When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?

0 Answers  

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what made you take up present subject/area of specialization and what would you define as your career objectives

0 Answers   RKSK,

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Hi all, I am having a interview tommorow at MG Road HR personal interview for IBM daksh. Can any one tell me most likely asking question with the answers. Thanks in advace.

2 Answers   IBM,

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real account means

9 Answers   Infosys,

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List out some of the accrued expenses and the accounts in which you would record them?

0 Answers  

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Discuss the consistency concept in accounting

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8. What is the difference between: a. Direct Costing Method and Absorption Method. b. Fixed Cost and Variable Cost.

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Can you differentiate accounting and auditing?

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what is groups and and ledgers in tally can you give why we need to prepare them

0 Answers   L&T,

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Please give me a suggession to calculate the T.D.S,E.S.I,P.F, From salary which is in gross Rs. 15000/.

0 Answers  

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what is an accured account ?

6 Answers   Genpact,

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Tell us what do you believe should be an important quality of an account executive?

0 Answers  

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