Please let me know in which Section we can disallow loss on
sale of assets which has been debited in profit and loss
account
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Answer / rajukharade@yahoo.com
please ask this question in details----
for which purpose disallow ? tax purpose or any other purpose
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what is debit note & credit note?
3. Cash Flow from Operation: Assume a company with an Income Statement showing: Net Income …. $ 180,000/- Depreciation …. $ 80,000/- Amortization … $ 60,000/- Deferred Income … $ 40,000/- What would be the: a) Cash Flow from operation b) Ratio of Cash Flow
If Cost of goods sold is Rs.80,700, Opening stock Rs.5,800 and Closing stock Rs.6,000. Then the amount of purchase will be (a) Rs.80,500 (b) Rs.74,900 (c) Rs.74,700 (d) Rs.80,900.
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Audit 
