Interested to Buy Any Domain ? << Click Here >> for more details...
Where is Profit and Loss posted in a balance sheet?
- 8 Answers
- 37922 Views
- EXL, I also Faced
- E-Mail Answers
Answer Posted / susheel pandita
if there is a profit it can added to the capital show on
liability side in p&l a/c and if loss then it can deduct on
capital show on asset side in p&l a/c.
| Is This Answer Correct ? | 12 Yes | 2 No |
Post New Answer View All Answers
what is the due date of 28th feb
my interview is on tuesday so i just want to know everything about the interview like which type of question they will ask me as i completed m.com . please helm me plz plz
Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?
What is normative accounting?
WHAT IS THE DEFINATIN OF IDENTICAL GOODS AND SIMILAR GOODS? WITH EXAMPLE?
What is diffrence Between GPF and EPF?.. can anybody explain..?
Explain miscellaneous expenditures & profit and loss account debit balance
What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?
How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.
what is the defination of mat n calculation of mat... with example this is applicable in company or firm, pl. discribe me.....thanx ashok
Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.
How can you do credit control?
What are mis reports and do you prepare it?
Can i put opening stock in new company during closing time
what are voucher entries for EPF treatment in tally
