Interested to Buy Any Domain ? << Click Here >> for more details...
18) Difference between Income & Expenditure and Profit and
Loss Account?
- 4 Answers
- 23000 Views
- D-Mart, JPMorgan Chase, I also Faced
- E-Mail Answers
Answer Posted / rahul kanojiya
Answer
1 Income & Expenditure prepare non-profit organisations
such
as schools and colleges trusts and where as Profit and
Loss Account prepare all the a/c of the expenses and we
get net profit from the p/l a/c . ....
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
income from depreciated asset is profit or loss?
What are the different payrolls? how we calculate the exmployee payroll? how we calculate the employee salaries details?
Please suggest the manual records needed to be maintained at NGO/CBO to record the transactions of accounts & inventory. Please also mention the need & purpose of each records/books
what is the difference between financial accouning and financial management?
What is Acquisition?
For what purpose ERS is used for?
What is Risk Assessment?
Name some errors which can be detected by Trial Balance
Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
Explain the word Liquidation
What do you think you do well?
Short Answer on _____________Revenue Budget
How to make an adjustment entry for the variation of physical asset Vs book value of asset. For example: As per asset register there are 1000 computers where as 950 computers are available in stores. How to make an adjustment entries for the difference of 50 quantities?
Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry
what is automatic payment in sap fico
