Interested to Buy Any Domain ? << Click Here >> for more details...
If I purchase and sale of goods at same price then effect in
trading, P & L A/c
- 2 Answers
- 4928 Views
- ABC, I also Faced
- E-Mail Answers
Answer Posted / amit tiwari
Trading and profit loss Account depend on your Opening
Balance+ Purchase + Wages and Less Sale +Closing stock
But if other figure is 0.00 then there is no profit and no
loss position but the other figure is Available then the
situation will Different it’s not a complete Question or
complete position
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
How to Automate requirment mapping in QC?
Were i have to enter for agreements in tally and in which ledger it will come
How can you explain the basic accounting equation?
What is meant by balancing?
What is the use of form D in sale tax
Give ONE reason for Balance Sheet to be out of balance
Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?
What is computerized accounting?
What are the fictitious assets?
Q1.How depreciation deffer from depletion? Q2.show the main benefit from calculating and recording depreciation.
Explain what is ledger?
hai! i am a BE(computer science) graduate with 54% of aggregate looking for bank clerk job? in interview they are asking why are you looking for a bank job and what guareente that once you are selected ? plz guide me?
Recall a time when you faced a dissatisfied and aggressive customer. How did you handle it?
Do you know what is liabilities and what all does include in current liabilities?
The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above
