Answer Posted / shaik nizamuddin(mba finance)

THE DEBIT BALANCE OF THE P&L A/C IS SHOWN IT CALLED AS THE
REVENUE EXPENDITURE AND THE SAME WILL BE SHOWN IN THE
ASSETS SIDE OF THE BALANCE SHEET IT WILL BE TREATED AS
REVENUE RECEIPT's. so in this the debit balance of the p&l
a/c is shown in the balance shee that is in assets side.


MBA(FRESHER)2008
THIS IS NOT MY OWN ANSWER THIS AS PER INDIAN GAAP EVERY
ONE CAN SEARCH IT!

Expand---------SDRT?

1846

---

diffrence between the profit center and business area

2036

---

can u let me know how the bankers calculate interest on O.D.account

2012

---

Queries for Big4 Articleship : Whether son of CA in practice effects chances.

6931

---

What Settlement details are required on the delivery instruction slip?

4801

---

What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.

2204

---

what is finance what is bpo why do u want join a BPO types of process in BPO Company's

2176

---

i am a mba fresher and i'm learning oracle finance.please give me ur valueble suggetions about my career in oracle finance? what r the requirements 2 get a good job in time?

2166

---

can payorder be issued for outstation?if yes then how?should it be account payee?

2240

---

cany anyone explaing what are the functions of an Account Officer/Manager?

2097

---

EXPAND______________ICC

2131

---

WHICH IS MORE RISKY TO A BANKER, A CASH CREDIT OR A LETTER OF CREDIT

2085

---

What is payment/receipt/period accruals?

1676

---

outstanding expenses, prepaid or unexpired expenses

3954

---

What is the rule on a school who will be handled by anither school? How do I calculate the royalty per year to the school who will supervise a new school

1952

---