Interested to Buy Any Domain ? << Click Here >> for more details...
what is thr differences between sales & sales invoice ?
- 7 Answers
- 10108 Views
- I also Faced
- E-Mail Answers
Answer Posted / naresh rustagi
Sales means Selling of Goods and Sales invoice is a
documentary proof in which shows the detail of basic
price/excise duty sale tax /freight etc to make it complete
document for accounting.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
Mention why some asset accounts have a credit balance?
iam working with tally ERP.9,but iam dont prepared reconciliation,trial balance,profit&loss,balance sheet etc.bcoz all these activicties done in head office.plz give me citeria where iam prepared.
What is meant by turnover?
BRIEF IN DETAIL REGARDING RATIOS
What is Bank Reconciliation Statement? How to calliculate in tally erp9.0?
The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.
In which account does the unpresented cheque will get recorded?
How P/E ratio usefull to the different people?
What is trial balance? What does an accurate trial balance suggest?
What elements of your job do you find most difficult?
Is it possible contra entry in SAP FICO
What information is included in a bill for services?
What is accounting normalization?
What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.
Explain what is liabilities and what all does include in current liabilities?
