Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

why is it called profit and loss account why not profit or
loss account, ( u either get profit or loss )

Answer Posted / cr group

From Busineess Active ,you got profit from one activity ,loss from another activity so over all u got profit or loss

Is This Answer Correct ?    1 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Suppose the production is more and sales less then what will happen

1989


which are company offering jobs in PORTFOLIO MANAGEMENT ?

2317


WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?

2321


what is meant by virus

8353


can any one send me payables real time scenarious or any projects

2160


How can a company reduce profit

2067


How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?

2981


Short Answer on ___________Appreciation

2023


Short Answer on _______Appropriation

1973


How will be prepare invoice in tally, please tell me step by step

2865


what is an advance against expenses

3473


describe the most complex challenge that you have faced and how you managed it

2310


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 .

2330


What is the due date for filing monthly & annual sales tax returns in karanataka

3859


What is Budgeted capital ?

2052