If profit then we show liability side if loss then we show the assets sid

Where is Profit and Loss posted in a balance sheet?

Question Posted / bharat

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

Please Help Members By Posting Answers For Below Questions

Explain me the difference between public and private accounting?

1063

what are doucement required under registration of properity firm. give the answer breif

1972

can i material bill book in miro without vat on transport charges ?

2037

What is mean by working capital?

1098

Interest received 5,000 and still receivable Rs. 2,000 PLease give journal entry for this!

1446

When their is one pick point and four unloading places with in same district their is need to write four number of way biils

1801

Describe a time when you have not met your goal?

1004

Tell me what is the master account?

1116

What is good accounts Process & Execution capabilities?

2113

What is account in accounting?

1085

salary entry with briefly including pf,esi,employee advances -journal entry with against payment entry

1550

what is cost unit n what is cost sheet?

2179

What are the major components of country's trade account?

2952

is there is mentioned that we can adjust excess debtors with creditor in the stock statement while calculating Drawing Power

1625

1.Which type of records maintaing for Hotels and provision Stores. 2.in Which type of returns we are going to file. tell me whos know brefiely,,

1952