Answer Posted / umamaheshwara rao
opening stock + purchase - sales = closing stock
| Is This Answer Correct ? | 8 Yes | 20 No |
Post New Answer View All Answers
what is opening stock formula?
how many invoice types are there in accounting and what is the satutary obligations for each invoices and waht are the basic differences in those invoices.
Do you know what is liabilities and what all does include in current liabilities?
What is fiduciary accounting?
Tell me do you think accounting standards are mandatory and why?
What does the standard journal entry includes?
What is the TDS rate in Maharastra, Tamil Nadu, Karnakata,Odisha & West Bengal. What is about Profession Tax.
say something about your school
What is fractional code and how can i get a fractional code for a particular account?
Mention whether the account "cash" will be credited or debited when a company pays a bill?
what is general accounting
Tell us how can you define departmental accounting?
How to post advance paid to a supplier in oracle jd edwards
how to pass entry in tally for Interest received on sweep credited to saving a/c? In what group it should be come
A and V enter into a joint venture to sell a consignment of biscuits sharing profits and losses equally. A provides biscuits from stock Rs 10000. He pays expenses amounting to Rs 1000. V incurs further expenses on carriage Rs 1000. He receives cash for sales Rs 15000. He also takes over goods to the value of Rs 2000. The profit on joint venture is 7 (a) Rs.3000 (b) Rs.5000 (c) Rs.6000 (d) Rs.3500