Answer Posted / safayat

Hi Im Safayat. Gross profit is calculated by subtracting the
cost of goods sold from net sales. (Net sales - Cost of
goods sold = Gross profit) And Net profit is calculated by:
{Gross profit - Operating expenses (General+Marketing)+ Non
operating income - Non operating expenses } = Net Profit.
Now u know the difference.

If income and expense both are equal then what it depicts

1891

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I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T

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is indian bank or canara bank CBS brach?

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interest paid comes under which head

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what is the difference between financial accouning and financial management?

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2223

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What are the rates of Depreciation? Like machinery items, wooden items?

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Short answer on _______Amendment

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EXPAND______________ICT

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What is share,Bond, sharecapital, Budgeting, BRS, CA, CL, WC, WACC, Depreciation, types of Depreciation, B/S, CF items and some transactions and Preference Share capital, Equity Share Capital , Debenture and practicle Questions to solve and tell there itself whether the co's good for investing etc..like opinion for problems to find out how good one is with basics.

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Expand-------ASRT

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What is cash clearing account

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Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry

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im preparing for the sbi clerical post please send me the solved questions.

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