THE DEBIT BALANCE OF THE P&L A/C IS SHOWN IN WHICH COLUMN
OF BALANCE SHEET

Answer Posted / ammar yasir

It is a liability for the firm and is shown in the liabilities side. and it is profit for the firm.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the procedure for issuing th C form

2055


please send me last 3 years question & solution

1570


What is the quality of the accountant & rights ? hansika.kk@gmail.com

2602


what is the frienge benefits tax?what is usefull?

1573


what is budgetory control and what are the types

1925






What is the difference between Deffered Tax Assets & Deffered Tax Liabilities

1742


Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry

1720


What is the difference between income statement & Profit&loss A/c?

1466


Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.

2399


In IGATE, 2 yrs bond for fresher and reverent experience 1 year bond. First z essay writing. “Unforgettable movement ur life” Tiz in ITPL IGATE stopping

5514


Can v transfer trail balance to journal entry how and with example?

1749


How can i do the entry of of service tax in tally.

1626


WHAT IS MEANT BY FACTORING, TRESURY BILLS,BULLS, BEARS

1779


Hi, I am preparing for Junior Accounts Officers test- APTRANSCO. Can any one suggest the model paper / Books available? john kadapa

1603


how to calculate stt

2171