Accounting entry
This query is : Resolved
17 May 2014
accounting entry for loss in pvt ltd in the second yrae of incorporation
17 May 2014
What type of loss? If it arise from Profit n Loss A/c then:-
Net Loss Dr
To P& L A/c.
If others plz elaborate.
Net Loss Dr
To P& L A/c.
If others plz elaborate.
18 May 2014
why you have pass the entry? it will automatically get carried over as net balance in profit & loss A/c
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