What is the definition of LOSS. Give the formula if any.


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

Post New Answer

More Accounting AllOther Interview Questions

how the bank reconciliation should be done in practical environment , and also using tally 7.2 , please explain it with exaples if possible

3 Answers  


what are the differences between Tally and Focus?

0 Answers  


Compute the sales tax amount on the following transactions: MRP rs 1000/- Sales Tax is 10% cess on sales tax is 5% Turnover tax is 1% on net turnover

1 Answers  


what type of a/c these accounts are are tey real, nominal or personal (1)realisation a/c (2)new company a/c(3)equity share holders a/c

0 Answers  


what is IPO

8 Answers  






Liabilities: 2006 2007 Assets 2006 2007 Trade Creditiors 100 40 Cash atBank 100 65 Bills Payable 50 60 Account/R 105 120 Outstanding Expenses 25 20 B/R 130 140 Bonds Payable 220 140 Inventory 110 40 Accumulated Depreciation: Machinery 120 160 -on Machinery 30 35 Building 300 310 -On Building 75 85 Land 60 130 Reserves 100 115 Patents 55 60 Retained Earning 130 170 share Capital 250 360 Profit from operation after providing Rs.10,000as depreciation on building and Rs.10,000 on machinery and Rs.5,000 as amortization on patents for the year 'April 06- March07' was Rs.35,000. Other revenues for the year were Rs.40,000. An old machine with original cost of Rs.15,000 was sold at a loss of rs.5,000. Prepare Fund Flow Statment and Cash Flow Statment for the year ending March 31 2007 based on the information given above.

0 Answers  


Expand BFSI

0 Answers  


How can a profit & loss appropriation account have opening & closing balance ?what would be journal entry for it?

1 Answers  


i need sbi bank clerk exam model question papers

0 Answers  


i want to deregistar my sms banking at axis bank

1 Answers   Axis Bank,


i want the difference p&l a/c and Income and expediture statement

0 Answers   Genpact,


I want to know that if i get call from Mumbai Circle in SBI. what does it mean where will be my posting and my job profile, will i get accomodation from bank or not.

0 Answers  


Categories