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...

why profit is a liability and loss is an asset?

Answer Posted / roshan

profit is a liability to company bzs it should be
distrebuted to share holders
but not in case of loss means reducing in the capital

Is This Answer Correct ?    7 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

HOW TO FILL PURCHASE RETURNS IN VAT 200,IF NOT PURCHASES THE PERIOD?

2005


I purchase a material with vat@4% and want to sale it to a bihar cliet.what will be charged as cst.Narrate me as brakewise.It is very urgent to mine.

1866


Describe the advantages and disadvantages of the different accounting packages/systems you have used recently in your accountant jobs

1155


what is debit balance report in SAP?. how do you describe DB report in brief.

2014


Which kind of transactions are not recorded in the books of account?

1845


What is general ledger account?

1112


A Company has not deposited its ESI /PF dues from 01-04-10 till 31-12-10 in a year (Both the shares). What is the maximum time limit for that and is the liability as on date. Management wants to daly at the maximum, but want the calculations of each & every aspect- monthwise. The avrerage no. of employees are 50 and the salary is around 2.00 to 2.5 Lacs per month.

2017


Explain have you ever prepared mis reports and what are these?

1026


PLZZZZZZZZZZZZ HELP ME FOR THE PREPARATION OF TEST JR.EXECUTIVE (ADMIN)IN ATM IAM APPEARED 1ST TIME IN THIS TEST MY TEST CENTER IS RAWALPINDI MY CONTACT NO IS 03338907330

4987


Define social responsibility accounting

1089


BRIEF IN DETAIL REGARDING RATIOS

1929


Can you differentiate public and private accounting?

1289


How to calculate Term Loan interest and the double entry for Term Loan ? What difference between hire purchase and term loan ??

5388


want to know the questions and answers frequently asking in banks at the time of interview for any cadre

2098


how pass journal entry in the month ending for input vat and out put vat

2256