Answer / triloksharma71

For a company, this is the total amount of money received
by the company for goods sold or services provided during a
certain time period. It also includes all net sales,
exchange of assets; interest and any other increase in
owner's equity and is calculated before any expenses are
subtracted. Net income can be calculated by subtracting
expenses from revenue. In terms of reporting revenue in a
company's financial statements, different companies
consider revenue to be received, or "recognized", different
ways. For example, revenue could be recognized when a deal
is signed, when the money is received, when the services
are provided, or at other times. There are rules specifying
when revenue should be recognized in different situations
for companies using different accounting methods, such as
cash basis and accrual basis.

Answer / satyaki_raju@yahoo.com

Revenue is the receipt of the business enterprise thru sale
of products and providing service

what is the MIS Reports

2 Answers  

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Since the interest rates on fixed deposits are very low as compared to the other growth oriented investment options, what are the permitted investment options that a public trust like that of a private school or small credit societies have and which are permitted by charity commissioner, Mumbai

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Journal entry for cheque issue but not yet realised.

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What is contract accounting?

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how margnial costing is used in manufacturing sectors, what is the method/steps for using marginal costing

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Expand---------RTSP

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what is participation right is it a debt? or not?

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Is there any difference between Expenses and Payments

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Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000

0 Answers  

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i am new to Tally ERP 9. i have a problem facing the negative stock balances for few items. now i want to know, how do i write-off/adjust in Tally and make them NULL/Zero as at 31/12/2011, so that they don;t appear as 'negative' as the opening bal. from 1/1/2012..i have used the physical stock entry screen for the differences stock items. but for those item whose balances is simply Negative appearing from previous years for may be several reasons, how to deal with those? thanks in advance for any help..

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Difference between operating profit and netprofit.

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What is the working formula for Working Capital

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