opening stock rs.6000
purchases rs.22000
cash sales rs.18000
credit sales rs.12000
calculate closing stock if rate of gross profit on cost of goods sold 25%.
- 3 Answers
- 3722 Views
- State Bank of Mysore SBM, I also Faced
- E-Mail Answers
Answer Posted / shilpi panchal
5000 Closing Stock
| Is This Answer Correct ? | 0 Yes | 3 No |
Post New Answer View All Answers
how to finalised the Balance sheet & profit & loss A/C
Where do we create House banks and what is the process in sap fico
Do you know company's payable cycle?
Do you have any professional experience in this field?
how calculate intrest on advance tax ? and penalty on vat?
how to calculate vat,pf,esi,service tax in corporate firm
What are the disadvantages of double entry system?
Dear Sir, Tomorrow i am going for interview at TCS-Mumbai.Please let me know what kind of question are going to be asked.
Tell us how can you define departmental accounting?
What is a contra entry
EXPLAIN EACH SECTION PROVISIONS ON TDS?
How to calculate Term Loan interest and the double entry for Term Loan ? What difference between hire purchase and term loan ??
What are mis reports?
What does it mean to do accounting training outside of public practice?
what's the mean by Imprest system? Please give me Replay on this no. 9885789716
