Interested to Buy Any Domain ? << Click Here >> for more details...
Diff between Income & Expenditure A/c AND P/L a/c.
- 2 Answers
- 6628 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sadhasri
Income and Expenditure account is prepared by Non Trading
Organisations.
Profit and Loss account is prepared by Trading
Organisations.
| Is This Answer Correct ? | 23 Yes | 1 No |
Answer / nibinpn
p&l account is maintained by trading and manufacturing
account
income and expenditure account is maintained by NPO s ie
non profit making organization (trust club etc.)
| Is This Answer Correct ? | 11 Yes | 0 No |
how will calculate gratuity.
what is service tax & excise? How will it be charged?
what is npa?
how to calculate vat,pf,esi,service tax in corporate firm
A and B are partners sharing profits and losses in the ratio of 3:2 having the capital of Rs. 80,000 and Rs. 50,000 respectively. They are entitled to 9% p.a. interest on capital before distributing the profits. During the year firm earned Rs. 7,800 after allowing interest on capital. Profits apportioned among A and B is (a) 4,680 and 3,120. (b) 4,800 and 3,000. (c) 5,000 and 2,800. (d) None of the above.
Explain me the basic accounting equation?
HP EMPLOYYES - If any one in HP company, Please give refernce for attend the Accounting Job in chennai,Bpo- chetpet.If any one Worked there Please,Send mail to me Umaiyo@gmail.com.I have 1 year exp in banking sector, & 8 months exp in accounting in SIEMENS, at present I'm searching for a job.If any person see this mail,Kindly send mail to me. Thank U Friend.
in how many days employees dues should be paid.
differ the revenue expenditure and capital expenditure
What is the difference between an Invoice and a Proforma Invoice?
Baddebts can charged to opening balance having credit balance?
what are the elements of the companay
Audit 
