why do we add the net profit in the balance sheet
- 2 Answers
- 4563 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sankar m.vignesh
Net Profit is the real profit of an organization after meet
out all incomes and exps... Moreover the net profit should
be add with Capital. Becoz it increase the capital position
of a company, if loss it should be deduct from Capital....
| Is This Answer Correct ? | 11 Yes | 0 No |
Answer / rakesh
because we calculate tax amount in net proffit (Rakesh
kumar)
| Is This Answer Correct ? | 0 Yes | 7 No |
Tell me what is public accounting?
what is Purchase Book & sales Book?
real account means
Rs.5000 paid school fees of Director's son. pass the journal entry
What is the SAP Account?
if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?
What is Depreciation ?
How to maintain the reserve a/c inspite of the withdrawls in a propreitorship and ways to reduce the gap of excess current assets to the less current liabilities.
Which steps in Procurement to Pay process does FI documents get created.
Hi, we are not a VAT register and raised not VAT bill to company for signage material. they are deducting WCT @4%, can anybody help me why they are deducting WCT while i am not a VAT register vendor, as i do not cross threshold limit.
While closing books for the year end, We had Closing stock which is inclusive of VAT(i.e Cost price + VAT), What is the treatment of this Closing Stock in the P&L and BS , is Closing Stock Shown Inclusive of VAT (ie. Cost price +VAT) or, without VAT (ie. Cost Price)
Distinguish between capital expenditure & revenue expenditure
Audit 
