Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is net profit?

Answer Posted / ranjith

ASSETS-LIABILITIES=0


NET PROFIT WILL BE CALCULATED AS FOLLOW:


GROSS PROFIT-(SELLING EXPENSES+ADMINISTRATIVE OVERHEADS)=NET
PROFIT

Is This Answer Correct ?    6 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c

1520


hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units

2189


sort out the difference between service provider & service reciepient from the service tax.

2077


if jj form not cancelled within 1hour,wat to do

1825


paid two years rent N1200, bought Motor van for cash N3000

2002


describe the most complex challenge that you have faced and how you managed it

2263


What exactly balance sheet depicts

2038


What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.

2274


What is the base for issuing of C-form date of sale or date of purchase since goods sent by one quarter ended may reach in next quarter.

2480


whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector

1717


why the RRB'S not lend loans directly to farmers?

2051


Expand---------PED

2149


If income and expense both are equal then what it depicts

1944


When we are raised a interstate invoice then which type invoice we are raised

1881


What is discounting accounting and why depriciation of assets are mention in dicounting accounting?

2118