Why Net Result Of The Business Called Profit And Loss A/c
Why Not Profit Or Loss A/c?
- 2 Answers
- 3533 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / kulad hanif
Because in P & L A/C all itmes do not have loss and all itmes do not have profit. All itmes are mixed in a single statement, that is the reason it is called as P&L A/C and not P or L A/C.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / abinaya jaisankar
Because the business always carries profit and loss
figures, whatever may be net result
| Is This Answer Correct ? | 2 Yes | 3 No |
fill in the Blanks Senior citizens are exempted from Taxes if their income falls below______________
What is suspense Account?
22 Answers Accenture, Amazon, Genpact, IBM, manappuram, TN,
Expand A C
what is the procedure to get the duplicate Cform in case the original is lost in transit.
Difference Between Revenue & Capital Expenditure (Give an Example of each )
Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .
Why we Deduct TDS?
I have complited my ERP course in FICO module. Now I want to work in ERP package. Please suggest me how I will apply for the organisation works in ERP environment.
What is the GDP growth?
HOW TO MAINTAIN BANK A/C
What's Authorized share capital?
EXPAND______________PCB
Audit 
