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...

how to create a profit and loss a/c

Answer Posted / prabin

To find out the actual profit and loss a/c. First of all,
we have to entry all Administrative Exp., Selling and
advertisment Exp, R and D exp, pleminery exp. ( Revenue
Losses) with Deprecation exp in debit side of PL Account.
likewise, All Revenue income is posted in credit side of PL
a/c.

Is This Answer Correct ?    12 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

why should we are preparing BRS

1968


How good are you at Finance?

2059


what is Tds %,Service tax %,Cess %,and ESI,PF %,and what is the use of this.

2345


What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly.

2251


hi, what type of questions are asked in capital iq interview .plz let me know. thanks... venkat...

2468


define accounting,scope of account , types of account ?

3524


In sales what rule applicable

1840


EXPAND___________INMA

1919


1.What are the basic accounting Standards ?? 2.What is the main importance of Bank Reconcilation Statement? 3. What is Form 407 in Vat ??

2033


What do you mean by Green-shoe option?

2043


what is differred tax liability? explain in detail with some example.

2899


whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector

1632


Hello... i am looking jobs in investment banking, derivates and BRS and i apply nakuri,Timesjobs and monster. But i did not get the job. so if websites and ID. Please help me.. Thanking u...

2112


What is Accounting on Computers

1948


i have need full detail of tds rules and forms submitted dovetails

1979