Interested to Buy Any Domain ? << Click Here >> for more details...
Difference between Income & Expenditure A/c AND P/L a/c.
- 6 Answers
- 19423 Views
- HCL, Radico Khaitan, Siemens, I also Faced
- E-Mail Answers
Answer Posted / umer ali
Inc & Exp a/c.Its objective is to find SURPLUS or DEFICIT.Surplus means profit & Deficit means loss in income & expenditure a/c. P & L a/c finds PROFIT or LOSS.
| Is This Answer Correct ? | 4 Yes | 3 No |
Post New Answer View All Answers
The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry
what is an advance against expenses
What is Trade Recovery Estimate and how can we calculate it?
define bank Draft
what do u mean by arrear basic or arrear hra?
what is the difference between planned and non planned budgt
what is the difference between financial accouning and financial management?
if a person join company on 01-04-04. after 5 year he is resigned on 31-03-09 and date of leaving is 14-04-09. Is he is on under gratuity payable or not? he is completed 5 years on 31-03-09. what is basis on calcultion on final settlement is date of resignation or date of leaving whcih is on 14-04-09.
euro currency market
what is payment method?How many payment method we can assign to company code.
what is a reducing balance method and depreciation fund investment method and 2 diffrences?
what is absorbtion coasting?
What is corporate restructuring?
Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.
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...
