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Accounting Accounting Difficulty: Medium

Balance as per cash book(adjusted.=$1000, Unpresented checks=$2000, Uncredited checks=$500, Deposit in transit=$500. Compute the balance as per bank statement. The target operating income is multiplied to tax rate and then subtracted from target operating income to calculate _____________? If the total revenue is $10000 and the total variable cost is $4000, then the contribution margin would be ___________? Which of the following statements is true with regard to written down value method of depreciation? i. The rate at which the asset is written off reduces year after year ii. The amount of depreciation provided reduces from year to year iii. The rate of depreciation as well as the amount of depreciation reduce year after year iv. The value of the asset gets reduced to zero over a period of time The flow of goods and services, from the start of gathering materials until the delivery of products, is known as __________?