What is GP?
Answers were Sorted based on User's Feedback
Answer / tarun aggarwal
GP IS THE DIFFERANCE BETWEEN SALES REVENUE AND COST OF GOODS
SOLD
SALES MEANS-GROSS SALES MINUS SALES RETURN
COST OF GOODS SOLD-OPENING STOCK+PURCHASES+DIRECT
EXPENSES-CLOSING STOCK
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / anup
Gross profit is credit balance of trading a/c. is the
difference between sales revenue and cost of goods sold.
Is This Answer Correct ? | 5 Yes | 2 No |
Answer / rohit
Gross profit is a credit balance of Trading A/c. Its
include all the direct expenses and incomes. Its also
include Opening profit and closing profit, sales(minus
sales return), purchases (Minus Purchases return.
Rohit24pant@yahoo.co.in
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / a.sampathkumar
Gross profit is a credit balance of Trading A/c. Its
include all the direct expenses and incomes. Its also
include Opening profit and closing profit, sales(minus
sales return), purchases
Is This Answer Correct ? | 1 Yes | 0 No |
If you have to operate your account, what are the various ways you can take?
how options are different than equities?
What are direct instruments of monetary policy?
Does leasing release the firm from bad investment?
How will you define Bank Rate?
How to check Credit Worthiness?
Name some negotiable instruments.
What is Wholesale Price Index(WPI)?
what is difference between purchases register and purchases books
What is the use of color boxes in WTO category of subsidies?
What is SRIN
WHY RISK MANAGEMENT/GENERAL INSURANCE/LIFE INSURANCE?