What are all the items come under P&L and Balance sheet?

Answer Posted / vinotha.v

ALL EXPENDITURE & LOSS, ALL INCOME & GAIN. THIS ITEM COMES
TO PROFIT & LOSS A/C.

ALL ASSETS & LIABLITIES COMES TO BALANCE SHEET.

OUTSTNDING COMES UNDER P & L A/C AND B/S.

Is This Answer Correct ?    140 Yes 26 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

someone plz plz plzz.. send me the sample papers for SBI clerical xams... i need it very badly..

2053


HOW TO CALCULATE ESI,P.F,VAT,I.TAX,EXCISE,C.S.T.REFUND CLAIM, E.T.C. IF YOU KNOW ANY OF THIS PLASE REPLY

8681


We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?

1607


EXPAND___________INMA

1537


What is Merchandising Accounting process

1609






Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it

1458


Short Answer on __________Event

1557


Expand-----RTD

1603


ER-1, ER-2,ER-3,ER-4,ER-5,ER-6,ER-7 plz tell me use of these excise form

1369


Where the Cost of labour, Material used and sales scrap (if sales given)get effect in balance sheet

1580


Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.

973


Give me total Details of payroll calculation, payslip with examples.

2254


What are the Types of invoices batching? & what is 3 way batch?

1702


how to mention last year profit of ay private limited company in current year balance sheet ?

821


Since minority interest is balance sheet item, and got brought foward figure, how to disclose brought forward figure in consolidation work sheet instead of we make adjustment on current year to show their share in subsidiary.

1546