how can i calculate annual turnover for a construction
company
Answer Posted / s periasamy
A finished building which is registered before 31-03 will
be the sale of the construction company. The buldings
completed not yet sold are finished goods. The construction
not yet completed are Process stock. The cement, steel
materials etc and the land not yet started for construction
are raw materials.
| Is This Answer Correct ? | 5 Yes | 8 No |
Post New Answer View All Answers
Where I can Found Cost Reduction Techniques Implemented by Various cement Companies
Tell me where do generally accruals appear on the balance sheet?
What is difference between Cash Flow and fund flow
salary payable deduct tds entry
What was your most complicated sales cycle in past positions?
Tell me how can you define departmental accounting?
What is the use of form D in sale tax
For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?
Tell me what is “deposit in transit”?
What is the entry for provision?
Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.
I got a transaction of Online Recruitment Charges, So What is the Ledger to Create?
How to make a vat entry in books including setoff?
6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?
Our is a banking Activity, one person is supplying printing advertisement sheet of our product, whether he is liable to deducte TDS @ 1%