Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / rekha bai
The income statement, which is sometimes called the statement of earnings or statement of operations, is prepared first. income statement is prepared to know the income of the business,income statement is a statement which is prepared to find out net income. the income is available to the share holders.
| Is This Answer Correct ? | 0 Yes | 3 No |
Post New Answer View All Answers
Tell me by saying, perpetual or periodic inventory system; what do we mean?
What are the 4 principles of gaap?
Tell us what is your proudest accomplishment?
What are control ledgers?
How much statistics knowledge is necessary or required in accounting?
If assume we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now and how it possible? What about vat like tax setups in ap and ar? What about the sweep command in ap?
What is bond ? What is capital market?
Compare financial accounting and cost accounting.
can we credit depreciation of the year to the general reserves in a balance sheet of that year? and also enlist some relevant documents or standards?
In which term & condition excise invoice raises & for what excise invoice raise?
director wife expenses which entry
my brother is out of country i have lost his bank passbook when i was going to bank for the entries is their essential to take duplicate pass book can my brother is present for this.
Tell me did you use accounting applications at your previous companies or prefer working manually?
Explain me by saying, perpetual or periodic inventory system; what do we mean?
if cheque bounced what we received from customers and payed to bank what entry should we create in single entry system
