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what is Penal account
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Answer / yedukonddalu
hi i think you are asking about P&L account it is nothing
but profit and loss account
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Answer / ravi
actually this is final accounts .i guess there is spelling
mistake......final accounts prepared at the end of financial
year to know the firm performance......
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / barodianbuddy(acca)
I THINK YOU ARE ASKING ABOUT PROFIT & LOSS ACCOUNT. IT IS A STATEMENT OF PROFIT OR LOSS & OTHER COMPREHENSIVE INCOME (IAS1). SUMMARY OF PROFIT & LOSS OF A BUSINESS AT END OF THE YEAR
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / divyagirantla1995@gmail.com
Profit and loss account is a financial statement it consiste the income and expenditure it is nominal accounting nature it is used to financial perfomance if the company
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What is reserves
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WHAT IS DEPRICIATION?
what is the accouniting
What is a Special Calendar and its types
1. ABC Pvt. Ltd acquired the right to publish a book entitled “Accountancy easy” From Writer at a royalty of Rs. 20 per copy of the book sold. The minimum rent was fixed at Rs. 30,000 per year. It was agreed, that the short workings of any year can be recouped with in 2 years immediately following the year in which short workings occurred. The no. of copies sold during the five years was as following: 1. 1st year -1000 2. 2nd year -1400 3. 3rd year -1800 4. 4th year -3000 5. 5th year -1200 Show royalties account in the books of the publisher.
Audit 
