Interested to Buy Any Domain ? << Click Here >> for more details...
why is it called profit and loss account why not profit or
loss account, ( u either get profit or loss )
- 13 Answers
- 36878 Views
- Genpact, Symbiosis, I also Faced
- E-Mail Answers
Answer Posted / ronald antony t
Because P&L a/c records profits earned by business and loss incurred to business
And Net Profit/loss is just balancing fig of abow insted of transfering all profits and loss we are just transfering Net Balance
| Is This Answer Correct ? | 11 Yes | 7 No |
Post New Answer View All Answers
we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?
Hi, If I am placing the order in amazon on behalf of the customer who place the order in other e-commerce application in which If I mention the billing address of the customer and goods will be delivered to the customer from amazon ,and other E-commerce site will deduct their commission on the certain % and make the payment to me on some what profit at that time how should maintain my books of account..??
A----------involves transfer of money or moneys worth from one person to another
what is the global prameters why are you selecting for the negative posting period allowed, defalult value date,proposed fisal year
what is your achievements?
What is combination?
Distinguish capital and Revenue receipts
what is the meaning of input vat & out put vat?
plz send me the apptitude question papers of wipro
What is PE ratio formula ?
EXPAND___________NBW
what are your plans after completing your MBA (or) studies ?
Why does one need a broker?
What is compensation theorem?
Short Answer on ___________fluctuating capital
