Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / ayyalusamy
Trading account is prepared to arrive gross profit by (sales
+closing stock ) minus all direct / manufacturing / Trading
expenses.
where as P&L account gives net profit of the company, it
shows gross profit and other income in credit side and all
indirect expenses, loses and provisions in debit side.
In total Trading account shows cost of the product at which
goods lying at factory, where as P& L account shows cost of
the product on sales point.
| Is This Answer Correct ? | 7 Yes | 1 No |
Post New Answer View All Answers
What is the rate of basic excise duty and specific duty And I want to know that how can I see that vat rate in up ,excise duty and tds details Please tell me site plese
Expand-------ANC
sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method
what are micro-cap, small-cap, mid-cap, large-cap companies?
Dear All, myself B.k Singh graduate with B.Com and PGDBM - Finance, I was worked with Service Company for 6 yrs.Now past 2yrs working with Real Estate,moreover I want to some course short term, plz guide me.
Depreciation method to using Indian company names
What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.
What is dematerialisation and its benefits?
what is the difference between f.f.s and c.f.s?
Expand CCIT?
What Settlement details are required on the delivery instruction slip?
why funds management doc is generated during migo and miro
A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c
can i have practical examples of AS-30
How to dived the persons AOP, AJP, BODY OF INDIVIDUALS,HUF,COMPANY-NON RESIDENT, COMPANY RESIDENT LOCLA AUTHORITY,PARTNERSHIP FIRM(meaning)
