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 should we prepare profit

Answer Posted / j0ydeep shee

The main purpose of preparing a profit and loss
appropriation account is to distribution of profits.
It basically depicts the distribution of profits into
various channels in the form of general reserves, interim
dividend, preference dividend & proposed dividend.. On one
hand it projects that how much the company is retaining its
profits for the future growth of the business or the
company & on the other hand it also shows how much the
company is paying dividend to its shareholders so that the
value of the company is been maximised..

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is ledger account

2097


Hello... i am looking jobs in investment banking, derivates and BRS and i apply nakuri,Timesjobs and monster. But i did not get the job. so if websites and ID. Please help me.. Thanking u...

2159


what is Rectification of Errors ?

2232


i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR???

1935


What is TDS entry for a Firm? as previous years TDS is shown as opening balance in the books of the firm in current year and i don,t want in C.Y as its claimed in the Computation of Previous Years???? So what is the A/C ing entry

2104


why do you think you are sutable candidate for this post

2119


How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.

2379


If a bank lends money to FFMC's for working capital requirement, whether the Bank can have charge on the currencies FFMC deal/exchange, by way of hypothecation or is it just a clean loan.

2200


what is absorbtion coasting?

2282


Why are there 30 blue-chip companies only considered in bombay stock exchange.And why those thirty only effect the sensex

2128


how to calculate IT? if bank intrest:1036 , long term capital gain:448841 short term capital gain :894 , income from rent 225000, and income from other source 347478, Advance tax paid 25000,lic 101508, medicliam 6990 and tds recd.25000

2136


Is interest of a business unit Operating Expense or Non Operating Expense

1883


Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1887


what s BSPL and its significance?

4063


How can I find out my credit rating score for free?

2077