Financial statement for loss
This query is : Open
vinayakumar
(Querist)
22 March 2018
Hi. sir,
I am Vinay I need INCOME AND EXPENDITURE (LOSS) ACCOUNT FORMAT
I am Vinay I need INCOME AND EXPENDITURE (LOSS) ACCOUNT FORMAT
Nikhil Kaushik
(Expert)
22 March 2018
the format for P&L is same regardless of profit or loss. So just pick up any financial statement.
22 March 2018
Yes... I agreed to Mr Nikhil Kaushik Sir...
No more specific formats for Loss..
You can prepare PandL account and Your expenditure is more than Incomes then it's automatically fall under Loss...
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