It means that 60% of sales and purchases are done on cash basis while 40% of purchases and sales are done on credit basis.
Purchase journal only records and deals in with purchases and don't deal with sales items.
Cost of sales = opening stock + purchases-closing stock Cost of sales = opening stock + purchases-closing stock
what is the sales tax on a purchase of $264.00
Direct cost of sales is that cost which directly identifiable with sales like purchases etc.
It means that 60% of sales and purchases are done on cash basis while 40% of purchases and sales are done on credit basis.
Yes purchase returns are deducted from purchases to calculate the net amount of purchases and that's why included in cost of sales.
Purchase journal only records and deals in with purchases and don't deal with sales items.
Cost of sales = opening stock + purchases-closing stock Cost of sales = opening stock + purchases-closing stock
what is the sales tax on a purchase of $264.00
There is no sales tax on real estate purchases.
Direct cost of sales is that cost which directly identifiable with sales like purchases etc.
credit sales
Yes. Generally people started spending less and delaying purchases. That affects retail sales and manufacturing.
Sales assistants work in a shop and help customers with their purchases. This could include guiding customers to merchandise, stocking shelves, and ringing up purchases. These are only a few of the sales assistant's potential duties.
Yes, Groupon may charge sales tax on purchases depending on the specific location and the type of product or service being purchased.
No