Prepare balance sheet:- Net Loss-22,000 Accrued commission-16,255
Patent Right-25,000 Prepaid insurance-415
Drawing-11,225 Bank overdraft-13,525
Debtors-34,000 Capital-70,000
Outstanding Salary-17,000 Closing stock-18,630
Loan to Staff-9,000 Loan from ABC-19,265
Creditors-16,735

ANSWER=balance sheet total-(103,300)

Abc factory produces 24,000 units. the cost sheet gives the following information: direct materials rs. 1,20,000direct labour rs. 84,000variable overheads rs. 48,000semi variable overheads rs. 28,000fixed overheads rs. 80,000total cost rs. 3,60,000presently the product is sold at rs. 20 per unit.the management proposes to increase the production by 3,000 units for sales in the foreign market . it is estimated that semi variable overheads will increase by rs. 1,000. but the product will be sold at rs. 14 per unit in the foreign market. however, no additional capital expenditure will be incurredq-1. what is present profit of the company ? q-2. what is proposed profit of the company in new market? q-3.what is suggestion for new makret proposal whether proposal accept or not