How to treat sales man commission

answered on 24-Jan-22 12:13

How to treat sales man commission in profit and loss account

latest answer

Thanks bhayi ð?¤ 

Gaurav Suthar

CA Foundation

★ 155

6

319

Final accounts

answered on 30-Jan-22 19:36

Why my balance is not match

latest answer

The answer is given above

Jaswant Vyas

CA Foundation

★ 325

6

341

Net profit. Question no 47

answered on 24-Jan-22 11:55

What are the steps used to find the answer.

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25% profit on sales means 33.33% on COGS. which implies 20,000 is GP. Sales will be 80,000. So, net profit will be 10% of 80,000 i.e. 8,000

GOKUL KRISHNA A G

CA Inter

★ 0

1

245

About Drawer

answered on 22-Jan-22 15:24

Difference between drawer and drawer

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Thank you

P MITHRADEVI

CA Foundation

★ 640

5

316

Consignment

answered on 24-Jan-22 11:53

Can you find out the ans for 7th question with steps

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We encourage students to first solve on their own and share working. Can correct wherever required.

GOKUL KRISHNA A G

CA Inter

★ 0

1

298

Depreciation

answered on 21-Jan-22 22:50

Can you find out what the answer is?

latest answer

Depreciable AMount

GOKUL KRISHNA A G

CA Inter

★ 0

1

248

Consignment

answered on 22-Jan-22 11:32

Please answer this qustion

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Please share your working, we'll suggest if it needs any correction.

Gaurav Suthar

CA Foundation

★ 155

3

318

Illustration 2 chapter 2

answered on 04-Feb-22 17:04

Here bank amount worth Rs 5000 isn't included in balance sheet neither in both column of assumption of going concern or not a going concern and the balance sheet isn't likely to tally. No additional info is given regarding treatment of this account(bank) 1st 2 photos from lecture 3rd photo my practice book 4th photo from notes

latest answer

The closing balance as written in the solution is cash and bank balance. The opening balance of 5,000 is not relevant to prepare closing balance sheet. ALso the question does not have any other information for us to compute the closing balance.

Sugam SM

CA Foundation

★ 9K+

7

272

Foundation.. - Accounting terminology

answered on 21-Jan-22 10:59

I cant find video lectures for the 3rd unit in chapter 1 ACCOUNTING TERMINOLOGY. Can someone help

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Okay sir, thank you

Vivek R

CA Foundation

★ 0

2

280

ESOp

answered on 19-Jan-22 16:32

What is meaning of expected period ?? Plz explain this sum

latest answer

It is not relevant in the given question.

Kruthika Ramesh

CA Inter

★ 650

2

306