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installment sales question

 
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installment sales question
Information Consultant
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#2
09-19-2010, 05:23 AM
Instalment sales 270000
Cost of Instalment 162000
Defered Gross Profit 108000

Percentage 108000/270000=40 %

Cash Collection 90000
Realized Gross Profit 90000*40/100 -36000

Less Expense 50000
Net loss (14000)
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Messages In This Thread
installment sales question - by blue sun - 09-18-2010, 02:37 AM
[No subject] - by Information Consultant - 09-19-2010, 05:23 AM
[No subject] - by blue sun - 09-19-2010, 12:50 PM
[No subject] - by blue sun - 09-29-2010, 01:40 AM
[No subject] - by wmahmooood - 10-27-2010, 12:01 PM

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