What is the difference between income and income statement???
Answers were Sorted based on User's Feedback
Answer / srinivas v
income is a gain occuring over a period of time by an entity and which is expressed in terms of money.
income statement is also known as profit and losss statement which shows all income and expenditures occured during the financial year.
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / suman
income is a gain occuring over a period of time by an entity
and which is expressed in terms of money.
income statement is also known as profit and losss statement
which shows all income and expenditures occured during the
financial year.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / varun
Income is the to generate selling of goods income but income statement is the our company financial performance depends upon
| Is This Answer Correct ? | 0 Yes | 0 No |
what do you mean by tds
I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?
if we import purchase of $ 20000 /rs. 80. but when we payment the party the price of Rs. 50. then how we make entry of this type of purchase.
audit under section and penalty under saction scurtiny under saction
What qualifications have you achieved?
if we import the good from usa rs 50000 and deposite in ware house what is the entry in tally
difference between Reserve capital and capital reserve
when receieve cheque from a party and we deposite cheque in bank how do this entry
Balance Sheet comes under which account? a)personal a/c, b) real a/c, c) nominal a/c
wate is the TDS
Do is it proper fo an engineer to head a bank without a good backgroud in accounting? ?
I cleared IBPS exam Basically I belongs to A.P. but I applied for karnataka will they accept me?
2 Answers Banking, Oriental Bank Of Commerce,