Any two difference of Trading and Profit and loss A/c
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Answer / saikiran( kevin)
Trading A/c consits of all Factory expenses and Revenues
and the profit derieved is called Gross profit or loss.
P&l A/c consits of all operating expenses and Revenues and
the profit or loss derieved is called Net profit or net
loss.......................hav fun.
| Is This Answer Correct ? | 30 Yes | 8 No |
Answer / vpnarasimhan@gmail.com
All Direct Expenses + Purchases are Trading a/c whereas the
rest of the a/cs viz., Indirect ^ Administrative Expenses
are P & L a/c
| Is This Answer Correct ? | 13 Yes | 3 No |
Answer / ravinder.sunkara
trading account consist of purchases ,direct expenses,sales, and gross profit or gross loss
but profit and loss account consist of indirect expenses and incomes
| Is This Answer Correct ? | 10 Yes | 3 No |
Answer / ahsan
trading account consists of all direct incomes and direet expenses
and in profit and loss account all indirect incomes and indirect expenses are recorded
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / asmar
In trading we Calculate Gross Profit nd Deal with All
direct Expences that rae directly related with our factory
and ptoduction department>>
In P & L account, we Calculate Net Profit nd Deal with All
Indirect Expences that are related with our Admin & Selling
Departments...
| Is This Answer Correct ? | 4 Yes | 3 No |
Answer / roopa
trading account consists only the direct expenses. and P &
L account consists only the indirect expenes.
| Is This Answer Correct ? | 3 Yes | 4 No |
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Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000
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