What are the difference between P/l a/c and income and
expenditure
- 12 Answers
- 32248 Views
- Genpact, IBM, I also Faced
- E-Mail Answers
Answer Posted / suvankar pal
P/L A/C is prepared by Profit Making Organisation
Income & Expenditure A/C is prepare by non-profit making
organisation
| Is This Answer Correct ? | 28 Yes | 5 No |
Post New Answer View All Answers
What is a comprehensive income?
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
if co. (proprietorship). purchase mobile phone for employees than mobile phones under off. equipment .we have rec. purchase bill gst applicable how shows entry
Explain what is double-entry accounting? Explain with an example?
a cc. has balance Rs. 8,40,000 at the credit of profit and loss a/c this balance is used for redemption of debentures what will be the entry
what is the meaning of banking
What is the limitaion of the Trial Balance?!
Tell me what is an over accrual?
IS METHODEX IS GOOD INSTITUTE FOR SAP FICO MODULE TRAINING. IS IT IN BANGALORE OY HYDERABAD.
what is the head for stock trnasfer
Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?
Do you know the term account payable?
Wha is difference between expenses and expenditure
What is depreciation and how many types are there. Please give details?
director wife expenses which entry
