How to calculate opening Balance of Profit and loss account
- 3 Answers
- 22134 Views
- Capital IQ, TCS, TSC, I also Faced
- E-Mail Answers
Answer Posted / shanakr
we can find the Opening Balance of Profit & Loss Account in Balance Sheet as Reserves & Surplus.
| Is This Answer Correct ? | 1 Yes | 3 No |
Post New Answer View All Answers
What is meant by public accounting?
Do you know what qualities and skills make an account manager successful?
WHAT IS THE LAST DATE OF HOUSE TAX SUBMITED , AND WHAT IS THE RATE OF HOUSE TAX ?WE PAID HOUSE TAX MCD OR ANY OTHER. PLEASE TELL ME.
Explain under what type of account does the unearned revenues fall?
we are a trading company providing devices and some times after sales service. when any defect came we just replace the hardware from another defective device and getting the payment from the customer. how can we account that? is there any tax implications for this?
What is the diffrent job&project accounting?
Define scrap value in accounting?
Scope and nature of Accounting
How to group the companies in tally?
A manufacturer want to sale his product in Rs 110/ where his manufacturing cost is 100.what will be tax for the product in different way.If he want to sale his product outside the state then what will be the taxation way. I want to know as urgent.Hope you will describe me as brakewise statement with example.
Difference between depreciation according to cost principle and matching principle
WHAT ARE THE LIMITATIONS FACING ACCOUNT CONCEPTS AND CONVENTIONS?
Sales tax waybill is required for how much value of invoice (for example we raise Rs.1000 bill is waybill required in andhra pradesh)
What is departmental accounting? Give an example
In tally when accounts with inventory ,when working in units of measurement under this after creating unit ,if we want to change the unit due to some mistake why does the cursor does not stop in the decimal field? And why the used units do not get deleted in the alter section?
