why we use the term profit and loss account instead of profit or loss account

4 Answers   Syntel,

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what is meant by inter trading

2 Answers   Karvy,

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i dono how to calculate vat pls help me

5 Answers  

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Expand ________DMT

2 Answers  

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Give a brief explanation of the fundamental accounting concept of prudence

0 Answers  

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what are the types of leasing and their accounting entries?

2 Answers  

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ABC Ltd. firm has a sales of Rs.6 crores, Variable cost Rs. 3.5 crores and Fixed cost of Rs. 0.65 crores. The firm has debt and equity resources worth of Rs.7 crores and 10 crores respectively. With the data given show : (i) The firm’s ROI. (ii) EBIT if sales decline to Rs.4 crores. (iii) If the industry’s assets turnover is 4 times, does the firm has high or low asset turnover? The cost of debt is 12%. Ignore taxation.

1 Answers  

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what is sales life cycle???

0 Answers  

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what is the system of accounting and banking in cooperative bank?

0 Answers  

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what is the quick asset

14 Answers   Deloitte,

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What is meant by Nostro Reconciliation

0 Answers  

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What is the Accounting Treatment for Contingent Liability ?

3 Answers  

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