DIFFERNCE BETWEEN TRADING ACCOUNT AND PandL ACCOUNT
- 2 Answers
- 5510 Views
- ITC Infotech, I also Faced
- E-Mail Answers
Answer Posted / alka jharbade
Trading account is also known as manufacturing account. All
direct expenses (like wages,opening stock, sales etc) comes
under the trading account.
Profit and Loss account is also known as Income and
Expenditure account. All indirect expenses are come under
p/l account.
| Is This Answer Correct ? | 12 Yes | 0 No |
Post New Answer View All Answers
What was use of tally erp 9? Types of vat?
is anybody attended interview in ernst&young for EMS PROCESS , pls let me know abt the written test and what type of report writing
what are the type of cash flows?
Explain significance of Nastro and Vastro in accounts?
Is WCT paid to be considered as overhead during costing in construction firm?
How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?
Anyone whose sbi interview has been over , please share all the question asked by them
What is Acquisition?
Who is called consignor
Dear all We have purchases the dialer & loger with all equipement for setup new call center from simens ltd. i taken to in our books as plant & machinary under fixed assets .So we want the rate of deprecation. Please answered me .
Mention some of the major contributions made by you in your present and previous jobs
What is the role oF Jr Financial Analyst ? And what are the General Questions Asked for this Profile For freshers ?
Can someone tell me about SAP FI/CO test questions?WHat are the main things we must know?
i am called for interview but im getting confused wt sort of questions i wd have to face,its a bank job and post is cash ofiicer please help me.
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
