Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference betwen p & l a\c and income &
expenditure statement
- 8 Answers
- 19105 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / mainak das
the main diffarence between p/l a/c and income and
expenditure a/c is that p/l a/c prepare only for the
profitable concern like company and income expenditure a/c
prepare only for the non profit seeking concern like
charitable institution, club, hospital.
| Is This Answer Correct ? | 13 Yes | 5 No |
Post New Answer View All Answers
What Is Investment Management System?
Distinguish between private banks and nationalized banks.
Explain the importance of capitalization?
Why did Banks get nationalised?
What is a leveraged buyout?
What is 'universal banking'?
What are the major products of the banking industry?
What Should I Do If A Creditor Demands Payment Of A Debt After I File My Case?
Define Naked Debentures?
What do you understand by the gdp of the country?
What is the formula to calculate enterprise value?
When was NABARD established?
What Is Capital Gain? Explain Long Term Capital Gains And How Is It Different From Short Term Capital Gains?
What do you mean by refinance?
What is the meaning of the term ‘cost of debt’?
