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 Categories >> Accounting >> Accounting AllOther

Question how to prepare Profit and los accounts ?
Question Asked In Companies :: Study Overseas, College School Exams Tests, MLA,     < I also faced this Question! >
Question Submitted By :: darshna

from the Trial Balance we can prepare profit & Loss A/c

 Is This Answer Correct ? 71 Yes 33 No

sarmilla

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How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct? 688
Up to what time we can show TDS Receivables under Advance Income Tax A/c? 362
Is commodities transaction tax a permissible business expenditure? Explain 347
why should we are preparing BRS 400
Country-Western songs emphasize three basic themes: love, prison and trucks. A survey or the local Country-Western radio station produced the following data: 12 songs about a truck driver who is in love while in prison 2 about people in prison who are not in love and do not drive trucks 8 about people who are out of prison, are not in love, and do not drive a truck 13 about a prisoner in love 28 about a person in love 18 about a truck driver in love 16 about truck drivers who are not in prison 3 about a truck driver in prison who is not in love Find the number of songs about: a) How many songs were surveyed? b) truck drivers? c) prisoners? d) truck drivers in prison? e) people not in prison? f) people not in love? 441
what is the meaning of (PDD’s, DOD’s, CFR’s,) based on understanding of the business process 464
if average inventories is 12000. closing stock is 3000 more than opening stock. then what's is the closing stock? 6
Define Bill of Exchange 424
explain sales/purchase accounting? 585
difference between vat 47 & vat 49 1167
i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not.... 281
What is Mean By FRS for HQ reporting, How To Prepare? 402
wat is the fundamental analysys& technical analasys?and wat is the difference bewween fundamental analysys&technical analasys? 286
Q A project cost Rs.6,00,000. It yields annually a profit of Rs.80,000. After depreciation of 12.5% p.a.but before tax of 50%.Calculate payback priod. 439