where do you consider salary in an income statement?
whether it is to be taken before gross profit or after net
profit? answer with reasons.

Answer Posted / girija

The salary income should appear after the gross profit
only. The expenses before GP are only the manufacturing
cost or cost related to sales.

Is This Answer Correct ?    7 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is dematerialisation and its benefits?

2543


what is Journal Entries?

1656


what is Accounting Standers?

1704


Expand-------SCAN

1625


What is the Memorandum voucher?

9959






Expand---------MNOP

1592


let me know the minimum Accounting Heads in an accounting system

4232


Hello... i am looking jobs in investment banking, derivates and BRS and i apply nakuri,Timesjobs and monster. But i did not get the job. so if websites and ID. Please help me.. Thanking u...

1740


HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)

2999


Expand-------ATBN

1707


Short Answer on __________Measurement

1593


What is Acquisition?

2042


why you would like to work for the our(AIRLINE) Group ???

1652


Expand BFSI

1661


what do you meant auction? what is F & o segment?

1831