Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


18) Difference between Income & Expenditure and Profit and
Loss Account?

Answer Posted / baddam.venugopalreddy

Income & Expenditure prepare non-profit organisations such
as schools and colleges trusts and where as Profit and
Loss Account prepare all other organisations ....

Is This Answer Correct ?    62 Yes 14 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How to increase our credit rating score quickly?

1950


what is corporate accounting?

2156


Placed an order with Mani for supply of goods worth Rs.5000/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

2055


EXPAND___________IMF

2272


in accounts welding institute which category will come for example 1. recruitment con.pvt ltd. is man power recruit category ,so iwant to welding institute (learning welding and fibrication)

2113


i am a mba fresher and i'm learning oracle finance.please give me ur valueble suggetions about my career in oracle finance? what r the requirements 2 get a good job in time?

2266


it is better to invest in which securities short term/long term or both? please reason4 the same

2068


helo sir, i want to know the writen exam pattern for finance and accounts ang general apptitude test of ongc.

2300


How i pass the share holders capital entry in Tally? How to set this option in Tally?

4078


What is revaluation of assets.when it occurs

2369


Short answer on____________Assessment Year

1880


Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000

1799


reason for difference in Balance sheet (Asset side & Liabilites side)

2071


Expand-------MUR

2145


Short Answer on ________Adjusting Entries

2218