Answer / harish

The net profit / loss arrived in the P&L a/c is posted in
Balance Sheet which gives us the real worth of the company.
This acts a link between p&l a/c ans b/s.

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Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry

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fill in the Blanks One Example of external users of accounting information_____

3 Answers  

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Difference Between Tax Invoice and reatail Invoice ?

3 Answers  

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what is undisclosed profit? explain

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what is a marchant banking

2 Answers  

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Raman site engineer joined on 1-1-2009 in the company with an agreed salary of Rs 20000/-. On the joining date he was given advance of Rs 50000/-agreeing for adeduction of Rs 7500/- for month from salary. Pass salary entry till March,and let me know the advance balance as on 1st April

3 Answers  

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what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?

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Hi friends can you send me the Accounting Interview questions with a interview experienced questions please

0 Answers  

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Is there any classification of direct and indirect expenses in peach tree? then why?

1 Answers  

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What is credit card? How useful to people?

1 Answers   Simplex,

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what do you mean by working capital?

13 Answers   Capital IQ,

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