Where is Profit and Loss posted in a balance sheet?
- 8 Answers
- 35438 Views
- EXL, I also Faced
- E-Mail Answers
Answer Posted / guest
if loss has occur in business so it show in liabilities side
of balance sheet but if profit has occurred so it will show in
asset side of balance sheet.
| Is This Answer Correct ? | 19 Yes | 57 No |
Post New Answer View All Answers
What is the use of form D in sale tax
Can share warrants issued by the company be considered as potential equity shares? If yes, then will it be considered for calculating dilutive EPS?
What is the Project Accounting in case of Real Estate or Construction Co`s ?
how to geting finished goods cost with included it's all BOM and all production order cost in sap?
Tell me what is gaap?
Tell me what is ledger?
Sold goods to Gasha 600 by cash
Pass the journal entry: rent outstanding
Mention what is bank reconciliation?
wat is mass allocation and when it is used
What is double-entry accounting? Explain with an example?
What are accounting entities?
What is use of statistics in accounting?
rate of vat on gold purchase local & o.m.s. & rate of % in sale local & o.m.s.
How familiar are you with crm?
