The Loss of Profit & Loss A/C Where It is Shown in Balance
Sheet Liability or Assets Why ?
- 5 Answers
- 12061 Views
- Albert, Titan, I also Faced
- E-Mail Answers
Answer Posted / ca sanjay agrawal
The loss of profit & loss account are being shown under
Assets side of Balance Sheet. This is because, when the
entity will come in profit, it will be recoverable from the
profit of the Profit & Loss Account. Its nature is
recoverable thats why it is shown as assets of the entity.
| Is This Answer Correct ? | 9 Yes | 3 No |
Post New Answer View All Answers
service tax
What is the value of the Budget for 2009-10
I AM SAKTHIVEL,MY QUESTION IS 1.WHAT ARE THE LEDGER TO BE MAINTAINED FOR SERVICE TAX 2.KINDLY EXPLAIN WITH EXAMPLE FOR PURCHASE ALONG WITH SERVICE TAX 3.SALES ALONG WITH SERVICE TAX 4.IN TALLY E.R.P HOW I GROUP THE LEDGER 5.GIVE NECESSARY JOURNAL ENTRY FOR ALL SERVICE TAX RELATED TRANSACTION 6.ANY OTHER IMPORTANT NOTE U WISH TO INFORM ME 7.HOW I CROSS CHECK IT ### PLEASE HELP ME REGARDS SAKTHIVEL
Central purchase is eligible for issuance of H form. Whetther H form can be issued against local purcahse also? What I came to know is : earlier H form can be issued against central purchase only, but after intoduction of VAT, department issued notification regarding issuance of H form against LOCAL PURCHASE also. Is it true? If true then please tell me about notification/ circular/ relevant section or law. Please look into the matter. Thanx n Regards
Can you please provide me the present VAT precentages in Andhra pradesh and other states CST persentages with good's wise.
What is turnover limit for Auditing of Service Tax, VAT, Income Tax, Provident Fund, P. Tax and WCT? Please mail me at gautam_ch2 @ rediffmail.com or call me at 09831707812.
What will be the planned expenditure in the budget 2009-10
please send me andhra bank clerk xam model papers
what was the VAT rate on inverters(home ups) in karnataka on 2016??
what is rate of different service tax in haryana
Whether C Form can be issued for the transactions that made 5-6 years back? What are the procedures?
The CST assessement for the FY 2006-07 is completed on 31-3- 2010 and the same is received by dealer on 22-4-10. The question is that the dealer colud not produced the original H Forms at the time time asst. except the photostat copies filed. But the CTO not allowed and calculate tax at net 4% on H Forms turnover. CTO is saying that it is time barred by 31-3-10. Therefore even after produced we can not revise. We filed with case laws that it can be revised But when it is time barred it canot be. Therefore I request You to help the dealer ANYCASE LAW is there in the above case Pl. guide us.
Any one can mail soft copy of Balance sheet,Trading and profit and loss alc.of a small firm or small co for study
What are the procedures for remitting WCT?
Please let me know the depreciation rates.... com 2011-12.... Vechicle - Computer - Furniture - Tel instrument -
