Where is Profit and Loss posted in a balance sheet?
- 8 Answers
- 35379 Views
- EXL, I also Faced
- E-Mail Answers
Answer Posted / kiran
IF PROFIT THEN SHOW LIABILITIES SIDE AND IF LOSS THEN SHOW
ASSETS SIDE.
| Is This Answer Correct ? | 111 Yes | 28 No |
Post New Answer View All Answers
Do you think accounting standards are mandatory and why?
What is accounting & why it is used?
What are the different fields of accounting?
Tell me do you have any professional experience of this field?
for giving the salary in terms of cash to an employee for what minimum amount revenue stamp is reqired to paste the vouceher? up to what limited revenue stamp is required?
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.
Please answer me for the followings 1. i taken an office on January @ rent 28000.00 for one year and i paid 14000.00 as first payment balance will be paid on august. in tally how we post this and under which account especially balance 14000.0 under which account. 2.i have taken a loan from mr. A the amount is 100000.00 on January and the interest i need to pay on march 21000.00 the interest which iam going to pay is liability not a expense and it will be a expense in future, how we can post this also in tally and under which account. please somebody guide me who knows regards niyas es
When we received payment from creditors
What is difference vat
WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM
How can do it TDS in accounts?
Mention why some asset accounts have a credit balance?
WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.
what is consignment entry?
in tally ,professional fees head will come under which income group ,direct or indirect if the business of owner is designing work or related to creativity
