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...

Is profit & loss account assets or liability?

Answer Posted / rahul

Profit & loss account is Liabilities.

Is This Answer Correct ?    7 Yes 8 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell me what is the equation for acid-test ratio in accounting?

897


how to individual capital account.

2301


Calculate the missing figures for company A. A Sales (TSR) (a) Total Variable Costs (TVC) (b) Total Fixed Costs (TFC) $24,000.00 Profit $0.00 Units Sold 1,000.00 Contribution Margin Per Unit (CMU) (c) Contribution Margin Ratio (CMR) (d) Break-Even Point (BEP) (Units) (e) Break-Even Point (BEP) (Dollars) $60,000.00

2093


What is the Project Accounting in case of Real Estate or Construction Co`s ?

2326


Explain what does the standard journal entry includes?

972


What are the difference between Debit Memorandum and Credit Memorandum?

1974


what is subscription order

1987


What is purchase returns accounting

1046


What is diffrence Between GPF and EPF?.. can anybody explain..?

2039


Sir i want to ask that if the salary above 6500/- than also pf deduct.

1932


my question is I am finance student I want to know which type of the question are asked by the interwier in interview.

1938


Is it legal for an organization to keep two sets of accounting records; one for tax and one for book? Why or why not?

2608


How did you chose your university?

1007


Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-

1831


What is accounting chart of accounts?

1062