Answer Posted / renuka
W'll find all the payment and receipts which is called as
expenses and income in debit and credit side respectively.
depreciation of any assets , insurance claim,Discount
received etc and balance if it is in profit then known as
Net profit and if Net loss.
Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
Differentiate between Cost Accounting and Financial Accounting?
jam topic on nuclear family vs. joint family
What do you know about Jan Dhan Yojna Scheme?
Is the leader and manager same for any organization?
Highlight some facts of Union Budget 2016- 2017?
What is the difference between Direct and Indirect Taxes?Give examples?
What is inventory/stock turnover ratio?
Write Any Three Kinds of Company According to Ownership?
Who are venture capitalists?
What do you understand by Private banking?
Any idea of Kyoto Protocol Issue?
What do you mean by private equity transaction?
What is GNP? How it is calculated?
What are RTGS and NEFT?
What is the short cut to cancel a day book or list of vouchers in Tally ERP 9?