Interested to Buy Any Domain ? << Click Here >> for more details...
Calculation of Gross Profit Or Gross Loss give example?
- 2 Answers
- 8224 Views
- EDS, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / bikas
Prepare Trading Account to Know the Gross Profit or Gross
Loss
Dr._____________________________________________________ Cr.
To Opening Stock --- By Sales ----
To Purchase ----
Less: Return ---- --- By Closing Stock ----
To All manufacturing
Exp.:
Carriage inward
Factory exp.
lighting
Fuel
Labour
etc. By Gross Prifit ----
____________ ________
_________ _______
| Is This Answer Correct ? | 8 Yes | 3 No |
Answer / swetha singh
Gross Profit or Gross Loss can be determined by preparing a
trading & Profit & Loss a/c
Excess of credit over debit, the difference amount gives
you gross profit.
Excess of debit over credit, the difference amount gives
you gross loss.
| Is This Answer Correct ? | 4 Yes | 1 No |
what are voucher entries for EPF treatment in tally
X is multiplied with 10 or divide with 10 then he will get 100. then x=?. (Praveen MBA)
kindly send the TDS tariff on Security expenses, rents, transport charges etc.,
I have interview in Accenture,already anyone attend the interview, kindly gave some information about accounts interview & also about the company.
What software applications have your used for accounts receivable?
differ the revenue expenditure and capital expenditure
what is the purpose of preparing profit and loss appropriation account in the partnership firm?
What is the meaning of summarizing?
What steps would you take to locate the errors in case trial balance disagrees?
Define push down accounting?
Tell us what is a cpa?
how much the minimum basic salary to calculate p.f.
Audit 
