Answer Posted / abhivirthi tax and industrial
Cost price formula for manufacturing activities
Cost of Raw Materials + Inward Freight charges + Manufacturing expenses like consumables, electricity etc. + Labour charges = Cost price
Cost price formula for trading activities
Purchase value as per bill including taxes, duties and cess + inward freight charges + loading and unloading charges + other expenses if any = Cost price.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?
What does the word credit mean in terms of accounting?
What is the entry to be passed on receiving the tds certificate in the books of the deductee?
Explain miscellaneous expenditures & profit and loss account debit balance
What is the difference between a cash flow statement and an accural profit & loss account ? And why do simple organisations do not feel the need for a profit and loss type of statement ?
What is the difference between consigner and consignee?
what is "goodwill" reserve and surplus and reserve with example
Other accounting interview questions to expect when you interview for an accountancy job include:
How do you handle rejection?
Cash bill of sale so the company can deduct the amount.
ram paid to cheque rs 25000/- for comission what is the entry in tally can in this entry tds will deduct then what is the entry in tally and which voucher
can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power
All Interview related Questions pertaining to General Ledger,Finance & Accounts.
Tell me what is the general classification of accounts that usually ledger account involve?
Explain me what is tally accounting?