18) Difference between Income & Expenditure and Profit and
Loss Account?
Answer Posted / bivek shah
income is salary whereas expenditure is loss
Is This Answer Correct ? | 1 Yes | 3 No |
Post New Answer View All Answers
if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?
i engaged with the accounts of manufacturing concern, i have a question when we purchased a fixed assets and after this we put the fuel in this for trial then this fuel is our also capital exp
What is specific reserve
1.tell about urself? 2.wt is BRS? 3.VAT? 4.Golden principle of accounting?
What is compensation theorem?
Explain significance of Nastro and Vastro in accounts?
Can anyone mail journal entries for me? my Mail id rukmini@live.in
what is futures and options?
legal accounting methods to reduce profit of a partnership firm so as to reduce the tax liability?
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
what is dividend? how do the use an accountancy?
A company produces and sells 12500 units of Commodity X at Rs 50 each. The variable cost of the production is 20 % of selling price. Fixed cost being Rs 100000 per annum. Calculate the PV ratio and BEP if. The selling price is reduced by 5 %. Fixed cost is increased by 2 lacs
Total numbers of companies listed on stock Exchange?
Hi, If I am placing the order in amazon on behalf of the customer who place the order in other e-commerce application in which If I mention the billing address of the customer and goods will be delivered to the customer from amazon ,and other E-commerce site will deduct their commission on the certain % and make the payment to me on some what profit at that time how should maintain my books of account..??
You have joined company yesterday then you are Appling B1 visa today. why so urgent.