Blogger Text

My Aim to Provide you quality contents, Tips & Tricks, Software, Microsoft Office, Graphic Editing (Adobe PhotoShop, After Affects, Illustrator, inDesign) Corel Draw, Corel Video Studio, Cyberlink PowerDirector, Power ActionCinema, Tutorials about Blogging and VU Assignments, Quizes & GDB Solutions and Much More... at regular Basis
                                     ***    Kindly Subscribe our Official YouTube Channel "INFOPALACESS OFFICIAL-Tuts: in this channel we upload Programming (C,C++,C# JAVA, PHP), Web Development, Graphics Editing and Microsoft Office Step by Step Tutorials from bigginer to Advance Level. We also provide free online courses at our YouTube Channel. ***   Graded Assignments/Quizes and GDB will start in Next Week. Solution ideas of All assignments, Quizes and GDB will be available here. If you have any problem regarding this then you can contact us.

MGT101 Assignment No 1 Solution Spring 2018

MGT-101 Assignment No 1 Solution Spring 2018

Here, I am providing you "Solution of MGT - 101  Assignment No 1 due date is 16-05-2018

Note: Please don't make exact copy of this document and make Changes in this assignment, write it in your own words always correct any errors if you found. I am not responsible for zero Marking.

Update:  If you want  to source file in docx format then just visit the link given below to download Solution file of MGT-101

How to Download the File :           Watch video below to see the steps to download file  

Steps 1: Click at link given above
   2:  Enter Captcha Code  
   3:  Wait for 8 Seconds
   4:   Click at Link Generated below             the captcha box
   5:   That's it. You have downloaded

Note: We guarantee you that our site is 100% Malware and virus free so please Please Disabled your Ad-blocker to  Download the file from our site..

If you still facing any problem then please let me know about your problem regarding downloading file and leave a comment below because your feed back is very important to us to make our website more reliable and useful. 

MGT 101 Assignment File: 


Following information is extracted from the books of ABC Traders on 31st December 2017.
Cost of goods sold
Gross profit
Plant & Machinery
Land & Building
Furniture and Fixtures
Cash at bank
Income earned expected to be received within 3 months

Office expenses incurred expected to be paid within 3 months

Opening stock
Closing stock
Sundry creditors
Capital at the start of the period
Profit earned during the period
Salaries of marketing staff
Rent of office building
Advertising expenses
Wages paid to workers
Mark up on loan

Based on the above information of ABC Traders, you are required to calculate the amount of:
1.     Sales Revenue                                                                                            
2.     Fixed Assets                                                                                               
3.     Current Assets                                                                                            
4.     Current Liabilities                                                                                      
5.     Selling expenses                                                               
Capital to be shown in balance sheet as on 31st December 2017      


1 .Sales Revenue :        
                                 Gross Profit =  Sales- Cost of Goods Sold
                                       40000 = Sales -55000
                                        40000 + 55000 = Sales
                                        Sale Revenue =  95000
2.       Fixed Assets :
               Fixed Assets = Plant and machinery + Land and Building + Furniture and  fixtures
              Fixed Assets =  750000 +840000 + 170000 = 1760000.
               Fixed Assets = 1760000

3.   Current Assets :
                  Current Assets = Cash at bank + Income earned  expected to be received within 3 months + Closing Stock
Current Assets = 45,000 + 10,000 +20000
Current Assets = 75000

4.  Current Liabilities :
        Current Liabilities = Office Expenses incurred expected to be paid within 3 months + Sundry Creditors
Current Liabilities = 15000 +25000 = 40000
Current Liabilities   =   40000

5. Selling Expense :
            Selling Expense = Salaries of marketing Staff + Advertisement Expense
             Selling Expense =   150000 +65000 = 215000
Selling Expense  =  215000

6.   Capital to be shown in balance sheet as on  31st December 2017 ?
   Capital  = Capital + Net profit
   Capital = 500000 +46000 = 546000
Capital to be shown in balance sheet as on 31st December 2017 = 546000

Note : if you found any mistake then correct yourself I m not responsible in case of zero marks  

Post a Comment