how to create a profit and loss a/c

Answer Posted / arjun

to create the p&l a/c we should all the indirect
expenses ,indirect incomes and gross profit/gross loss.

Is This Answer Correct ?    7 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what are the differences between Tally and Focus?

7479


what did you mean by cash credit limit account ?

2376


hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in

1680


Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them

2268


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)

3094






what is undisclosed profit? explain

2059


Why you want to leave your present job while they offer you with good offer?

1597


What are motive behind mergers And acquisitions?

1799


CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c

1138


What exactly balance sheet depicts

1665


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

1729


Short Answer on ______________Import Trade

1528


which name written in Tan application form Applicant is sole proprieter companies name or individual name?

1574


Expand-------NAC

1888


What Question ask in MARKIT Company?

6613