what is the diffrence between gross profit& net proffit?
Answer Posted / srikanta
G.P= NET SALES+CLOSING STK-NET PURCHASE-DIRECT COST
N.P=G.P+NON OPERATING INCOME-NON OPERATING EXP
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
discounted our own note 60-18% for 4,500 note. the proceeds will be directly credited to bank account. what is the entry of this?
what is tds rate of WCT applay for sale tax ragistard company.
what is mean by T and E cosept
outstanding expenses, prepaid or unexpired expenses
What is COVER payment?
I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T
Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
Three steps for correction in BRS?
About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?
Short Answer on ___________Cash Profit
What is the definition of LOSS. Give the formula if any.
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
1. Fdr mature with interest
how to prepare mba finance for interview questions
What is revaluation of Accounts, how does it is accounted in business