4. What is the difference between gross profit and net
profit?
Answer Posted / amir
Gross Profit is showed Dr side in the trading A/c and it
shows that how much company gained during the period on the
sales and all the direct expenses will be included for
calculating G/P whereas Net profit is showed dr side in the
profit and loss A/c and balance of gross profit is showed
cr side in the profit and loss a/c whereas net profit is
showed liabilities side in the balance sheet and added in
the capital .
| Is This Answer Correct ? | 38 Yes | 10 No |
Post New Answer View All Answers
Expand---------MRDT
how to entry in tally for other person check received
i have need full detail of tds rules and forms submitted dovetails
where we have file E-returns in SAP FICO-CIN/Wtax?
what do you mean by financial analysis and technical analysis ?
Why are there 30 blue-chip companies only considered in bombay stock exchange.And why those thirty only effect the sensex
I want to know with example of vat & Salestax
what is mixed invoice, prepaid invoice,quick invoice,podefault invoice,withholding tax invoice,please explain me in detail?
Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572
Who is called consignor
what is debit/credit note ? what deffered income and expencess?
bank exam paper
fridge was capital or revenue?
Short Answer on __________Leverage
How will be prepare invoice in tally, please tell me step by step