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  • Financial Accounting (Mgt101) STUDENT ID: mc190404201 Assignment#1

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    nageen nadeem
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    This financial document outlines the intangible assets, equity, total income/revenues, selling expenses, and cost of goods sold for a student's accounting assignment. It shows Rs. 400,000 in intangible assets including patent rights, Rs. 12,10,000 in total equity, Rs. 961,000 in total income from sales and services, Rs. 225,000 in selling expenses from advertisement and carriage, and Rs. 600,000 in cost of goods sold including purchases and carriage.

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    FINANCIAL ACCOUNTING.docx

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    This financial document outlines the intangible assets, equity, total income/revenues, selling expenses, and cost of goods sold for a student's accounting assignment. It shows Rs. 400,000 in intangible assets including patent rights, Rs. 12,10,000 in total equity, Rs. 961,000 in total income from sales and services, Rs. 225,000 in selling expenses from advertisement and carriage, and Rs. 600,000 in cost of goods sold including purchases and carriage.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    8 views1 page

    Financial Accounting (Mgt101) STUDENT ID: mc190404201 Assignment#1

    Uploaded by

    nageen nadeem
    This financial document outlines the intangible assets, equity, total income/revenues, selling expenses, and cost of goods sold for a student's accounting assignment. It shows Rs. 400,000 in intangible assets including patent rights, Rs. 12,10,000 in total equity, Rs. 961,000 in total income from sales and services, Rs. 225,000 in selling expenses from advertisement and carriage, and Rs. 600,000 in cost of goods sold including purchases and carriage.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    FINANCIAL ACCOUNTING (MGT101)

    STUDENT ID: mc190404201


    ASSIGNMENT#1

    1 INTENGIBLE ASSETS
    Particulars Rs.
    INTENGIBLE ASSETS 250,000
    PATENT RIGHTS 150,000
    400,000
    2 EQUITY
    Particulars Rs.
    TOTAL LIABILITY 10,30,000
    TOTAL ASSET 22,40,000
    12,10,000
    3 TOTAL INCOME/REVNUES
    Particulars Rs.
    SALES 121,000
    SERVICES 840,000
    961,000
    4 SELLING EXPENSES
    Particulars Rs.
    ADVERTISTMENT 65,000
    CARRIAGE 160,000
    225,000
    5 COST OF GOODS SOLD
    Particulars Rs.
    PURCHASE 550,000
    CARRIAGE 50,000
    600,000

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