Answer Posted / aarchi
Closing Stock /sales*100
this formula is useful for calculating ratio of stock
against sales. & If we hv to knw the quantity & value of
closing stock then we can use this method
Closing Stock = Oppening Stock + Purchase - Sales
| Is This Answer Correct ? | 14 Yes | 2 No |
Post New Answer View All Answers
Is it compulsary to give TOEFL for applying US visa.
what is consumer product accoutning?
Q1.How depreciation deffer from depletion? Q2.show the main benefit from calculating and recording depreciation.
which subsidiary book is source of these:debit note,credit slip,
if co. (proprietorship). purchase mobile phone for employees than mobile phones under off. equipment .we have rec. purchase bill gst applicable how shows entry
How to show Airticket Expense on Company's A/c as Company expense
Pass the journal entry: rent outstanding
Why are accounting standards necessary?
hi friends, i have simple doubt if we completed this financial year that is 2009-10 march. after that we will file it period of oct-2010.so from apr-2010 that is new f.y.what we take the opening balances without filing how can we know the exactly figures?
how to calculate basic to gross salary
As you know account executives need to be talented salespeople. Do you have experience making sales?
My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance
Tell me what is reversing journal entries?
what is the defination of mat n calculation of mat... with example this is applicable in company or firm, pl. discribe me.....thanx ashok
The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
