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How Advances to suppliers for purchase of raw materials is to be considered while calculating Drawing Power
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What is accounting transaction?
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A new firm commenced business on 1st January, 2006 and purchased goods costing Rs. 90,000 during the year. A sum of Rs. 6,000 was spent on freight inwards. At the end of the year the cost of goods still unsold was Rs. 12,000. Sales during the year Rs. 1,20,000. What is the gross profit earned by the firm? (a) Rs. 36,000 (b) Rs. 30,000 (c) Rs. 42,000 (d) Rs. 38,000
can an accountant handle all the accounting transaction without any type of help from any person?
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tion betweeninradius and circumradius of an equilateral triangle?
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Tell me an example of a tough decision that you had to make?
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