What is the difference between balance sheet and profit and
loss account?
Answer Posted / sonika
Balance sheet is a statement which reveals the financial
position of a company as on particular date.It is static in
nature.
Profit & loss account is a statement which reveals the
result of business operation for the particular period.
| Is This Answer Correct ? | 32 Yes | 7 No |
Post New Answer View All Answers
in which group under we will open donation and hamali weekly payment account or ledger
How can I explain p2p process in SAP?
Expand-------CSNA
institutional investors?
What is finance lease
What is meant by advance ruling? What is the scheme of advance rulings?
Can you explain about the distinction of Book-Keeping and Accounting
WHAT IS INTEGRAL ACCOUNTING
Short Answer on _____________Intangible Assets
1.What are the basic accounting Standards ?? 2.What is the main importance of Bank Reconcilation Statement? 3. What is Form 407 in Vat ??
You placed an Order for some books but it was not delivered on time or the books were damaged, so are write Complaint Letter to the Shopkeeper about it.
loss of pay for a employee when he is not having single leave bal. in his account that time what is the calculation 2) what exactly the days to be considered i.e. 26 days or 27 days i.e. to arrive at salary per day what exactly the days to be divid
how to work on CMA form in manufacturing compay as well as how to analysis working capital ?
Upto what age PF will be deducted for an employee? And what age he is eligible to gratuity?
when calculating for np% do i include interest or do i take it off