18) Difference between Income & Expenditure and Profit and
Loss Account?
Answer Posted / baddam.venugopalreddy
Income & Expenditure prepare non-profit organisations such
as schools and colleges trusts and where as Profit and
Loss Account prepare all other organisations ....
| Is This Answer Correct ? | 62 Yes | 14 No |
Post New Answer View All Answers
Explain the word Liquidation
I need all WNS interview questions
You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger
Where we show Service Tax Due ( Debit Balance ) in Balance Sheet?
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
difference between vat 47 & vat 49
Being BE student why you want to join bank?
Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?
is indian bank or canara bank CBS brach?
Office cash was stolen? state whether the following transcation is business transcation or non business transcation?
How can I find out my credit rating score for free?
AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??
how an accountant can do budgetery controls of expenses?
What exactly balance sheet depicts
hi this is sharath,from hassan ,karnataka.,., i am caled for t interv on 28th may 2009, 12 noon, at foll location.,. STATE BANK OF MYSORE STAFF TRAINING CENTRE 104/105 7TH MAIN ROAD JAYALAKSHMIPURAM MYSORE-570012. anybody who is also attendin the same interview please reply me .,.,. i am in my final yr BE EnC,MCE hassan, i wold like to know more about the interview .,., please do reply.,.,. yours friendly, sharath kumar, sharath.syss@gmail.com