Why do call p&la/cas a P&l a/c ?, why not P{or}L a/c
Answer Posted / deepak mistry
at the time of drafting P&L a/c we are not in knowledge
that wheather at the end of accounting year there is loss
or profit with certainity. there may be loss or profit at
the end of A.Y
Is This Answer Correct ? | 2 Yes | 4 No |
Post New Answer View All Answers
what is Sums on Finalization of Accounts?
how to maintain stock if any entry mismatch pllzz tell me short cut
i have one question.when using fbra for reset clearing,message exchange rate different was posted and i have do reversalon the same time using fb08 but unfortunately i' m not authorize to use this transaction.my collegue only have.so how should i do.please advise
Expand-------MUR
distinquish between liquidity ratio and asset management ratio
Pls Explain Accounting Standered 1,3,11,29
give the details of overheads which are not included in costing
Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?
What is Hot Issue Income for Hedge Funds?
How the sub ledgers(AP, AR) integrate with GL liability and receivable
i am the student of icwai (intermidiate) What is the tds and how use the different state ..
Straight line method to using Indian company names
All shot cut key use in the tally software & it's uses
Sir,I want to be good in accounting .Now i have got an oppurtunity to work in accounts department but i am average in accounts.So how can i improve and work with effiency guide me with ur tips.
what is a Depository Participant?