What are all the items come under P&L and Balance sheet?
Answer Posted / anand iyer
Gross profit or loss transfered from trading
account.management ,office,administrative expenses,selling
and distribution expenses,financial expenses,commision
received,discount earned,interst received,rent
received,these are included in p&L a/c .if profit is more
expenses is less is called net profit.if profit is less
expense is more is called net loss.net profit or net loss
transffered to balance sheet.Balance sheet it includes share
capital,sundry creditors,bills payble,debentures,loans
advance ,cash in hand,b.o.d,longterm loans.goodwill,building
,investment,palnt &machinery,vehicle,furniture
&fixtures,loose tools,copy rights,land &buildings,sundry
debtors,bills receivable,cash at bank,closing stock .
Is This Answer Correct ? | 17 Yes | 5 No |
Post New Answer View All Answers
What type of questions are asked for Interview of Manager Finance in Airport Authority of India ?
We did promotion activity for X co that co is our client ( S Dr) which we sold tickets through our vendor through out north india ... But those vendors adjusted cash with thir bill and remaining balance we received ,, Ticket amount we paid from our co Bank A/c to our client (S Dr) .the amount is too huge so how can i sort out this in books of acconts ..............
What is the analytical way of accounting?
fridge was capital or revenue?
What is the mening of uidnvhe.?
what is accounting in automobile
DESCIBE EXPORT PROCEDURE
The cost equation y= $0 + $1.60x represents which type of cost? Variable, Fixed, or Mixed
How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.
hi this is sharath,from hassan ,karnataka.,., i am caled for t interv on 28th may 2009, 12 noon, at foll location.,. STATE BANK OF MYSORE STAFF TRAINING CENTRE 104/105 7TH MAIN ROAD JAYALAKSHMIPURAM MYSORE-570012. anybody who is also attendin the same interview please reply me .,.,. i am in my final yr BE EnC,MCE hassan, i wold like to know more about the interview .,., please do reply.,.,. yours friendly, sharath kumar, sharath.syss@gmail.com
What is the accounting treatment for finance lease in lessee's viewpoint?
MMT and MID payment how post in tally
what is Contra Asset?
Expand--------TAO
wat is the fundamental analysys& technical analasys?and wat is the difference bewween fundamental analysys&technical analasys?