Answer Posted / anand iyer

Gross profit or loss transfered from trading
account.management ,office,administrative expenses,selling
and distribution expenses,financial expenses,commision
received,discount earned,interst received,rent
received,these are included in p&L a/c .if profit is more
expenses is less is called net profit.if profit is less
expense is more is called net loss.net profit or net loss
transffered to balance sheet.Balance sheet it includes share
capital,sundry creditors,bills payble,debentures,loans
advance ,cash in hand,b.o.d,longterm loans.goodwill,building
,investment,palnt &machinery,vehicle,furniture
&fixtures,loose tools,copy rights,land &buildings,sundry
debtors,bills receivable,cash at bank,closing stock .

How are fund-raising and publicity and management and administration costs apportioned over funds?

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What is revaluation of assets.when it occurs

2369

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to attend interview for real estate company accounts

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Can anyone plz. tell me where can i get the proforma application for DAO.I have tried all the links but i couldn't find any application proforma in the notifications.

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What is discounting accounting and why depriciation of assets are mention in dicounting accounting?

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what do you mean indirect expanse in trading business?

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Short Answer on ___________fluctuating capital

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Since minority interest is balance sheet item, and got brought foward figure, how to disclose brought forward figure in consolidation work sheet instead of we make adjustment on current year to show their share in subsidiary.

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im preparing for the sbi clerical post please send me the solved questions.

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company accounts introduction?

2733

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Expand---------PDBC

1999

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