accounting questions?
accounting questions?
10 pts to whoever can answer these
assets=
profit=
equity=
net sales=
gross profit=
Gst exclusive price+GST=
profit+net sales
Answers:
Chosen Answer
Lauren: Assets= Liabilities+Stockholders' Equity Profit= Income-expenses Equity= assets-liabilities Net sales= Sales-returns and allowances Gross Profit= Net sales-cost of goods sold GST exclusive - use this link. I'm not familiar with this.... http://en.wikipedia.org/wiki/Goods_and_Services_Tax_(New_Zealand) Good luck! I hope this is helpful!
2008-04-07 06:18:06
Lauren: Assets= Liabilities+Stockholders' Equity Profit= Income-expenses Equity= assets-liabilities Net sales= Sales-returns and allowances Gross Profit= Net sales-cost of goods sold GST exclusive - use this link. I'm not familiar with this.... http://en.wikipedia.org/wiki/Goods_and_Services_Tax_(New_Zealand) Good luck! I hope this is helpful!
2008-04-07 06:18:06