Answer / geetika

Gross profit is the difference between sales and cost of
goods sold. Thes cost can include manufacturing expenses,
raw material , labour etc.
Accounting is defined as "The art of recording,
classifying, and summarizing transactions and events in
terms of money and interpreting the results thereof.

Net Profit is the difference between Company Expenses and
Revenue and itis also known as net income and net earnings.

What are the features of financial accounting?

0 Answers  

---

Interest on capital will be paid to the partners if provided for in the agreement but only from________ (a) Profits. (b) Reserves. (c) Accumulated Profits. (d) Goodwill.

1 Answers  

---

IF MY SALARY IS RS.8000 P.M THEN I HOW MUCH I GET BY DEDUCTING P.F & ESI IF COMP DEDUCTS BOTH ESI & PF

6 Answers   AEL, Globarena Technologies, Primaccess,

---

1. WE RUN A OFFICE IN RENTAL BUILDING, MY QUESTION IS A) I TREAT THE OWNER OF A BUILDING AS CREDITOR AND PASS JOURNAL VOUCHER IN TALLY AT THE END OF THE MONTH (OR)I SIMPLY ACCOUNT THE RENT TO BE PAID AS OUTSTANDING EXPENSES AND AFTER AT THE TIME OF PAYMENT I PUT PAYMENT VOUCHER , PLEASE ADIVICE ANY OTHER OPTION ALSO?

1 Answers  

---

prepaid expense ,how to treat in profit & loss a/c

4 Answers  

---

if the current ratio is 0.5 what is the impact of working capital

4 Answers   Capital IQ,

---

What is Use of Reversing Journal(F10)& Optional Voucher(Ctrl+L) in Tally erp9?

4 Answers  

---

what are the extraordinary items?

0 Answers  

---

what is Goodwill? What kind of Asset for the company?

5 Answers   Accenture,

---

if we wrongly entered a payment as a receipt in cash book i.e 500000. then what is the difference in cash book and bank statement during the bank reconciliation.

1 Answers  

---

WHAT ELEMENTS OF YOUR JOB JNTEREST YOU THE MOST AND LEAST?

0 Answers  

---

If we purchase machinery from gujarat ie from cst supplier & we have to give them 'c' form what should be the entry for the same.

2 Answers  

---