Interested to Buy Any Domain ? << Click Here >> for more details...
what is accpunting ? What is intangible Accounting?
What is Gross profit ? what is Net profit?
- 1 Answers
- 4260 Views
- I also Faced
- E-Mail Answers
Answer Posted / geetika
Gross profit is the difference between sales and cost of
goods sold. Thes cost can include manufacturing expenses,
raw material , labour etc.
Accounting is defined as "The art of recording,
classifying, and summarizing transactions and events in
terms of money and interpreting the results thereof.
Net Profit is the difference between Company Expenses and
Revenue and itis also known as net income and net earnings.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
How new/innavtive assets are to be treated under IFRS?
I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.
How to pass journal entry for payment of 20 % of outstanding income tax demand of AY 14- 15 of an company in the AY 18-19.
"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.
journal entry for prepaid insurance and salary outstanding
Entry Tax is Central Income or State Income. Which Challan this tax deposited ? In Sale Tax Return which column is shown this tax
what's the mean by Imprest system? Please give me Replay on this no. 9885789716
In tally when accounts with inventory ,when working in units of measurement under this after creating unit ,if we want to change the unit due to some mistake why does the cursor does not stop in the decimal field? And why the used units do not get deleted in the alter section?
What entry to be passed for Duty draw back as receivable
how to see reoprt of miro booking in SAP FI
What do you debit and credit if discount allowed is underrated?
How to make privision in SAP. (Please revert on the possibility of making this happen at PO Stage)
can we credit depreciation of the year to the general reserves in a balance sheet of that year? and also enlist some relevant documents or standards?
What is the formula for acid test ratio in accounting?
how to pass interest on security entries and salary payable entries in tally and how to maintain e-commerce company account please revert me ASAP its needful for me
