General Business Questions and Answers

Help me to bring in moto of our company.?

I am running a company of computer hardware, Software and networking solution provider. What should be our company moto. Tell me little bit give or take a few its background too please.


Answers: "We gridiron! You work!"


I saw a restroom moto once before.
"We aim to please! You aim too please!"
i certainly do this for a living.

Who is your target market.
Do you hold a company mission statement?
What is your company culture?

I think more inhabitants could better help you if you share that info.
I CAN GIVE YOU AN IDEA BUT YOU HAVE TO MAKE YOUR OWN BECAUSE YOU KNOW YOUR COMPANY.

WHAT PEOPLE WANNA HEAR FROM A COMPANY IS RELIABILITY, AND EFFICIENCY

TRY COMBINING THOSE TWO CONCEPTS..
Whether it's tough or soft, we won't screw you.

Financial Accounting?

The financial year of Ali & Co is closed on June 30, 2007. Data regarding Ali & Co is given below:
Rs.
Opening set off
Debtors 75,000
Creditors 125,000

Closing balance
Debtors 100,000
Creditors 150,000

Sales
Cash 100,000
Credit 130,000

Purchases
Cash 80,000
Credit 100,000
Purchase returns (From credit purchases) 5,000
Receipts from debtors ?
Payments to creditors ?
Discount allowed 2,000
Discount received 5,000
Bad debts written bad 13,000
Increase in provision for doubtful debts 2,500

Required:
Prepare Debtors control article and Creditors control account.


Answers: Debtors Control Account
Beg. bal. $75,000
Net credit sale $128,000
Bad debts written off ($13,000)
Receipts from debtors ($90,000)
Ending bal. $100,000

Creditors Control Account
Beg. bal. $125,000
Net credit purchases $90,000
Payments to creditors ($65,000)
Ending bal. $150,000

I would save the Debtors control a/c gross. The allowance for doubtful debts shd be kept separately and net bad the debtors control a/c only for presentation purposes.

Has anyboody ever heard of or worked for a company called Pre-Paid Legal 7 if so what do/did you think of it?




Answers: I don't know if this is the same company as Prepaid Legal out of Ada OK, but my experience with them was not good. There were very few attorneys that were available to choose from. Because I was getting their services at a cut rate they did very little for me. Unless you use an attorney frequently the fees you pay don't make up for the money you save.

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