what is the difference between cash flow and profit and
loss account?
Answer Posted / arun
Cash flow consists of only cash transactions both received and payments made of capital and revenue in nature whereas P&L a/c shows the expenses and incomes of revenue in nature, it includes accrued expenses and incomes as to find the profit or loss for that accounting year.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?
which Electrical items is Exciseible
What is the rate of basic excise duty and specific duty And I want to know that how can I see that vat rate in up ,excise duty and tds details Please tell me site plese
service tax form no ? What is CC Limit ? What is branch accounts?
Expand---------PDCB
hii,i was appeared in recruitment process of Catholic Syrian Bank.Interview question were general banking related... as what is crr,calling rate, current inflationrate etc
How & When We Calculate Deffered Tax... Please Give me Some Example.?
what is ZBA hold & balance hold in banking?
what is capital market and money market? what is primary market and secondary market?
What is the Accounts Payable & Accounts Receivable ?
how many types of practice accounts?
---------is the main or principle book of accounts
How do we return the loan in equal installments with interest in tally
Expand-------NABT
is there any chance for confilcts between an accountant and a sales executive ? If yes how do you resolve the same as an accountant ?