can anybody provide list of balance Sheet & P & L Account?
Answers were Sorted based on User's Feedback
Answer / rajesh
Balance Sheet-Liability Side
1) Capital A/c
2) Loans & liability
3) current liabilites
Balance Sheet-Asset Side
1) Fixed Asset
2) Current Asset
P& L A/c - Debit side
1) Purchase
2) Direct Expenses
3) Indirect Expenses
P & L A/c-Credit Side
1) Sales
2) Direct income
3) Indirect Income
| Is This Answer Correct ? | 16 Yes | 3 No |
Answer / krksarma
no those who are have the income range above the
Rs.150000. or 10 lakhs above turnover those assesse are
submit their balance sheet and profit and loss account and
balance sheet.
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / indrani
Balance Sheet
Liabilities
Capital
Capital Liabilities
Assets
Fixed Assets
Investment
Working Capital
Misc. Expenses(Assets)
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / lalit
BALANCE SHEET
LIBILITY ASSET
CAPITAL CURRENT ASSET
RESERVE & SURPLUS FIXED ASSET
LOANS LIBILITY INVESTMENT
CURENT LIBILITY MISC EXP(ASSET)
PROFIT LOSS A/C.
1.OPENING STOCK
2.PURCHASE A/C
3.DIRECT EXP
4.CLOSING STOCK
5.SALES A/C.
6.OTHER INCOME
7. GROSS PROFIT= {(1+2+3)-(4+5+6)}
8. NET PROFIT = (7 - DUTIES & TAXES -DEPRICIATION)
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / laxman singh
Liabilities :-
Net Profits
(-) Drawings
Capital
outstandings
Loans
Bills recivable
Assets :-
Fixed assets
(-)depriciation
Current assets
Bills payable
Closing stock
Cash & bank
| Is This Answer Correct ? | 2 Yes | 3 No |
how i can grab more information about income tax?
In our bodyshop wct tax is 13.05% on the whole Labour charges( including opening fitting ,repairing ,painting. Is this justified?
interest paid to bank rs.15000 in conection with statutory income tax proceedings.
is the company liable to deduct and pay professional tax for directors?
What are allowable and dis-allowable expenditure?
how to compute service tax?
How to file the sales tax returns. I am new to this feild. pls help me.
Which book is best for fringe benefit tax ( FBT )
When a company sold the material to is customer which is at another state under Form-C his bill was pertaining to first quarter but the customer received in second quarter. The customer will issue Form-C as per Invoice date or Material Received date.
WHAT IS VAT ON SALE OF GOLD IN RAJASTHAN
What is ITC and on which goods we can claim it?
what is perquisite? what do you mean by gratuity?