Answer / h.r. sreepada bhagi

It's the abstract of all incomes and expenses, prepared at
the end of an accounting period (month, qtr, 1/2yr. or
year)to arrive at the Profit earned or Loss incurred during
that period.

In the P&L A/c Incomes and Expenses are shown under broad
heads (Groups) and details are given in the Schedules
attached to it.

Answer / m bharath

Profit & Loss Account shows the Profit earned or Loss incured during the period.

plot registration charges will comes under what group in tally erp9?

1 Answers  

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Tell me why did you select accounting as your profession?

0 Answers  

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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?

0 Answers  

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what is a state cheque? how it differes from stale cheque?

0 Answers   Banking,

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what is meant by OGL ?

1 Answers  

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what is the different between nominal account and real account ? and then personal account ?

2 Answers  

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Let me know the liability positions of Partners

0 Answers  

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What is negative goodwill?

3 Answers   Wipro,

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Categorize the following journal entry in Real A/c, Nominal A/c and Personal A/c: Goods worth Rs.10,000/- destroyed by fire and the insurance company admitted the claim for Rs.8,000/- Insurance Claim A/c Dr. 8,000/- Loss By Fire A/c Dr. 2,000/- To Trading A/c 10,000/-

1 Answers  

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journal entry for goodwill and capital bought by a new partner?

0 Answers  

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Do you know what is a cpa?

0 Answers  

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tally interest entry journal entry income expance entry

1 Answers  

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