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I know that rate of stock turnover = cost of goods sold/ average of stock. average of stock = (opening stock + closing stock)/ 2 what happens if it is a new business with no opening stock? do u take closing stock/2 or simply just take closing stock as the average stock figure?
1 3547Please do let me know how to pass the entry for the rent invoice recd. from business centre (for eg. total amt. is 39941/-)includes rent is 35000/-, telephone chgs: 82.80/- ,Stationary 15/-, Pantry chgs. 450/- and service chg 4393.71/- .
3 55411- when will be vat charge, C.s.t charge and excise charge on the goods ? 2- what is different between intra sales & purchase and inter sales & purchase?
3 7059why the loss by fire taking in to the credit side of the trading a/c.instead of this is company's loss?
3 12628What do u mean by Deferred Revenue Expenses? Explain with examples?
Cap Gemini, Genpact, HSBC, Shivam, Wipro,
8 31300Post New Accounting AllOther Questions
i have working in contruction company i want billing outside delhi pls. tell me can i bill with tax invoice party provide tin no.
What is the content of purchase order? n content of voucher? what is the main use of voucher.
can we get all interview questions with answers in tally 9 which mostly asked in MNC's.
I want to become CFA so kindly provide me all information regarding this like fees structure,colleges in mumbai,duration etc.
What is meant by Revenue Loss
plz send me hsbs finance questions asked in the interview ans appitude also
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
Anyone whose sbi interview has been over , please share all the question asked by them
How to raise my credit score if I have 500 credit score?
HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI
How to increase our credit rating score quickly?
what is mixed invoice, prepaid invoice,quick invoice,podefault invoice,withholding tax invoice,please explain me in detail?
What type of questions in accouting point of respect they ask genrally plz help me find out this.
What is the relationship between, issued share capital, share premium and paid up capital?
differnce between the 4.7 & 6.0 versions?
