Answer Posted / dinesha r

Gross profit or loss transfered from trading
account.management ,office,administrative expenses,selling
and distribution expenses,financial expenses,commision
received,discount earned,interst received,rent
received,these are included in p&L a/c .if profit is more
expenses is less is called net profit.if profit is less
expense is more is called net loss.net profit or net loss
transffered to balance sheet.Balance sheet it includes share
capital,sundry creditors,bills payble,debentures,loans
advance ,cash in hand,b.o.d,longterm loans.goodwill,building
,investment,palnt &machinery,vehicle,furniture
&fixtures,loose tools,copy rights,land &buildings,sundry
debtors,bills receivable,cash at bank,closing stock .

If in a PO, the freight condition is mentioned as Air freight and the material is actually received by Road, how does the system check before making the necessary accounting entries?

2053

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Which document should be attached with purchse & sales invoice?

1924

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why may types of accounts

2235

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what is the reason for balance sheet not getting tallyed

2240

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Give me total Details of payroll calculation, payslip with examples.

2689

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wHAT ARE EVENTS

2142

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What is 100% EOu? what is the benifit and what is difficulty of it?

2116

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Can anyone expain.. why the sensex is in points. And why the ratios is calculated. In what way its uesfull to the organisations

2221

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what is tds rate of WCT applay for sale tax ragistard company.

2603

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what is Contra Asset?

13705

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differences between liabilities and assessts

4336

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How many types we are received funds in business purpose

2385

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How do you plan to achieve these goals

2346

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hey! i have an interview for PO in union bank on 11th feb. can anyone please tell me what major topics should i prepare for? of course npa is there. also cibil and basel basics. is there anything else i should prepare?

2036

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What is Home Loan Modification?

2186

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