If I purchase and sale of goods at same price then effect in
trading, P & L A/c
Answers were Sorted based on User's Feedback
Trading and profit loss Account depend on your Opening
Balance+ Purchase + Wages and Less Sale +Closing stock
But if other figure is 0.00 then there is no profit and no
loss position but the other figure is Available then the
situation will Different it’s not a complete Question or
complete position
Is This Answer Correct ? | 7 Yes | 0 No |
Answer / manoj s
In trading and profit and loss a/c you'll ve a loss...
Is This Answer Correct ? | 3 Yes | 6 No |
What is difference between Lorry Receipt and Docket Number
how many times we can deposit the old currency in one a/c in the bank
what will come under debit and credit side in trial balance please give me answer
15 Answers BMCC, Genpact, HF, UNSW,
who are bulls and bears investors
Explain the process of withhold tax invoice
I Want to Submit My Income tax return by efilling Personally,Can it possible. if yes please send me your help to submit the same.I Can calculate my computation of income.
What is BRS
What do you mean by Accountancy and Accounts?
If Pass book & Cash Books Balances are showing same so are you need to BRS ?
Pls let me know Job profile for Account Manager.
What request submit to convert Expenses Report to Invoice
a company recive 5 demand draft in different parties 2 DD sumittted to bank for collection and it's collected. what is the closing entry of other 3 DD in the company on that date?