Why we are crediting Gross profit or debiting a Gross loss in the profit and loss account?
Answer / ajit sharma
to equal the dr and cr and also know the status our firm . cr in p&l a/c is profit and dr means exp more than income.
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What the entry for Accumulated Deprecition??
5 Answers Genpact, GI Security,
sir i am working in construction company.we have more than one projects.i enter the attendance projectwise in payroll.if payroll autofill i want project wise salaries not overall
Following information is given to you: Year - Sales - Cost 2009 - 200000 - 205000 2010 - 300000 - 310000 Calculate: 1. P/V Ratio 2. BEP 3. The amount of profit or loss were sales are Rs. 325000 4. The amount of sales required to earn a profit of Rs. 5000 5. Margin of Safety for the year 2010
what is fund flow statement??
I would like to know about advance payments to creditor & advance received from debtors in Tally ERP 9. For example, what are the ledgers should I create & what are the steps ? And please inform me what vouchers should I use for advances, for example ( payments, receipts and journal). Thank you.
Tell us did you use accounting applications at your previous companies or prefer working manually?
if a proprieter farm purchase any software for account what is the general entry ?
definition of debenture ?
How to calculate excise duty?
can anyone help in service tax part if we give a service on credit basis (Credit invoice) how should we pay service tax on invoice basis or reciept basis
what is difference between budgeting and Forecasting
Where is Profit and Loss posted in a balance sheet?