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...

Difference between P/L a/c and Trading a/c

Answer Posted / pradnya

Trading A/C means which includes all direct and indirect
expenses and incomes. and which also includes
Dr. Trading Account Cr.
______________________________________________________________
Opening Stock Sales
+ Purchases - Sales Returns
- Purchase Returns
Direct Expenses
(Factory related Exps
such as wages,electricity use Closing Stock
for manufacturing etc)

Is This Answer Correct ?    10 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what TYPE OF INVOICE SHOULD RAISE TO C&F agent ?

3283


what is use of cost center category in tally ? why & when use this ? what is benfit ?

2117


How to post advance paid to a supplier in oracle jd edwards

1761


is WCT aplicable on educational institutions also??????

1893


i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.

2304


Tell us what is your proudest accomplishment?

1216


What is the entry for closing stock value reduction?

2591


My boss said to me "Calculate Tds for the month of may 2018 from bank statement". my Boss business is Proprietorship of Construction and designing work. How I can calculate Tds liability.

1442


how to account branches in tally

2484


what is gl a/c? & why is it maintain

1966


List the type of transactions entered in journal proper.

1229


Explain me do you think accounting standards are mandatory and why?

1185


Tell me as a higher position in the accounting department, you will be responsible for overseeing other employees' accounts. What experience do you have in leadership and management that will prepare you for this responsibility?

1050


what is a register when referring to accounting or bookkeeping?

1039


what is the Journal entry for credit card bill paid from same bank account

1761