what is closing stock & gross profit?
purchase is 1387508 rs & sale is1311980rs
Answer / mahaveer sharma
Unsold stock which is in our business at the end of financial year is called closing stock.
Is This Answer Correct ? | 0 Yes | 0 No |
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
is India apply IFRS now?
what is cost audit?
Respective sir I'm bcom 1st sem student. I have very interest in banking sector. I finished my pu with 88% how I can prepare for banking exam (especially po)yet I have no any practice but I hope if I get good guidance I can pass my banking exam so kindly inform me how I can prepare for po exams. My email address is- 98anjuma@gmail.com. I'm really counting second when I will get ans by u. Thank you sir
Short Answer on ___________Ledger
any other advice to prepare b.r.s easly
In telephronic round i would like to know what questions will be asked to a person and how we should answer it?
what is credit balance of bank define briefly???
what is mean by credit purchase?
what is the diferenece between cost accounting & financial accounting, with example?
How many Accounting have been issued by ICAI
Expand ________DIPP