"Sheet" and "Account"
This query is : Resolved
06 April 2009
Why is it that P & L is called P & L account - a "Account"
and
Balance sheet - a "Sheet"?
Why not vce versa?
Thanks
Anil.
and
Balance sheet - a "Sheet"?
Why not vce versa?
Thanks
Anil.
06 April 2009
Do you learn better if you work through problems yourself?
You don’t have to listen to a boring lecture. Our teacher will guide you through the problem-solving.
Learning on an interactive platform using examples and illustrations that will keep you interested
Travel and holidays need not be an issue- you can access online tutoring anywhere and at anytime.
For more detail contact :
jaygulani@yahoo.co.in or dial 09424515253
You don’t have to listen to a boring lecture. Our teacher will guide you through the problem-solving.
Learning on an interactive platform using examples and illustrations that will keep you interested
Travel and holidays need not be an issue- you can access online tutoring anywhere and at anytime.
For more detail contact :
jaygulani@yahoo.co.in or dial 09424515253
07 April 2009
b/s is sheet which shows the status of company as on that date...i mean financial status
and p&l is account as its for the year and which gives us the figure of profit...
and p&l is account as its for the year and which gives us the figure of profit...
07 April 2009
B/S shows the finalcial position of a business ( a sheet describing the status of firm )
P& a/c is the transfer of accounts a the end of the year to know the profit or los occured by the firm ..
P& a/c is the transfer of accounts a the end of the year to know the profit or los occured by the firm ..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- SFT Cash Deposit in Current Account
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
