Answer Posted / pranjal
differance between p/l a/c and trading a/c means
Trading a/c is that a/c which includes only trade related
a/cs like purchase,sales and all those epenses which
incurred only from trade.
But in Profit and Loss a/cs there is the all
direct/indirect income/expenses are to be recorded which
not related to the pure trade.
| Is This Answer Correct ? | 90 Yes | 19 No |
Post New Answer View All Answers
i had taken one year gap in completing my graduation bcom should it be considered as backlogs i dont have any kt or anything else i have passed all exam in one trial
What is the double entry system explain its rules with examples?
What is fractional code and how can i get a fractional code for a particular account?
Please give me a suggession to calculate the T.D.S,E.S.I,P.F, From salary which is in gross Rs. 15000/.
Explain me the difference between public and private accounting?
how pass journal entry in the month ending for input vat and out put vat
what are the limitations of accounting conventions
Accounting for vc money in financials
What are the three factors that can affect your cash flow and business profitability?
what is windows dressing final accounts?,sales a/c belongs to which a/c type?
saji become insolvant -what is journal entry
WHAT IS THE LAST DATE OF HOUSE TAX SUBMITED , AND WHAT IS THE RATE OF HOUSE TAX ?WE PAID HOUSE TAX MCD OR ANY OTHER. PLEASE TELL ME.
Anti Takeover policies
how will rectify the error in trial balance.
what is loan operations and what are the complete process form from making customer to closure of loan