what is meant by inter trading

Answer Posted / arun

Doing business internally with one of the other sister
concern is called inter trade. i.e. selling product to one
cost center to another cost center, here the products are
internally taking into the accounts of trading.

Is This Answer Correct ?    2 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

it is better to invest in which securities short term/long term or both? please reason4 the same

1513


give the examples of Error of Duplication?and Error of compensatin? with entries

4013


I customized the tax procedures, after posting normal g&l (f-02), i got an error, error is complete lineitem display, its popup error message num, how can i find the message error, whats the t-code

1681


What is the due date for filing monthly & annual sales tax returns in karanataka

3231


what is absorbtion coasting?

1851






hii,i was appeared in recruitment process of Catholic Syrian Bank.Interview question were general banking related... as what is crr,calling rate, current inflationrate etc

1605


What is Trade Recovery Estimate and how can we calculate it?

1515


what are the rules and regulations of junior accountant

1910


What are the Types of invoices batching? & what is 3 way batch?

1702


HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?

1522


How i pass the share holders capital entry in Tally? How to set this option in Tally?

3479


What is the treatment of Capital Work in Progress as per the International Accounting Standards.

4433


HI i have been shortlisted for the Syndicate bank PO post. Can any one guide me about the interview questions..and answers?

1625


Expand-------BANT

1702


Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?

1264