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Which of the tax gives the maximum revenue in Union Budget?

excise duty


Does contribution margin equals revenue minus all variable costs?

Yes, Revenues minus variable costs gives you your contribution margin. Contribution margin minus fixed costs gives you net income.


Do you subtract both fixed and variable from revenue to get profit?

Yes, to calculate profit, you subtract both fixed and variable costs from revenue. Fixed costs are expenses that do not change with the level of production, while variable costs fluctuate with production volume. The formula can be summarized as: Profit = Revenue - (Fixed Costs + Variable Costs). This gives you the net profit or loss for a given period.


How can one negotiate an IRS offer in compromise form?

The Internal Revenue Manual Section 5.8 offers guidance on completing a compromise form for the collection of taxes. Additional the Internal Revenue Service (IRS) website gives a listing of costs and filing fees as well.


What Liability-revenue relationship exsts with an unearned revenue adjusting entry?

If I understand your question correctly, you would like to know the relationship between unearned revenue and liabilities? Unearned revenue is something given to you for nothing. For example, cash given to you in advance for 6 months of services. You now have a liability because you OWE someone a service. Just like when you borrow money from the bank, you OWE them the principal and interest at the date of maturity.This is what the journal entry would look like:Client gives you $6,000 for 6 months of servicesCash $6,000Unearned Revenue $6,000Once you complete the first month of service, you can then reduce Unearned RevenueUnearned Revenue $1000Revenue $1000Just remember, you dont record revenue until you EARN it.

Related Questions

Which state gives the maximum revenue to the central?

Maharashtra


Which of the tax gives the maximum revenue in Union Budget?

excise duty


What is a Club Penguin certificate?

If u mean the EPF certificate then that alows u to enter the command room If its the other type of certificate then it gives u a membership


What is a police informer?

The term is usually used to mean a person who is not a police officer that regularly gives information about crimes to the police.


Who gives the order to launch nuclear missiles on submarine?

The Commanding Officer, with concurrence from the Executive Officer.


Which direct tax gives maximum net revenue to the government?

income tax


What is the difference between the Form N-400 and N-600?

The N-400 gives you a Certificate of Naturalization withan Aand The N-600 gives you a Certificate of Citizenship with an AA. USCIS can take your Naturalization with an A but not your Citizenship with an AA


Which school has the personal training certificate?

This awesome site gives you a huge list of the schools that will provide you with the personal training certificate. http://www.naturalhealers.com/feat-personaltraining.shtml


Can you have a positive revenue but negative in expenses?

Yes. For example if a supplier gives you a refund or a cash incentive to shop with him/her.


Does the Texas state constitution gives local county governments a lot of flexibility when it comes to revenue and expenditures?

no


How do you get a certificate from the director of the Penguin secret agancey?

You must be part of the EPF. That gives you a message from the Director.


Where is officer jenny on Pokemon Yellow?

Officer Jenny is in Vermilion City. She gives you a Squirtle after you defeat Lt. Surge if you have the starter Pikachu in your team.