Interested to Buy Any Domain ? << Click Here >> for more details...
What is trail balance? what is Profit & loss a/c ? what is
Balance sheet?
- 4 Answers
- 9047 Views
- Siyaram, I also Faced
- E-Mail Answers
Answer Posted / prasad.g
Trail balance:
it is a statement. it is prepared by besed on ledger closing information. it concist of in the debit side all expences, losses & assests. the main objective of preferation of trail balance to know the aurthamatit accurucy of the organization.
profit & loss a/c :
it is a financial statement. it consist of all indirect exp & incoms, poerating & non perating. main object of preparetion of p & l ac to know the net profit possition of the organation.
balance sheet:
it is one of the financial statement. it consist of assets & liabilities. main objective of preparetion balance sheet to know the financial posotion or condation of he organization.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
let me know the difference between net cash flow and income
Define Salry for the following purpose 1.To calculate HRA
What is DECR And for wt it is used?
Breif notes about accounting standards
How do the standards assist the users of financial report?
What is Budgeted capital ?
difference between vat 47 & vat 49
Can anyone mail journal entries for me? my Mail id rukmini@live.in
Hi, Please post in here the Aptitude Test Questions given in companies like Thomson, Reuters, GMS, JP Morgan, Northern Trust Bank etc.
Hello to every body ... Its not its not a interview question In accounting field can we make Money ?
Short Answer on __________written Down value
what is dieerence between capital cpapital structure
to attend interview for real estate company accounts
Give a brief explanation of the fundamental accounting concept of prudence
sir i'm having exp as a HR-Recruiter, now i'm willing to work in other areas of HR.Is learning of accounting courses such as (Payroll mgmt,TDS, service tax, vat, provident fund, gratuity fund, Tally ERP.9 )is necessary? if so, kindly guide me what all accounting courses i need to study to work in other areas of HR. or what are the qualifications required to work in other areas of HR? 2)one of my friend would like to know the job profile for Finance admin..
