THE DEBIT BALANCE OF THE P&L A/C IS SHOWN IN WHICH COLUMN
OF BALANCE SHEET
Answer Posted / vijay gawalkar
Always the Debit Balance of P&L A/c. Should be shown under
the Head "Reserve and Surplus" on the Liabilites side. For
more details you can check Schedule VI of Companies Act
1956.
| Is This Answer Correct ? | 30 Yes | 28 No |
Post New Answer View All Answers
What is Going Concern, What is Dual Entry , What is Business entity and what are the names of Stock exchanges and currency of some countries, stock market related questions, Exchange rates, Banks and other informations
Total numbers of companies listed on stock Exchange?
EXPAND_________TOEFEL
What z d diff of accounting principle,accounting standard,accounting rules,accounting procedures,accounting concepts??????
Is TDS applicable to Voice Over IP(VOIP) service to an India VOIP service provider? please provide the related acts and case studies.
Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?
send me accounting test ppaers
Is commodities transaction tax a permissible business expenditure? Explain
what are the type of cash flows?
How can a shopkeeper maintain the daily data in tally
what is the difference between sap and sas?
Explain about Fluctuating Capital
What is difference between cash flow and funds flow?
what is cnc machine hour rate? how it is calculated?
What are the stages involved while preparing business blue print with examples?