Interested to Buy Any Domain ? << Click Here >> for more details...
Where is Profit and Loss posted in a balance sheet?
- 8 Answers
- 37692 Views
- EXL, I also Faced
- E-Mail Answers
Answer Posted / maruthimuralidharan
If the company earns profit then P&L A/c will appear in the liability side of the Balance sheet under the heading Reserves & Surplus.
if the company incurs loss the P&L A/c will appear in the Assets side of the Balance sheet under the last heading Miscellaneous expenditure.
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
When Iam entering sales in Tally ERP 9, It Is not reflecting in the stock, Why itt is happends like this ? I entered sales with delivery note Number, So think that is because it is not reflecting in Stocks, and when iam checking in the stocks its saying negative stock
Explain different branches of accounting?
what is the accounting treatment in tally of free goods received with goods purchased.
how to enter the tender refund amount in tally ?
A motor car purchased on 1 apr 10 worth rs 10000 taking a loan from bank of rs 8000. Emi will b 500 pm inclusive of interest rs 100 pm.all repayments are done by bank overdraft. Prepase bshEet & P&L as at 31 mar 10
In the absence of any provision in the partnership agreement, profits and losses are shared (a) In the ratio of capitals. (b) Equally. (c) In the ratio of loans given by them to the partnership firm. (d) None of the above.
Explain which account is responsible for interest payable?
What is mutual fund what is derivatives what is capital market what is TDS.breifly
plz can some one tel me "The concept of stock holder's equity and paid in capital".
what is the nature of profit and loss approprition account.which entity prepare this.
What are the two most important Factor that should be kept in mind when there is a buy back of shares in companies as per indian companies act,1956
Please note that all the question related to VAT is belongs to pune, maharashtra. waiting for quality reply.
iam working with tally ERP.9,but iam dont prepared reconciliation,trial balance,profit&loss,balance sheet etc.bcoz all these activicties done in head office.plz give me citeria where iam prepared.
Can we Put "TAX INVOICE" in the sale in Transit (E1) Invoice.
What does a demo/presentation need to be effective?
