what is net turnover and how to calculate?

Answer Posted / lipsa pati

The total amount of business done by any business
concern.For a manufacturing firm it is the total units of
product sold, for a construction firm it is the total paid
up works,for service industry the revenue collected by
rendering services.

Is This Answer Correct ?    4 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

duties of bank finance manager

1878


AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??

1823


What was the most chlleging task you face while working in SAP FI/MM and how did you solve?

1577


When is the profession tax applicable? Is there a liability on the employer to pay PT? What is the amt of PT in case salary exceed Rs. 10,000/- pm

1793


Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?

1345






Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry

1862


What is combination?

1736


EXPAND______________IARCS

1599


types of inventory

1848


what do you mean by accounting?Explain the various concepts of accounting and the need for having accounting standards?

1790


explain about mergers & aquisitions? asked on 30/7/09

1829


We are a education institute based in chennai.if i purchase a product in chennai and i transfer it to our branch which is in bangalore. we don't have tin nos,Sales tax nos, cst nos. We have only service tax nos. what is the procedure.

1483


please tell me questions asked in NICMAR for the post of accounts executive

3630


please send me last 3 years question & solution

1668


while passing a journal entry we rite dr. for the a/c to be debited but why don't we write cr. for the a/c which is credited and instead write 'TO'??

1635