Answer Posted / ramesh_ca1707
It means that any profit which can be arise after meeting
all operation obligations,that profit can be distributed to
the shareholders.
This account will shows how the profit will be allocate or
apportioned to the different obligations
1.profit distributed to the shareholders (equity and
preference)
2.Transfer to the General Reserve.
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
I KNOW THAT INSURANCE CHARGES ON PURCHASE OF VEHILE (LIGHT/HEAVY VEHICLES)HAS BEEN CAPITALISED OR NOT.?
Why you want to leave your present job while they offer you with good offer?
What do you mean by Green-shoe option?
What is the due date for filing monthly & annual sales tax returns in karanataka
What type of questions are asked for Interview of Manager Finance in Airport Authority of India ?
fill in the Blanks Share Holders in Company have _____________Liability
why specifically inited states ?
What Settlement details are required on the delivery instruction slip?
differed tax liability
what is the use of accounting standards
capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)
hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in
how enter service bill in the tally and what is the process of service bill. aganst service charge @ 10.3%, sercharge 2% cess 1%
What is Budgeted capital ?
What is the New GL concept? how do you configure new GL a/c?
