THE DEBIT BALANCE OF THE P&L A/C IS SHOWN IN WHICH COLUMN
OF BALANCE SHEET

Answer Posted / sai bhaskar reddy.bandi

the debit balnce of profit&loss account indicates net
loss , hence it can be shown at assets side of balance
sheet under miscellaneous expenses.

Is This Answer Correct ?    14 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the difference between Tally ERP and SAP FI ECC?

1998


sir,how to get strong position in finance .how to get good position in company. qulification.Msc,MBA

1697


what do you mean by jounal voucher? Jounal entry for dishonored cheque can be possible thruogh jv?

1721


what is meant by transposition error

1582


Hi, If I am placing the order in amazon on behalf of the customer who place the order in other e-commerce application in which If I mention the billing address of the customer and goods will be delivered to the customer from amazon ,and other E-commerce site will deduct their commission on the certain % and make the payment to me on some what profit at that time how should maintain my books of account..??

936






In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected

1672


EXPAND_________SEB

1562


You placed an Order for some books but it was not delivered on time or the books were damaged, so are write Complaint Letter to the Shopkeeper about it.

1755


what is book profit

1730


can any one tell me what kind of qns are asked in gail entrance test. i m apearing for the exam of accounts & finance. please let me know the ans on my id pragneshmall1@gmail.com

1497


i have working in contruction company i want billing outside delhi pls. tell me can i bill with tax invoice party provide tin no.

1576


why should the company give first perference to the perference shareholders?

2000


How can someone prepared for Syndicate Bank Interviw? Do interviewer going to ask any aptitude questions or will it be similar to other PO Interviews? Answers solicited..

1528


Hello Frd's This is Mohd NaseerUddin. Is Anyone can help me out to findout a Accounting Peachtree 7.2 note's aswel as Focus notes also Plsssssss helpme out to find it. My E-mail id is mohd_naseeruddin43@yahoo.com

1546


What is Merchandising Accounting process

1604