Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Why should we prepare profit

Answer Posted / akash

p/l Appropriation account is prepared after we enter the Net profit in the Balance sheet and we take that Net Profit as the opening balance in the next year.

It is prepared to appropriate/distribute the funds in various dimensions such as Reserves.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How to answer for the question, tell me about ur project? I mean in which format can i say?

2068


can you define exogenity endogenity both terms are from economics both are different from exogenous & endogenous variables. I can not find the answers. please help if you can....

2254


pls send me capital iq quition paper pls, ihave 2mr interview thanks

2278


how an accountant can do budgetery controls of expenses?

2133


What is the basic difference between pledge, hypothication and mortgage????

2268


what do u mean by single error and double error in accointing errors?

2270


What is account

2211


If i want to establish a company in which i want to manifacture and sell the Wine. So how many permissions i have to taken and who will issue those?

2229


A company produces and sells 12500 units of Commodity X at Rs 50 each. The variable cost of the production is 20 % of selling price. Fixed cost being Rs 100000 per annum. Calculate the PV ratio and BEP if.  The selling price is reduced by 5 %.  Fixed cost is increased by 2 lacs

1822


define bank Draft

2448


What is the due date for filing monthly & annual sales tax returns in karanataka

3776


What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?

2032


what is participation right is it a debt? or not?

2216


Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry

2178


what is general HR?

2143