What are two questions that an owner might be able to
answer by looking at accounting information?

Answer Posted / pravin

1)Profitability 2)Liability

Is This Answer Correct ?    7 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

differnce between the 4.7 & 6.0 versions?

1754


Whatis new GL & Odd G.L What is the difference between these two.

1766


why did rbi hiked repo and reverse ratio and how it will effect the market

1465


Dear All, Could any body send me the format of Delivery Challan? What is Even Transfer and Branch Transfer?Please let me know if any body knows? ekathirvel@gmail.com

2061


why are you selecting for the profitbulity analysis costing based& active based

1736






bill to addres? ship to addres? rimit to address?

4831


while doing work in dolphin software when credit note is given by supplier to purchaser then purchaser is debited supplier account so on credit side which account is coming which account should be credited

1724


While posting of FB50 entry therE showing errro msg " NOT ASSIGN COMPANY CODE OR CALCULATION PROCEDURE"

1633


What is outsider equity and time interest period ratio?

1541


Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them

2269


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?

1950


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

1747


Whether setting up of diary plants comes under CMA under Farm Sector or Non Farm Sector

1401


what is Calculation of Gross Profit Or Gross Loss?

1843


• What is depreciation and the method?

1680