Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / rabindra mallick
It is a very good question for each and every finance
professionals.
The main purpose for preparing Income Statement as described
below...
(01) To know the operating performance for the particular
period.
(02) To analyse the key areas of success and failure for
that particular period accordingly set target.
(03) The income statement also helps as past data for
further Budgeting as well as Budgetary Control.
That End, Thanks
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
what TYPE OF INVOICE SHOULD RAISE TO C&F agent ?
Explain me by saying, perpetual or periodic inventory system; what do we mean?
our cheque to Arshad Khan was dishonored?
What is the diffrent job&project accounting?
How is an accounting department structured?
what is opening stock formula?
what is consumer product accoutning?
which chart of depreciation copy for our Indian companies in sap(fi-aa)? please give answer. Thanking you, mohan
What is the difference between Accruals and Provisions?
Is it necessary after every journal entry to show its treatment in P&L a/c? Eg. if I am asked to show journal entry of purchasing furniture & fixture on 1st Aug 06, i.e. Furniture & fixture a/c Dr. To cash/bank a/c Along with this, I have to pass following journal entry on 31st Mar 07?? P&L a/c Dr. To Furniture & fixture a/c
Pls tell me the basic rules of accounts for interview in finanace or accounts section
we have received amount from others through debit/ credit cards. what is the ledger group of this? i am confused selecting the ledger group could you explain.
List out some of the examples for liability accounts?
What is your greatest achievement and why?
what is dmat charges?
