Answer Posted / dayakar

Where the business deals with selling and purchasing of
goods,trading account is prepared,it is prepared to know the
gross profit or loss.the components are (opening
stock,purchases,direct materials,wages,carriage or freight
inwards,power&fuel,factory lighting,factory rent&rates,sales
sales returns,purchase returns,closing stock.

p&l account records all other expenses and incomes related
to the running of the business such as selling and
distribution expenses,administrative expenses,other incomes.

what are responsibilities of an accountant in a company?

2089

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Difference Between Revenue & Capital Expenditure (Give an Example of each )

2206

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if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?

1930

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Short Answer on ___________fluctuating capital

2090

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how an accountant can do budgetery controls of expenses?

2190

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plz send me the apptitude question papers of wipro

2148

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What is the difference between Deffered Tax Assets & Deffered Tax Liabilities

2274

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What is limit of turnover for registering under CST & limit of Form 'C '

12773

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what is Functional Specification in SAP FICO?

1082

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1.tell about urself? 2.wt is BRS? 3.VAT? 4.Golden principle of accounting?

2553

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purchase car from toyota innova 50000 cheque from one firm and 449893 from other firm.... and 1350000 loan saction from kotak mahindra.....how can entry make with interest

2062

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What do you mean Business

2309

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Expand--------SRTA

1998

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Whatis new GL & Odd G.L What is the difference between these two.

2192

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WHAT IS B.E.P. CHART

2479

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