what is the difference between cash flow and profit and
loss account?
Answer Posted / shaik mohammed
Cash flow statement show only the cash items that an
organisation incurrs during the business periond and non
cash expenses like depriciation, bad debts, provision for
bad etc. dont have place in cash flow.
Where as profit and loss account considers both cash as wel
as non cash expenses.
Is This Answer Correct ? | 17 Yes | 8 No |
Post New Answer View All Answers
What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...
I have been interview in next week my posting is accounts officer i have be manage with AP,AR,BRS and GL what Books i have read.
Explain the word Liquidation
Why do you want to work for us?
What is revaluation of Accounts, how does it is accounted in business
At Present Situation in sensex market is low, It converts the whole human being life into the depth. When and how it will change? Is it possible?
What Is Depreciation, and from which date do we charge Depreciation for an asset ?
what is a Depository Participant?
What is the relationship between, issued share capital, share premium and paid up capital?
what about case study
Difference between cash and merchantile system?
You been asked to prepare a training class for completing expense statements. What points will you emphasize to insure accurate expense statements are submitted?
Expand--------SRTA
what is the meaning of input vat & out put vat?
what are the customization u have done in sap mm