Why Accountants have to or must prepare INCOME STATMENT in
two stages Gross Profit And Net Profit
Answer Posted / dambar dev ojha
To know the operaing expenses and direct expenses.
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
audit under section and penalty under saction scurtiny under saction
GOODS LOST BY FIRE 100 RS, INSURANCE MONY RECEIVED 120,40 PENDING FOR FINAL SETTLEMENT- Journal Entry
What are the disadvantages of double entry system?
how to individual capital account.
is we can prepare any account for partnership in tally
What is balance sheet and off balance sheet?
Who is considered the father of accounting?
I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?
The claim recoverable has been settled with the insurance company for 2000.what is the actual stock lost value? Please give me in calculation.
What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?
Tell me by saying, perpetual or periodic inventory system; what do we mean?
what single discount is to2 successive discount of 10%& 15%
How to make privision in SAP. (Please revert on the possibility of making this happen at PO Stage)
Does anybody know anything about BirlaSoft? I got a job offer, they sent me a contract to sign and return, but thank God they didn't ask for any money! But, they said they would send me a check in the mail. And as my first "task" I would have to use that check to order a bunch of accounting software, and I would need to purchase this software ONLY from the vendors that THEY provide. Is this a scam to just get money? I'm wondering if they "own" the vendor they "work" with and launder money that way. I asked the person who was getting my information, as far as my name and address to send the check to, Why would I have to buy software to install in my home computer anyway? Couldn't they just send me a link for the software to download? I'm afraid of the check being fake. Because, if I deposit the check into my checking account and it turns out to be fake, then I'll owe the bank all that money! Hope to hear from someone soon. Thanks.
How to show Airticket Expense on Company's A/c as Company expense