Class VIII Question

by Yash bhardwaj
(Delhi)

Rohit brought a tape-recorder for rs.1500 and sold it for rs.1800. Calculate his profit or loss percent

Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Bookkeeping Questions and Answers.

Classify Each Items in The Table Below As Either Income, Expense, Fixed Asset, Current Asset, Long Term Liability, Current Liability, or Owners Equity

by Ellen
(RSA)

accounting feeds
advertising
bank charges
bank overdraft
call deposit account
capital
cash float
creditors
debtors
drawings
insurance
interest paid
interest received
land and buildings
mortage bond
motor vehicle
office equipment
petrol and oil
property rate and taxes
repairs and maintenance
salaries and wages
services rendered
stationery and printing
stationery stock

Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Bookkeeping Questions and Answers.

Classifying Vendor Discounts

by Teresa
(Littleton, CO USA)

We are in a debate over classifying vendor discounts as income or a reduction of COGS. What are the pros/cons of each?

Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Bookkeeping Questions and Answers.

Classification of Health Club Memberships

What do you classify health club membership fees for employees as on the books of a business?

Click here to read or post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Bookkeeping Questions and Answers.


Please subscribe to my monthly newsletter, Bookkeeping Basics E-zine. It tells you each month about the new information that I have added, including some great tips and advice from myself and other Bookkeeping Basics readers.


Enter Your E-mail Address
Enter Your First Name (optional)
Then

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you Bookkeeping Basics E-Zine.


Like Bookkeeping-Basics.net?