what is the difference between cash flow and profit and
loss account?
Answer Posted / rohit
cash flow shows only trasactions relating to cash wheather
of capital or revenue nature whereas p&l a/c shows all the
revenue transactions of current year wheather or not
realised in cash or not.
| Is This Answer Correct ? | 28 Yes | 8 No |
Post New Answer View All Answers
Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.
Hi Im Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Clerical post. Please help me I f u can. thanx in advance
what is sales life cycle???
what are the purpose for the preparation of cost centre ?
what type of questions are asking for fund administration???
what are the importance accounting entries for AP and AR process in interview..
What are the types of journal categories available in the Oracle AP?
Define Bill of Exchange
Is depreciation a expense or income?
Can anyone give comparative data of NPA(non performing assets) of nationalised banks or BANKS IN INDIA for the last 5-10 years if possible with bifurcation substandard doubtful loss asset
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
write about an e-mail to manager seeking permission for leave
What is meant by retiring Bill
what is the organisation chart for accounting and finance ?
What is Summarising