Spiritual Education (1) Economics Education (2) Install Education (2) Education Law (3) Mathematics

When an item is sold on installments if the sale does not simply | that ordinary accounting rules need not be applied to record sales | So whenever we will get the cash sale will be considered | that's at the details Amadan So we are letting down the steps of | 1. A year earlier installments of the total sales of the extracted | Installment sales of 2011 $ 1,200,000 2. The cost of sales also came to remove him $ 840,000 3. An expenditure gap of two Pointon extracted, the total profit y300 | Deferred Gross profit 1,200,000 - 840,000 = $ 360,000 y300 4. rate above the overall benefits derived based on the total profit | 360,000 / 1,200,000 X 100 = 30% 5. a year in which the cash installment y300 sales received her note | $ 300,000 y300 6. a total benefit rate this cash to multiply, that we its income statement showing Revenue from Installment Sales for Income Statement $ 300,000 X 30% = $ 90,000 Read it in English at here.
Spiritual Education (1) Economics Education (2) Install Education (2) Education Law (3) Mathematics Education (3) Tally Education (27) Accounting Education (43) Science Education (4) Finance Education (4), Vinod Kumar (1) Teaching Education (9) Health Education (1)
2014 (1) January (1) 2013 (18) November (1) July (2) May (3) February (7) January (5) 2012 (17) December (1) October (2) September (2) August (9) July (2) the equity method of accounting method of sales of goods in installments February (1) 2010 (1) January (1) 2009 (31 ) December (2) November (2) September (2) August (1) June (1) May (4) March (2) February (10) January (7) 2008 (25 ) December (6) November (3) August (1) July (5) June (10)