Interested to Buy Any Domain ? << Click Here >> for more details...
Why profit is a liability and loss is an assets
- 20 Answers
- 109005 Views
- Banesco Seguros, FactSet Systems, IIM, South Indian Bank, I also Faced
- E-Mail Answers
Answer Posted / amit banerjee
Profit is an income that is to be distributed to the
desired personnels whereas Loss can be treated as an
expense hence it is shown in the asset side.
| Is This Answer Correct ? | 6 Yes | 32 No |
Post New Answer View All Answers
What is Insider Trading ?
Sir,I want to be good in accounting .Now i have got an oppurtunity to work in accounts department but i am average in accounts.So how can i improve and work with effiency guide me with ur tips.
A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty
Name some errors which can be detected by Trial Balance
can any one tell me what kind of qns are asked in gail entrance test. i m apearing for the exam of accounts & finance. please let me know the ans on my id pragneshmall1@gmail.com
how a fund flow statement benefit the individual, corporate?
Sensitive field have been defined and customized for vendor master data. For which of the following sensitive fields will an update trigger dual control?(any 1 answer) Currency Account group IBAN VENDOR ACCOUNT NUMBER
Example for extra ordinary expenditure?
how history is helpful for banking?
What do you mean Business
Why are there 30 blue-chip companies only considered in bombay stock exchange.And why those thirty only effect the sensex
Expand--------SOT
what is cost centre , job costing & Budget control. what is the effect of these.Explain its briefly.
plz tell me short cut method in maths for clerck post in bank
MAY I PREPARE TAX INVOICE FROM MFG UNIT TO RETAILER DIRECTLY?
