what is the effect of surplus in p&l account? or what is its
significance
- 1 Answers
- 4101 Views
- I also Faced
- E-Mail Answers
Answer Posted / venkatesh
In the company has surplus profit and that is reflected in
he p&l a/c then the company can use transfer it to the
reserve and use it for future developments. Also the company
can declare dividend or bonus to its shareholders or employees.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
How to Automate requirment mapping in QC?
Define fictitious assets?
is there is mentioned that we can adjust excess debtors with creditor in the stock statement while calculating Drawing Power
Cash bill of sale so the company can deduct the amount.
Tell me what is your track record for consistently achieving your targets?
Why company issue shares at discount as its a loss ?
what will be the entry for inventory
Explain what is ledger?
What is fiduciary accounting?
Financial Accounting
cheque deposit is a contra entry?
Do you have any idea about gst?
What is meaning of invoice?
Cello pen gross value is 935.89 for 12 nos 14.5% tax
if my salary is 12000 per month how much i will get after deducting PF an ESI
