Interested to Buy Any Domain ? << Click Here >> for more details...
IS CASH DISCOUNT/RECIVED IS OPERATING EXPENSE/INCOME?
- 2 Answers
- 23263 Views
- I also Faced
- E-Mail Answers
Answer Posted / gautam kothari
Cash discount paid is an operating expense.
| Is This Answer Correct ? | 7 Yes | 12 No |
Post New Answer View All Answers
How is scrap value calculated?
What is the revenue recognition principle?
Explain fictitious assets?
pass journal entry for Prepaid insurance
Can CPF share given by govt. added in the Financial gross salary while calculating Total gross salary at the end of Financial year.For eg: My gross salary is Rs.X during a Fin. year & govt share of CPF is Y then Total Fin. Year gross salary is =X+Y,is it correct?
What are the advantages of double entry system?
what is the treatment for employee contribution and employer contribution in in pf in accounts under which head??
Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year What will be JV for this year and next year?- Thank you
how do made in finalization
I select in Vendor Master - in defualt data material - Purchasing Group as a Subcontractor but how to get report or list only Subcontractor Vendor Master in sap?
My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.
What is the abbreviation for the accounting terms debit and credit?
1)What is E-1 Sales (Sales in Transit) Full Guidence From Issue to receipient. 2) What is F Form How Are procedure
CAN C FORM AND F FORM BE ISSUED FOR SAME JOB WORK CONTRACT CONSIGNMENT
{in tally}in inventory info what is (stock group, stock categori, stock item,reorder levels) why we has to prepare them?
