Interested to Buy Any Domain ? << Click Here >> for more details...
Where is Profit and Loss posted in a balance sheet?
- 8 Answers
- 37680 Views
- EXL, I also Faced
- E-Mail Answers
Answer Posted / shashi
now under revised sch vi if profit then show it in liability
side and if loss then adjust it from reserve and surplus
| Is This Answer Correct ? | 7 Yes | 1 No |
Post New Answer View All Answers
How will service tax & excise be charged?
If assume we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now and how it possible? What about vat like tax setups in ap and ar? What about the sweep command in ap?
can we credit depreciation of the year to the general reserves in a balance sheet of that year? and also enlist some relevant documents or standards?
what is an ideal organisation
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
hi i want to run vendor debit memo after he paid all amount i want to give discount through miro i am giving the price and quantity and run in through miro the system will pass another two more line iteams extra and shwoing dr/cr balance +/- when i will increase the amount this is also increasing what is the reason i dont know please send me immediately
what is loan operations and what are the complete process form from making customer to closure of loan
Tell me an example of a tough decision that you had to make?
Explain what qualities and skills make an account manager successful?
what are the items falling under the category of reserves and surplus? whether bills of exchange is a reserves and surplus item 2.whther errors of omission will affect the trial balance
Expand ctc cheque?
List out some of the accrued expenses and the accounts in which you would record them?
How do I record a prior year property tax refund on sale of asset due to overvaluation
Which steps in Procurement to Pay process does FI documents get created.
Please help me in this entries Pass accounting entries for the following transaction in the books of XYZ company. A rendered professional service to company XYZ and sent an invoice dated 01/01/2016 for Rs 1,00,000/- + service tax Q1. Pass journal entry for the invoice received considering the service tax and TDS. Q2. Payment was made on 01/02/2016 by cheque. Pass payment entry.
