Interested to Buy Any Domain ? << Click Here >> for more details...
why the debit balane of p&l a/c shows in asset side of
balancesheet
- 6 Answers
- 23763 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answer Posted / bharadwaj
P&L debit balance means loss.
Why loss shown on assets side???
Ans always will be write off in future which means future
profit retained with company in the name of write off.
unless write off the profit is to be given to share holder,
as the profit is not given to share holders and retained n
future profits, P&l debit balance is treated as Asset
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
i want know how to calculate it in payroll please mail me the percentages using there ?
1.how can carry forward the balance of ledgers to the next financial year in tally erp 9
what is an advance against expenses
define holding company,public company, if the compnay be a public company what will the criteria? asked on 30/7/09
For how long should prepayments be carried in the books as fictitious asset and when is it ideal for a new coy to pay tax
What do you mean by Adjustment
what is internal audit
1.explain the accounting concepts ? 2.what are the objectives of preparing a trail balance ?
what are the suggestions to control NPA in rural areas?
which are company offering jobs in PORTFOLIO MANAGEMENT ?
Can any one explain me how profitability analysis s implemented in Sap & tell me which tables get effected by this... i want to know about copa_derive msgtypes also...
what do u mean by single error and double error in accointing errors?
What are the duties of sales tax department? Explain it
Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .
Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com
