THE DEBIT BALANCE OF THE P&L A/C IS SHOWN IN WHICH COLUMN
OF BALANCE SHEET
- 59 Answers
- 73253 Views
- Capital IQ, College School Exams Tests, Renault, State Bank Of India SBI, WS, I also Faced
- E-Mail Answers
Answer Posted / anil karayil
The Debit Balance of the P&L A/c Means the firm has made a
Net Loss. This balance can be shown In the Asset Side of
the balance sheet under the head Revenue Expenditure or can
be shown in the liability side Deducting from Reserves and
Surplus.
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
What is Acquisition?
Expand-------MUR
Rs. 23.50 ( Rupes twenty three & paise fifty only) what is euro Conversion?
Give the balance sheet schedules ,what is differe tax, GIVE THE RATES OF DIFFERED TAX FOR THE YEAR 2008-09
which kind of expenses or Income will come under direct expenses or Income ?
Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance
how can make configration related with electronic bank statment and how can i upload bank statment to system
While selling fertilisers can we charge VAT on excise duty.
where does the closing stock appears in the trial balance?
What are direct income and indirect income
What is the complete role of a Process executive in Accounts Payable Process ? Please anyone who is an expert in the process answer my question. A reply would help me a lot.
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)
Expand----------CMST
the total of a firm id a rs.6.4 lakh.he has gross profit margin 15% curre ratio of rs.2.5 the firm current libility is rs.96000,inventry, rs.48000 and cash rs 16000. determine the average inventry of firm iss 5 times determine the avg collectin period of opening balance.
