how is the due date calculated.
invoice date + payment terms or
invoice received date + payment terms or
it depends upon the company
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Answer / satish
in some cases invoice date+payment terms or in some cases
it depends up on the company
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Answer / shashikala jm
It is purely as per the payment terms mentioned in the PO.
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Distinguish capital and Revenue receipts
Expand--------STSC
Expand ------FCC
what are accounting principles
A company maintains a margin of safety of 25% on its current sales and earns a profit of Rs. 30 lakhs per annum. If the company has a profit volume (P/V) ratio of 40%, its current sales amount to A. Rs. 200 lakhs; B. Rs. 300 lakhs; C. Rs. 325 lakhs; D. None of the above.
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Hi, I am preparing for Junior Accounts Officers test- APTRANSCO. Can any one suggest the model paper / Books available? Many Thanks in Advance Lakshmi
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