Answer / yadav kuldeep

Gross Profit Ratio= (Gross profit /Net Sales)*100
Gross Profit = Net Sales - Cost of goods sale
Cost of goods sold = (Op. Stock + Purchase+ Direct exp.)-
Closing stock
Net sales= (Cash sales + Credit Sales)- Sales return

Answer / mukesh

gross profit/turnover

When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?

0 Answers  

---

Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A

1 Answers  

---

Tell me what is ledger?

0 Answers  

---

what is the meaning of 4X and 10X value in intraday market?

0 Answers  

---

if u sale an asset for Rs.1000, which shows the book value of 8600. what will be the journal entry???

3 Answers   ACS,

---

Can you differentiate public and private accounting?

0 Answers  

---

When will the cash Book have a Credit Balance?

20 Answers   Accenture,

---

Please give me as example of service tax & Vat Posting through Tally.

0 Answers  

---

Hi sir, Our appointed one agent for sales promotion activities. This agent doing the job "canvas of our product". My quires 1)it is eligible for service tax and how to accounted. 2) this transaction is direct expenses or direct expenses? Pl suggest me

0 Answers   Supraveni Chemicals,

---

What is cash profit

2 Answers   Capital IQ,

---

how to select afile in window vista

1 Answers  

---

Do you use social media to identify prospects?

0 Answers  

---