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.

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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