Any two difference of Trading and Profit and loss A/c
- 6 Answers
- 13143 Views
- IBM, Syntel, I also Faced
- E-Mail Answers
Answer Posted / asmar
In trading we Calculate Gross Profit nd Deal with All
direct Expences that rae directly related with our factory
and ptoduction department>>
In P & L account, we Calculate Net Profit nd Deal with All
Indirect Expences that are related with our Admin & Selling
Departments...
| Is This Answer Correct ? | 4 Yes | 3 No |
Post New Answer View All Answers
Short Answer on _________Financial accounting
which kind of expenses or Income will come under direct expenses or Income ?
fridge was capital or revenue?
EXPAND___________NPO
WHAT IS PROSPECTUS?
DIFFERENCE BETWEEN THE DEPRICIATION AND IMPOSEMENT? DIFFERENCE BETWEEN THE CAPITAL LEASE AND FINANCE LEASE?
what is Derivative Documentation,Derivative Settlements,Derivative confirmation?
what is absorbtion coasting?
Hello... i am looking jobs in investment banking, derivates and BRS and i apply nakuri,Timesjobs and monster. But i did not get the job. so if websites and ID. Please help me.. Thanking u...
Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry
Expand SCERT
WHAT ARE EQUITY SECURITIES?
what is difference between account and accounting
What are the types of journal categories available in the Oracle AP?
purchase car from toyota innova 50000 cheque from one firm and 449893 from other firm.... and 1350000 loan saction from kotak mahindra.....how can entry make with interest
