Answer Posted / sri
Credit Note means sales return
Debit Note means purchase return
Is This Answer Correct ? | 20 Yes | 5 No |
Post New Answer View All Answers
Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times
what type of questions are asking for fund administration???
What are direct income and indirect income
ACCOUNTING STANDARDS ISSUED BY INSTITUE OF CHARTERED ACCOUNTANCY INDIA FOR PREPARING FUND FLOW STATEMENT
What is limit of turnover for registering under CST & limit of Form 'C '
What is the accounting treatment for finance lease in lessee's viewpoint?
You have joined company yesterday then you are Appling B1 visa today. why so urgent.
why do you think you are sutable candidate for this post
A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty
What is the working formula for Inventory turnover
What goals do you have in your career
Who will be called as consignee
what is internal audit
Expand---------MDOT
what is ledger account