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E-1,E-2 form received against which sale?
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Answer / pravin kadam
e1 SALE IS AGAINST FIRST SALE IN SALE IN TRANSIT
& E2 SALE IS AGAISNT SECOND SALE IN SALE IN TRANST
| Is This Answer Correct ? | 14 Yes | 3 No |
Answer / tarun sharma
e-1 FORM RECIEVED AGAISNST E-1 SALE IT MEANS SALE IN
TRANSIT ONE STATE TO ANOTHER STATE
E-2 AGAINST II STAGE SALE IN TRANSIT
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / sreenivas
As given by Mr pravin Kadam
E1 is given against 1st sale
E2 is given against 2nd sale
| Is This Answer Correct ? | 4 Yes | 6 No |
what is Contra Entry?
Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.
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