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...


Expalin about the distinction between Profit and loss a/c
and balance sheet



Expalin about the distinction between Profit and loss a/c and balance sheet..

Answer / neha

Profit & loss a/c shows the profit or loss of the organization.
Balance sheet shows the financial position of the organization
like solvency or insolvency.

Is This Answer Correct ?    1 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

Could anyone please please tell me where Styanarayana is teaching SAP FICO in ameerpet? also do we have good openings for SAP freshers .. and how is Reliance global services, please please please advice.

2 Answers  


What is MIS Report? How do you make MIS Report?

2 Answers  


What is 'C'Form ? and what are the uses with 'C'Form? its realed to Central Govt ( or ) State Govt.

4 Answers   Genpact, ITC Infotech, MC Engineers,


would gross expenditure vouch the correctness or otherwise of the given expenses?

0 Answers   Wipro,


How will draw inferences about the financial health and performance using ratio ?

1 Answers  


if anybody tell me difference between DD, PO & Cheques

6 Answers  


what balance does fixed assets show?

5 Answers   Genpact,


Demat Account is compulsory for share trading as per the law?

4 Answers   IBS,


What is COVER payment?

0 Answers  


Expand R R

1 Answers  


Waht is general Reserve

3 Answers  


How shall I calculate the true profit of my business, as I am a layman for accounting.

0 Answers  


Categories