Answer Posted / pradeep
difference between trading & P&l a/c is trading account is
show all trade related expenses & Incomes & gross profit
but P&L a/c show Net profit of a co. or firms it show all
typs of income & Expenses .
| Is This Answer Correct ? | 15 Yes | 3 No |
Post New Answer View All Answers
What does the investment of personal assets by the owner will do?
Do you know what are trade bills?
how many times we can deposit the old currency in one a/c in the bank
How to make a entry in tally for Land & Building Purchased for RS.1,65,00,000/-(Total Consideration)Paid Installment wise as 30 lakh,10 lakh,20 lakh & 1,30,87,500
WHAT ARE THE LIMITATIONS FACING ACCOUNT CONCEPTS AND CONVENTIONS?
What is use of statistics in accounting?
what is use of cost center category in tally ? why & when use this ? what is benfit ?
what single discount is to2 successive discount of 10%& 15%
what's the difference between impress cash account and petty cash account
get fixed assets items
Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.
what do you mean by Firm
cost of lease=20,000.refundable deposits 2000 (after 4 years).annuity value for 4 years @5% is .2820.find the net charge to p&l a/c
What is Capital Commitments means?
Expand ctc cheque?