THE DEBIT BALANCE OF THE P&L A/C IS SHOWN IN WHICH COLUMN
OF BALANCE SHEET
- 59 Answers
- 72777 Views
- Capital IQ, College School Exams Tests, Renault, State Bank Of India SBI, WS, I also Faced
- E-Mail Answers
Answer Posted / k.srikanth
Hi,
it comes in Liabilities side which is added to
the reserves and surplus. The debit balance in
p&l a/c being netprofit,The debit balance of P&L a/c i.e.,
netprofit comes to balance sheet added to the reserves.
If it is coming the Net Loss in p&L a/c where as Balance
sheet is shown as deduct to capital in liabilities side.
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
how to entry in tally for other person check received
What was use of tally erp 9? Types of vat?
Distinguish capital and revenue expenditure
what is the difference between sap and sas?
Short Answer on ______Amortization
Short Answer on ________Accounts Payables
what is mba tell me the more benefits in mba
plz tell me the finance questions asked in hsbc latest question asked in hsbc?
What exactly balance sheet depicts
Expand MNS
Short Answer on __________Event
What is a bad credit score?
What is written off?
Short Answer on _____________Intangible Assets
what is the entry for goods sent from one factory to another under inter branch transfer sale of the same compny and what should be the valuation for this purpose?
