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why do we add the net profit in the balance sheet

Answers were Sorted based on User's Feedback



why do we add the net profit in the balance sheet..

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

why do we add the net profit in the balance sheet..

Answer / rakesh

because we calculate tax amount in net proffit (Rakesh
kumar)

Is This Answer Correct ?    0 Yes 7 No

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