what is the diffrent between income statement and
balancesheet
Answer Posted / venu
INCOME STATEMENT SHOWS THE NET INCOME OR NET LOSS OF THE
BUSINESS, WHERE AS BALANCE SHEET SHOWS THE FINANCIAL
POSITION OF THE COMPANY.
| Is This Answer Correct ? | 24 Yes | 0 No |
Post New Answer View All Answers
what is article of association? what is memorandum of association?
discounted our own note 60-18% for 4,500 note. the proceeds will be directly credited to bank account. what is the entry of this?
Hello to every body ... Its not its not a interview question In accounting field can we make Money ?
Why you choose commerce faculty & not science or Why you are in commerce & not in science ?
who introduces the single entry format?
Which entry we pass self entry like cash withdraw for ourself
How to maintain Purchase Orders ? Please explain by proper format.
My balance sheet is tallied. But there is a difference of RO 1 in cash flow. How to adjust ?
What is the Accounts Payable & Accounts Receivable ?
fridge was capital or revenue?
Expand DPCO
1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?
Expand ----------GIDB
Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.
Expand-------ASRT