Menu
Appropriation and adjustment accounts
What's the difference between P/L Appropriation and P/L Adjustment.Account...? And when are they prepared..?
Replies (2)
P&L Adj. A/c is prepared to rectify the errors found when the books of that year have been closed and P&l Appropriation A/c is prepared after preparing P& L A/c to appropriate the profit to reserves, owners etc
Thanks...a lot..ma'am..!!
Recent Topics :
- Police Bandobost and GST Invoice
- Understanding where manual effort goes in audit wo
- Scanned purchase bills to Tally XML with GST check
- TDS applicability of foreign remittance to Oracle
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
Related Topics :
CAclubindia
