Problem - 1 Following transactions are given to you:

2073 Shrawan

1 Business started with cash Rs.1,00,000.

2073 Shrawan 3 Purchased goods for cash Rs.20,000.

2073 Shrawan 7 Sold goods for cash Rs.17,000.

2073 Shrawan 10 Paid rent Rs.9,000.

2073 Shrawan 17 Purchased goods from Kedar for Rs.24,000.

2073 Shrawan 20 Paid wages Rs.4,000.

Required:

a) Journal entries

c) Purchases account

148 Accounting

b) Capital account

d) Cash account

The owners of spokes bicycle shop worry that cash flow this winter may be insufficient to meet the current operating expenses. while they anticipate a surplus of cash inflow as warm weather approaches, they need funds now to meet the company's immediate obligations. the owners can best resolve cash flow concerns by obtaining financing.

You are the manager in charge of global operations at bankglobal – a large commercial bank that operates in a number of countries around the world. you must decide whether or not to launch a new advertising campaign in the u.s. market. your accounting department has provided the accompanying statement, which summarizes the financial impact of the advertising campaign on u.s. operations. in addition, you recently received a call from a colleague in charge of foreign operations, and she indicated that her unit would lose $8 million if the u.s. advertising campaign were launched. your goal is to maximize bankglobal’s value. should you launch the new campaign? explain. pre-advertising campaign post-advertising campaign total revenues $18,610,900 $31,980,200 variable cost tv airtime 5,750,350 8,610,400 ad development labor 1,960,580 3,102,450 total variable costs 7,710,930 11,712,850 direct fixed cost depreciation – computer equipment 1,500,000 1,500,000 total direct fixed cost 1,500,000 1,500,000 indirect fixed cost managerial salaries 8,458,100 8,458,100 office supplies 2,003,500 2,003,500 total indirect fixed cost $10,461,600 $10,461,600

What should a food worker use to retrieve ice from an ice machine?