Who prepare income and expenditure account and for what?
Answer Posted / b.narasimha rao
INCOME AND EXPENDITURE ACCOUNTS PREPARED BY THE ACCOUNTANT.
TO KNOW THE HOW MUCH INCOME EARNED BY THE COMPANY DURING
THE ACCOUNTING PERIOD. THIS ACCOUNT USE FOR PLAN THE INCOME
IS INCREASE AND EXPENSES ARE DECREASE
| Is This Answer Correct ? | 26 Yes | 16 No |
Post New Answer View All Answers
if jj form not cancelled within 1hour,wat to do
drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?
if a person join company on 01-04-04. after 5 year he is resigned on 31-03-09 and date of leaving is 14-04-09. Is he is on under gratuity payable or not? he is completed 5 years on 31-03-09. what is basis on calcultion on final settlement is date of resignation or date of leaving whcih is on 14-04-09.
Workers name-Madhu Saha.Pay structure,basic-5850,HRA-1350,CCA-900,TRAV.ALLOW.900.DEDUCTION-PF-702.ESI-150,P.TAX-90.WHAT IS THE EXTRACT IN PF,ESI,IN BALANCE SHEET & sALARY IN p/l A/C . iS IT POSSIBLE THAT PERSONS'S NAME SHOUL COME I P/L
Calculate the total Depreciation for four or five Years so practice some problems on depreciation?
in what form is crr kept in RBI?
What part can management policy play in the analysis of cost behaviour?
I KNOW THAT INSURANCE CHARGES ON PURCHASE OF VEHILE (LIGHT/HEAVY VEHICLES)HAS BEEN CAPITALISED OR NOT.?
what happens to each of the three primary financial statements when gross margin decreases?
How to caluculate the value of Corporate Profit, the value of personal savings and the value of indirect tax?
If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???
Please suggest the manual records needed to be maintained at NGO/CBO to record the transactions of accounts & inventory. Please also mention the need & purpose of each records/books
interest paid comes under which head
Expand----------SAMC
what is dieerence between capital cpapital structure