Answer Posted / chandu
net profit means:
(gross profit- expenses and depreciation of fixed
assets)=net profit. for example
particulars amount particulars amount
_____________________________________________________________
gross loss xxxx gross profit xxxx
salaries xxxx
rent xxxx
telephone charges xxxx
net profit xxxx
____ _____
xxxx xxxx
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
how will i develop my fears in interviewd?
If in a PO, the freight condition is mentioned as Air freight and the material is actually received by Road, how does the system check before making the necessary accounting entries?
Hello Everbody....this saturday i attended the interview of times job fair...were capgemini has called me for technical round ..I am bcom graduate with tally an SAP FICO....Can any body help me ... I wan to know what is this technical round...An what they may ask me ......if any body have question an answer kindly send to my id ..that is damudi123@yahoo.com....or contact me to my number ..+919900410314.Or any body have friends working in capgemini bangalore?Please i need urgent help...thnak you with regards adnan hasan
What is the rule on a school who will be handled by anither school? How do I calculate the royalty per year to the school who will supervise a new school
Short Answer on ______________House Rent allowance
if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?
I have scooter , and its insurance expired for the past 1 yrs and i need to renew it ? how to , explain?
what is dieerence between capital cpapital structure
paid two years rent N1200, bought Motor van for cash N3000
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
how Mis reports are used?n why it is used ? explain
A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .
what is Contra Asset?
what is the difference between financial accouning and financial management?
How do you handle lack of direction or working in chaos