a) Mr. Suresh commenced business with cash Rs. 40,000

Suresh and Ramesh started a business investing Rs.24,000 and Rs.40,000 respectively.Out of total profit of Rs.15,000, what is Ramesh's share?Rs.10,000Rs.9375Rs.8520None of these

Q-1: Journalise the following transactions:Jan-1 Ramesh started business with cash Rs. 50,000.Jan-4 Purchased goods for cash Rs. 7,000.Jan-5 Sold goods for cash Rs. 5,000.Jan-7 Purchased goods from Mohan on credit worth Rs. 4,500.Jan-12 Sold goods to Sohan on credit worth Rs. 2,000.Jan-16 Paid wages amounted to Rs. 4,000.Jan-17 Paid salaries to Rs. 2,500Jan-22 Received commission Rs. 2,000.Jan-25 Goods returned by Sohan worth Rs. 1,500.Jan-28 Returned goods to Mohan Rs. 1,000.Jan-30 Cash Received from Sohan Rs. 1,200.Jan-31 Purchased furniture from Deepak worth Rs. 5,000.

Ramesh and Suresh, both sales professionals, are employed at a retail outlet specializing in mobile phones. The establishment offers a diverse selection comprising four distinct models: A, B, C, and D, and their selling prices are Rs. 10,000, Rs. 16,000, Rs. 20,000, and Rs. 25,000 respectively.For every sale of a phone of model A, B, C, and D, Ramesh receives a commission of 5%, 8%, 10%, and 10% on selling price respectively. For every sale of a phone of model A, B, C, and D, Suresh receives a commission of 4%, 10%, 8%, and 12% on selling price respectively.In February, Ramesh and Suresh adhere to specific sales ratios for each phone type. They sell phones of type A in the ratio of 2 : 3, while for types B, C, and D, the ratios are 4 : 1, 3 : 2, and 1 : 1 respectively. Ramesh manages to sell an equal number of phones from types A and D, as well as an equal number from types B and C. Together, they sold a total of 53 phones. Ramesh has sold 11 more phones than Suresh.Q 116.   In next month, March, Ramesh gets atleast 50% more commission on selling type A phones, then minimum how many more type A phones did he sell?a)  3b)  1c)  4d)  2

Suresh returned to srilanka from the Switzerland who worked 10 years there. He started a business inhis name of wife usha store with using of five million from his earning. The main business of hisbusiness is buying and selling of textile. After that who admit his friend bala who expert in textileindustry for expanding his business. After that the name changed as Selva & Co.(i) A) Under which sector the first business was included.B) Weather he need to register is business? State the reason ( Marks)(ii) A) Under which act and where it should be register the first business?B) State the documents need to register those businesses. ( Marks)(iii) State two advantages and disadvantages of changing the usha store as Selva & Co( Marks)(iv) A) In order to overcome the drawback of Selva & Co what type of business is suitable.B) State the advantages of converting the those business.(v) State four characteristics of Company limited by guarantee

The income of Suresh and Rakesh are in the ratio 5 : 4 and their expenditure are in the ratio 3 : 2. If each saves Rs. 6000, then Suresh’s income can be? Question Description : Rs. 10000 Rs. 16000 Rs. 15000 Rs. 12000