what is the difference between gross profit and net profit?
Answer Posted / nirmal
GROSS PROFIT - GROSS PROFIT IS PROFIT BEFORE TAX. IT IS THE
CLOSING BALANCE IN THE DEBIT SIDE OF TRADING ACCOUNT.
NET PROFIT - NET PROFIT IS PROFIT AFTER TAX.
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
Expand---------ODMT
Can anybody tell me how much salary m show in my resume for expection for the next job m graduate 2year accounts experience?
what is purchase consideration?
wat is the fundamental analysys& technical analasys?and wat is the difference bewween fundamental analysys&technical analasys?
WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?
hi.this krishan .i m slect in axis bank for executive. when i sposse to join
what is new updates in account
I want to know how to get Appeared to the examination of State bank of India. And how can i find the question Book Series.
what is non stock?
In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.
What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times
Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?
EXPAND_________SDJMC
what is the process of excise duty?
What is finance lease