Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is the outcome of trading and profit and loss account



what is the outcome of trading and profit and loss account..

Answer / poorna

Gross profit or the gross loss are the outcomes from trading account, where any of these outcome will helps to derive the net profit or net loss from proft and loss account....where this net profit or loss is linked to the capital amt on liabilities side to know the fairness of the concern by equating both assets and liabilities.....

Is This Answer Correct ?    9 Yes 1 No

Post New Answer

More Accounting General Interview Questions

Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-31/December? There is any restriction in doing that, i mean for example for fisal purposes? Thank you all!

3 Answers  


ram paid to cheque rs 25000/- for comission what is the entry in tally can in this entry tds will deduct then what is the entry in tally and which voucher

0 Answers  


1)What is E-1 Sales (Sales in Transit) Full Guidence From Issue to receipient. 2) What is F Form How Are procedure

0 Answers  


What is trail balance

5 Answers  


what diff, between companay balance sheet and indivisual balance sheet?

1 Answers  


What is the diffrence between Suspense a/c and imprest a/c

2 Answers  


In Individual Accounting Capital comes under which head?

4 Answers   Infosys,


if we have received the bill of telephone and electricity for the period 16th march to 15 april ,what will be the entry for the year ended 31st march '10?will there be any provision entry for this

3 Answers  


Under the accrual basis of accounting, when revenues are reported in the accounting period?

0 Answers  


Interest on capital will be paid to the partners if provided for in the agreement but only from________ (a) Profits. (b) Reserves. (c) Accumulated Profits. (d) Goodwill.

1 Answers  


How to create report of t code f-02 in SAP FI?

3 Answers  


entry for cash received from debtors

0 Answers  


Categories