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
How to answer for the question, tell me about ur project? I mean in which format can i say?
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....
pls send me capital iq quition paper pls, ihave 2mr interview thanks
how an accountant can do budgetery controls of expenses?
What is the basic difference between pledge, hypothication and mortgage????
what do u mean by single error and double error in accointing errors?
What is account
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?
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
define bank Draft
What is the due date for filing monthly & annual sales tax returns in karanataka
What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?
what is participation right is it a debt? or not?
Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry
what is general HR?