what is profit & Loss Appropriation A/c. why it is prepered?
what are its benefit for a company.
- 3 Answers
- 6713 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / gitansh
profit & loss appropriation a/c is a account to find out
closing balance which is transferred to balance sheet under
the head of reserve & surplus.
| Is This Answer Correct ? | 10 Yes | 0 No |
Answer / abdullah amer
Profit and Loss Account is the Account prepared to find out
net profit or loss of the business during the period.
| Is This Answer Correct ? | 2 Yes | 3 No |
Answer / seema kadel
we can know our company going make profit or not. we also
knwo company'total purchse ans sales. we know real
condition about company. we also know nett loss or net
profit.
| Is This Answer Correct ? | 5 Yes | 8 No |
WHAT IS A CREDIT NOTE AND DEBIT NOTE IN RESPECT TO A TRADING COMPANY?
what are the supporting documents of purchase entry and sales entry?
What GP resew of balance sheet taking.
SALES BOOK IS A PART OF
what is consignment entry?
Do you know what is balance sheet?
What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?
What is the difference between a provisions and reserves?
How to pass accounting entry for a tender cost and under which head? and how to show joint venture in venture's accounting books?under which head?
What is the Journal Entry of Closing Stock (Raw Material) of a manufacturing Company
contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?
0 Answers Ankur Drugs Pharma, Infosys, RR Donnelley,
hai everone,can anyone send me the accounting ,finance,general interview questions for mba freshers plz.....urjent
Audit 
