adspace


Short Answer on _________Commerce

Answer Posted / Jayant Sachan

Commerce refers to the system of exchanging goods and services between buyers and sellers. It includes all activities related to the production, distribution, exchange, and consumption of goods and services.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

please send me last 3 years question & solution

2193


Hi Im Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Clerical post. Please help me I f u can. thanx in advance

2102


What is the Accounts Payable & Accounts Receivable ?

2340


someone plz plz plzz.. send me the sample papers for SBI clerical xams... i need it very badly..

2589


Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times

2387


From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.

4309


can anybody send me interview question&answer to me in accounts and finance and income tax....my mail.id...jagathis1986@gmail.com

2117


1.provide a brief write up on why you consider yourself suitable for the post voting your major achievements? 2. Mention your position in the hierarchy and the levels above and below you ?

1766


what is tds rate of WCT applay for sale tax ragistard company.

2702


Can anyone mail journal entries for me? my Mail id rukmini@live.in

1992


im preparing for the sbi clerical post please send me the solved questions.

2347


can i get exact salary of clerk in SBI. and i want to know about promotion details .....

2085


pl send me SBI previous question papers for clerical post to my email id :jahnavi_devi@yahoo.com

2103


please give me a last 10 years sbi clerk question and answer paper

2052


WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.

2233