IN PROFIT AND LOSS ACCOUNT WE MAY EITHER GET PROFIT OR
LOSS.SO WHY IT IS PROFIT AND LOSS ACCOUNT INSTEAD OF PROFIT
OR LOSS ACCOUNT ?
Answer Posted / lakshmi
profit and loss account is correct It may either gross
profit and net profit or even net loss or viceversa
| Is This Answer Correct ? | 0 Yes | 2 No |
Post New Answer View All Answers
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.
What is the Memorandum voucher?
What is the use of final account?
what is circuit filter?
what is the difference between financial accouning and financial management?
a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting
What is the procedure to become charted accountant in India now. Please answer this is urgent
EXPAND___________NAA
what is the difference between Tally ERP and SAP FI ECC?
What is money measurement concept
im preparing for the sbi clerical post please send me the solved questions.
What is Budgeted capital ?
how there prepare bank interview
Distinguish value andPrice
Expand DPCO