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Answer Posted / rajesh
sales-gross profit=cost of goods sold
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what is the process of excise duty?
closing stock at the end is comprised of %a purchase price of $60000,10% discount and 15% import duty.The stock can be sold for $70000 after incurring costs of $1950.Included in the purchase price is abnormal wastage of $2000.Transportation costs are $1000 and storage costs are $500,what is the value of the closing stock?
i have interview in KVB on 12-12-08. so Please send me some questions asked in previous interviews contucted by KVB?
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