What is the below line item and above line item and where
this terminology is used?

Answer Posted / lxmi1972


Below Line Items are the items which below the Profit and
Loss Account.
Above Line items are the items which are above the Profit
an Loss Appropriation Account?

Is This Answer Correct ?    5 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured

2289


IF ONE SUB CONTRACTOR GIVE US BILL OF RS.120000 FOR APRIL,RS.110000 FOR MAY & RS.180000 FOR JUNE WITH LABOUR CHARGES INCLUDING VAT @12.5%.HOW MUCH AMOUNT SHOULD WE DEDUCTED AS A WCT TAX?

1709


What is the general entry for charge on bank overdraft

961


what is opening stock formula?

990


What is dd and a in oil and gas accounting?

672






What are the effects when intangibles and tangible assests decrease

1673


Interest received 5,000 and still receivable Rs. 2,000 PLease give journal entry for this!

1057


6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?

1560


What is tally accounting?

703


Entry Tax is Central Income or State Income. Which Challan this tax deposited ? In Sale Tax Return which column is shown this tax

1445


what are the limitations of accounting conventions

2045


wat is mass allocation and when it is used

1612


Key difference between indian accounting standards and international accounting standards is.

635


Were i have to enter for agreements in tally and in which ledger it will come

1223


Dear Sir, Tomorrow i am going for interview at TCS-Mumbai.Please let me know what kind of question are going to be asked.

1537