Why do call p&la/cas a P&l a/c ?, why not P{or}L a/c
Answer Posted / shankar
Some times in some transanction gross loss or gross profit
may come all company transanctions but at the end of the
year only net profit or net loss comes.
| Is This Answer Correct ? | 0 Yes | 4 No |
Post New Answer View All Answers
Name the Accounting Concepts
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
What is back value adjustment/correction in Nostro Reconciliations?
why gross profit transfering to profit & loss account
What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...
What type of questions are asked for Interview of Manager Finance in Airport Authority of India ?
plz send me the accounting questions and answers of bank of america.
If in a PO, the freight condition is mentioned as Air freight and the material is actually received by Road, how does the system check before making the necessary accounting entries?
Can anyone mail journal entries for me? my Mail id rukmini@live.in
sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest
Short Answer on ______________Import Trade
what is finance what is bpo why do u want join a BPO types of process in BPO Company's
what do Loan Loss Coverage Ratio mens describe it with examples?
WHAT IS THE PROFILE OF FINANCE EXECUTIVE IN TEXTILE INDUSTRY
what is organic profit? and how it is calculated?