Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / b.balaramakrishna
The diference between gross profit and net profit is, the
gross profit is sales+closing stock-purchases+freight
outwards that is trading account. and whereas net profit
is, the diference of income and indirect exps - gross
profit.
| Is This Answer Correct ? | 8 Yes | 0 No |
Post New Answer View All Answers
What is the difference between cost accounting management accounting and financial accounting?
on 02/05/2013 issued a cheque to third eye ltd of Rs.14000/- in full and final settlement against the due on amount
What accounts are to be debited and credited in this case o
how to treat investment fluctuation fund in case of death of a partner
A non-function currency claim:- Employee while updating a non functional currency claim the system uses the period end rate i.e. any claim pertaining to the period 01Aug - 25th Aug. the system uses the period end rate as of July 31st. (2) Also, what is the basis of using the period end rate not the average rate for expenses claim. Can you please clarify my question.
What is the purpose of financial statements?
What is the diffrent job&project accounting?
how to pass journal entries for reverse tax on input tax paid
how to finalised the Balance sheet & profit & loss A/C
what is the meaning of written-off as goodwill written-off
how to solve cashbook question
is WCT aplicable on educational institutions also??????
Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.
6. Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?
Do you know any other accounting application?
