Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Where is Profit and Loss posted in a balance sheet?

Answer Posted / sadiq

If there is net profit then it is added back to the capital on
liability side and if loss it will be deducted.

Is This Answer Correct ?    74 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell me do you possess any knowledge about accounting standards?

1121


What are the most important goals of accounts receivable?

1072


When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.

2085


As you know executive accounting?

1021


what is difference among credit, loan, advance

1882


Explain have you ever prepared mis reports and what are these?

1028


How to calculate ESI Please define what include in basic salary and what should be excluded from basic salary

1686


Define bills receivable?

1282


What is invoice processing can u explain it?

2948


if at the end of the year cash book is showing debit balance whether it is meant that cash is not deposited after deducting expenses in bank and it is in hand and we should deposit in next year

1932


What is a cpa?

1206


Explain financial accounting.

1190


If assume we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now and how it possible? What about vat like tax setups in ap and ar? What about the sweep command in ap?

1117


how sales invoices adjusted against advance received from Debtor?

1907


Can it be possible to transfer FCRA funds to an ngo who don't have FCRA registration no.

2573