what is profit & Loss Appropriation A/c. why it is prepered?
what are its benefit for a company.
- 3 Answers
- 6723 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / gitansh
profit & loss appropriation a/c is a account to find out
closing balance which is transferred to balance sheet under
the head of reserve & surplus.
| Is This Answer Correct ? | 10 Yes | 0 No |
Answer / abdullah amer
Profit and Loss Account is the Account prepared to find out
net profit or loss of the business during the period.
| Is This Answer Correct ? | 2 Yes | 3 No |
Answer / seema kadel
we can know our company going make profit or not. we also
knwo company'total purchse ans sales. we know real
condition about company. we also know nett loss or net
profit.
| Is This Answer Correct ? | 5 Yes | 8 No |
What is the logic behind this entry P & L Appropriation A/c ..........Dr. To Provision for income tax A/c
what is the difference between profit center area and business are.? please make me clear.
We have an boat manufacturing company .we customer order one boat the cost is 1130 .we have received advance 500 balance he will give after giving boat can you give me journal entry cash A/c Dr 500 customer A/c Dr 630 To Sales 1130 is this entry is correct ?if not please give me exact entry
can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power
What qualification do you need to become an accounting professional?
companys act
Definition of accounts payable
3 Answers Genpact, Infosys, MNC, TATA,
how to maintain the books of accounts in the organization
what is insurance? And Type of insurance?
3- Does petty cash book link to cash book, explain?
what is use of cost category ? which type is useful in accounting work ? give answer with solid example because iam slow learner in accounting line.
what is good will and what are the different types of good will
Audit 
