold = 550000+50000
Cost of goods sold =600000
Note: if you found any mistake then correct ur self
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