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...


Why there is no opening balance for Profit and Loss Account?Refer me Detailed explanation.

Thank you.


No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Audit Interview Questions

What is Esi ,Pf,and Payroll?

2 Answers  


What is difference between provisional and projected balance sheet of the company??

2 Answers   Genpact, TCS,


A company paid Mr.R an advance payment of Rs 5000 as tour allowance. After the tour R, submitted travel bill with a expense of Rs3000. He return Rs 1000 and claimed to pay the rest 1000 on a future date. Please pass the journal entries.

6 Answers  


1. When is GRN raised? 2. what is the purpose of matching open PO listing against GRIR account?

3 Answers  


While conducting an audit, the IS auditor detects the presence of a virus. What should be the IS auditor’s next step? a) Observe the response mechanism. b) Clear the virus from network. c) Inform appropriate personnel immediately. d) Ensure deletion of virus.

2 Answers   Hindustan Unilever Limited,


Explain the importance of internal audit to the organization?

0 Answers  


whether VAT is an asset or liabilities?

12 Answers   TATA,


What is the importance of Stock Audit, Accounting Audit

1 Answers  


What are the basic principles of an internal audit controlsystem?

0 Answers  


what do you understand by double entry system.

4 Answers   Fidelity,


What are your outside interests?

1 Answers   Cisco, Ernst Young, LIC, SEBI,


What is the difference between internal audit and statutory audit?

0 Answers  


Categories