Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Why net profit transfer to liablity side ?

Answer Posted / arun kumar

we have to transfer net profit to liablity side because it
is an expenses to the business.

Is This Answer Correct ?    1 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....

1913


what is the organisation chart for accounting and finance ?

2417


EXPAND_________SEC

2265


Ram, the proprietor brought additional capital of Rs 75000/- by pledging his wifes gold.pass entry

2287


For how long should prepayments be carried in the books as fictitious asset and when is it ideal for a new coy to pay tax

2140


Expand-------URM

2011


Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000

1796


Telly ERP9 is perfect accounting softwear in excise unit.

3800


what is the document spliting?

2148


is it necessasary to make a partnership deed

2989


DESCIBE EXPORT PROCEDURE

2084


hi to all i have also cleared sbi exam and my interview is on 26th may 2009.can any one help to prepare for interview

2094


what is your achievements?

2034


Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?

1122


Can any one explain me how profitability analysis s implemented in Sap & tell me which tables get effected by this... i want to know about copa_derive msgtypes also...

2384