Treatment of P&L A/c balance(either profit or loss)??
- 2 Answers
- 4472 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / abhijeet jain`
Neha ur ans is only partial u have spoken only of the
result n not the treatment which d Q sought to have
asked....coming to d treatment if its a profit it shall be
added to d reserves & suplus on the liabilities side of the
BS and in case of loss it shall be shown on the assets side
under the heading Misc. exps.
| Is This Answer Correct ? | 14 Yes | 4 No |
Answer / neha
Treatment of P & L a/c is totally depend upon its balance.
If the balance is credit then it is a profit & if the
balance is debit then it is a loss.
| Is This Answer Correct ? | 8 Yes | 5 No |
what is the difference between public company and private company
what is the meaning of CTT
state your views about liberalisation of banks
what is freefloat capitalization
what are all the entries for issue of debentures and redemption of debentures ?
what is surrender of shares?
WHAT DO U MEAN BY DIVIDENDS. WHAT IS THE TYPE OF DIVIDEND AND IS THIS PROFIT OR INTREST?
Is it possible to list only a portion of Equity Shares leaving the balance as unlisted?
what is the abrevation for JJ in form jj
what is form No.32 in MCA?
5 Answers AV Bistro Private Limited, Harit Path, Hero Mindmine Institute,
Role of Finance Manager in matters of dividend policy? Alternatives and factors that you may consider before finalizing dividend policy?
4 Answers Anna University, College School Exams Tests, Ericsson, ETC, Hindustan Drug House, IAF, ICICI, Ignou, MBA, Persistent, South Indian Bank, TATA, UPSC, Xansa,
What should be the answere when asked "tell me about your self".
Audit 
