PROGRAM 1

PREPARATION OF INCOME STATEMENT

Receipts:
Sales: 100000
Commission received: 500
Discount received: 2000
Interest received: 800
Payments:
Salary: 6000
Wages: 5000
Rent: 400
Discount allowed: 1500
Printing and Stationary expenses: 3000

PROGRAM 2
TIME VALUE OF MONEY
1. ROI: 12%
Principal amount: 50000
No of years: 7
Calculate future value
2. ROI: 10%
Principal amount: 70000
No of years: 12
Calculate present value
3. Mr.B pays Rs.5000 every year for 6 years starting from the next year starting from the next
year. What is the lump sum amount at the end of 6th year, if the rate of interest is 8.5%?
4. Mr.C opens a recurring deposit with Indian bank of an monthly instalment of Rs.600 for 12
years. If ROI is 8% what will be the amount at the end of period if the monthly instalment is
paid after 1 year
5. Mr.D invest in a company which is offering to make Rs.10000 grows to Rs.70500 in three
years. What will be ROI?
6.Mr.A invest sum of the amount for eight years at ROI 9.2% whose future value 5 lakhs
what would be the present value if the amount is invested in equal instalment?