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...

What is the difference between balance sheet and profit and
loss account?

Answer Posted / mega

balance sheet is a stactic nature account
profit and lost account is use for recording gains and
losses...................

Is This Answer Correct ?    1 Yes 8 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?

2167


Why you choose commerce faculty & not science or Why you are in commerce & not in science ?

2170


Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?

1691


All Accounting Question Related Send Me ..

2133


what is CDD’s configuration

2268


• What are the types of cash flows?

2215


fill in the Blanks Share Holders in Company have _____________Liability

1983


We are working as Merchant Exporter. My Question is can we Sale the products against 'H' Form to the Exporter after purchasing the material against 'C' Form? Or only Manufacturer can make sale against 'H' Form.

2003


What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books

2249


what are the type of cash flows?

2714


fridge was capital or revenue?

2405


what happens to each of the three primary financial statements when capital expenditures decrease?

2029


how to solved the shares qusionas ?

2077


The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690

7453


What is Purchase Requisition means? Why we used this in MM Module in SAP? what is t.code of it?

2046