Save Rs 499. Go Ad-Free with CAclubindia Pro for 2 Full Years. Subscribe Now!

banner_ad

Balance Sheet & Profit & Loss A/c

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

25 May 2011 Dear Experts,

I need the procedure for how to make balance sheet & profit & loss A/c

can any one help me pls

Suresha R (Expert)
Follow

25 May 2011 Proper procedure is as follows

1.Pass Journal Entries
2.Prepare Ledger Accounts
3.Trial Balance

4.Profit & Trading Account
find out gross profit from trading account & same to be transferred to profit and loss account then you need to find net profit & same to be transferred to b/s.

5.Balance Sheet
take all closing balance figures from trial balance/ledger account & tally balance sheet.

Pankaj Gandhi Jaiswal

Pankaj Gandhi Jaiswal (Expert)
Follow

06 June 2011 Please join any account classes or take services of CA

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member Senthil Kumar

Senthil Kumar

Pro Member NISHANT KATHURIA

NISHANT KATHURIA

Pro Member R NATARAJAN

R NATARAJAN

Pro Member Rakesh Bansal

Rakesh Bansal

Pro Member R Prabhudoss

R Prabhudoss

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

ARTICLESHIP 08 June 2026

Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details

09 June 2026

Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details

23 May 2026

Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details

22 May 2026

Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details

23 May 2026

Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details

Featured 26 May 2026

Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details

26 May 2026

Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details

10 June 2026

Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details