Where is Profit and Loss posted in a balance sheet?
Answer Posted / bharat
If profit then we show liability side if loss then we show
the assets side.
Is This Answer Correct ? | 30 Yes | 6 No |
Post New Answer View All Answers
please send me banking question on my email ID as I have been selected for state bank of india .my email ID is sawant.supriya51@gmail.com
What is the treatment of claim settled by insurance company but still receivable in profit and loss account
Knowing what you know now, walk me through what you would do differently to drive even more success?
What is use of subject history in banking?
Apportionment of expenses
Is there any circumstance where an accountant is allowed to depart from accounting standards while preparing financial statements? If yes explain why, if no explain no.
What do you mean by balancing of ledger account?
Explain what is the disadvantage of double entry system?
What is tally and its features?
A COMPANY IS SERVICE PROVIDE TO B CO. 100,000 AND CHARGED STAX 10000 TOTAL BILL RAISED 110000 AND RECIEVED 30% FROM B IN DECEMBER AND 40% RECIEVED IN 10JAN2011, BALANCE 40% RECD IN 10 FEB2011 WHAT WILL BE GENERATED ACCORDING ACCOUNTING PRENCIPLE OF BOTH SIDE (MEAN A &B) WITH REVANUE& PROVISION PLEASE TELL ME
what is the limit of cash payment in a manufacturing firm and job work related work and how much we paid to the job worker cash payment in financial year Aslam
What is liabilities and what all does include in current liabilities?
Mention your extra-curricular interests. Which do you actively pursue? How do you see these developing in the future?
At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.
Tell me where do generally accruals appear on the balance sheet?