How to Calculate Turnover?
- 6 Answers
- 46282 Views
- College School Exams Tests, TATA, I also Faced
- E-Mail Answers
Answer Posted / ravi
turn over will be caluculated on sales generally
turn over is caluculated on gross sales because net sales
include taxes if we deuct tax we get actual sales actual
sale can be treated as gross sale & it can also be treated
as turn over
some times it is caluculated on net sales
eg- sales-sales returns we get net sales
| Is This Answer Correct ? | 57 Yes | 16 No |
Post New Answer View All Answers
How do the standards assist the users of financial report?
what is joint venture?
define bank Draft
Can v transfer trail balance to journal entry how and with example?
What is the difference between payable and accrual
why the closing stock is not considered in drawing trail balance.... Are there any other items like the above
When we are raised a interstate invoice then which type invoice we are raised
does MIS reports are used in Tally n Focus software? if yes how it is used in focus software? for AR n AP
What is the use of final account?
Office cash was stolen? state whether the following transcation is business transcation or non business transcation?
what is Sums on Finalization of Accounts?
How to increase our credit rating score quickly?
What are the question asked for accounts associate
What elements of your job do you find most difficult
state and explain THREE types of situation to which accounting concept might be applicable
