Interested to Buy Any Domain ? << Click Here >> for more details...
What is Gross Income?
- 8 Answers
- 11718 Views
- Wipro, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / siva kumar
direct incomes over direct expenses is called a gross
income.
| Is This Answer Correct ? | 6 Yes | 2 No |
Answer / mohammedghousemohiuddin
Gross income is nothing but a gross profit.
Gross profit = opening stock + net purchases +direct
expenses - Closing stock
| Is This Answer Correct ? | 6 Yes | 2 No |
Answer / md mustafa
Gross profit = Net sales – Cost of goods sold
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / guest
Gross Income is a term used in the Charities Act 1993 in
relation to thresholds for scrutiny of non-company charity
accounts, the preparation of accruals accounts, preparation
of annual reports and submission of annual reports and
accounts to the Commission.
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / preeti sharma
gross income is calculated in the trading account.trading
account is related to direct income and expenditure.gross
income is always put of dedit side and gross loss credit
side in the tading account.
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / sameena
Gross Income implies as Gross profit i e gross profit
(opening stock +purchases +direct expenses-closing stock)
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / tara
GROSS INCOME IS NOTHING BUT A TOTAL INCOME OF THE WORK.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / saraswathi.m
Gross Income is nothing but Total income before taxes or
expenses are deducted
| Is This Answer Correct ? | 0 Yes | 0 No |
what is importance of accounting?
Expand D A
what is IPO
Paid vehicle insurance of Rs 12000 on 1-1-2009. Pass entry at the of payment and also create prepaid insurance account
EXPAND______________RITES
what does profit and loss appropriation a/c on dr side of financial trial balance mean? pls answer my question
What is the working formula for Debt Equity ratio
What is marginal costing?
Define EBIT & EBITDA?
7 Answers Core Logic, Genpact,
Hi all of you my name is Purushottam Kumar i would like to ask this question to every user of this site.My question is 'Where does losses goes in Share Market'?
what do you mean by BPO,KPO
Is sensex opens in morning with same points with which it was closed on eve of previous day or may its points change in night?
Audit 
