Answer / deepak choudhary

p&l a/c ..Dr
To net profit a/c
(for recordind net profit )

net losses a/c ..Dr
To p&l a/c
(for recording net losses)
after these entries that profit or loss as the case may be will be tranferred to either capital account or to p&l appropriation accounts...

in tally ,professional fees head will come under which income group ,direct or indirect if the business of owner is designing work or related to creativity

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How Many Accounting Principale

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what is the balance sheet? And also tell me about the finanacial statement?

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Explain what qualities and skills make an account manager successful?

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