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I know that rate of stock turnover = cost of goods sold/ average of stock. average of stock = (opening stock + closing stock)/ 2 what happens if it is a new business with no opening stock? do u take closing stock/2 or simply just take closing stock as the average stock figure?
1 3630Please do let me know how to pass the entry for the rent invoice recd. from business centre (for eg. total amt. is 39941/-)includes rent is 35000/-, telephone chgs: 82.80/- ,Stationary 15/-, Pantry chgs. 450/- and service chg 4393.71/- .
3 56771- when will be vat charge, C.s.t charge and excise charge on the goods ? 2- what is different between intra sales & purchase and inter sales & purchase?
3 7192why the loss by fire taking in to the credit side of the trading a/c.instead of this is company's loss?
3 12805What do u mean by Deferred Revenue Expenses? Explain with examples?
Cap Gemini, Genpact, HSBC, Shivam, Wipro,
8 31584Post New Accounting AllOther Questions
what do you mean by accounting?Explain the various concepts of accounting and the need for having accounting standards?
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Where to enter bonus and pf esi in tally pls help for me
Questions on Purchase Book & sales Book .Balance sheet , Purchase & Sales Return
why you would like to work for the our(AIRLINE) Group ???
in what form is crr kept in RBI?
How do you set the increment point in appraisal of salaries. It becomes so difficult for the employer to hear again and again about increment
what is Sums on Finalization of Accounts?
what is participation right is it a debt? or not?
difference between office expense and miscelleanous expense with some examples
i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....
How can i do the entry of of service tax in tally.
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Please do tell me about the questions which are asked at BACS FINAL ROUND.
what is absorbtion coasting?
