Answer Posted / muthumani
No. But If they sent back thru Sale invoice, it'll indirectly contributes to revenue.
But Once it netted off against purchases, then this gets nullified.
Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
cost accounting process
Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?
EXPAND___________IMA
What is miscellaneous expense and when it is used
what do Loan Loss Coverage Ratio mens describe it with examples?
EXPAND___________NAC
What is meant for GR form, which is used in export of goods without of payment of duty ? For what purpose we use it ? Should merchandise exporter use it ?
as per partership firm TDS receivable at the end of goes to partners current account, but at the multinational company how pass TDS entry pass, where is it is goes
Dear all, Could you suggest me that if got a job in a/cs in Big org but on payroll of Outsourcing company,What should to prefer the company payroll or job the ?
Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?
What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times
What are the general Ledgers?
Expand-------ANTS
i want to sit for the written examination held by govt. sector like coal india, ongc for the post of accountant .. qualification ca inter.. plz any1 of u let me know on wht subjects the questions are asked and wht types of questions are asked... plz let me know.. plz
WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?