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Short Answer on _____________Revenue Budget
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Answered but misspelled pl correct PROFIT AND LOSS ACCOUNT HELPS US TO KNOW (ANS.EENTRSULT)
Queries for Big4 Articleship : Stipend and tenure of articleship period. Any leave period for preparation for exams.
what is journal entry for Bad debts recovered
what is transaction?
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How the sub ledgers(AP, AR) integrate with GL liability and receivable
what is the entry for rent paid to company, provision for taxes in your books?,
when one person does a BPO accounts than how it is differ from normal accounts
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
How shall I calculate the true profit of my business, as I am a layman for accounting.