Spurto Consultancy Services (Consultant) 05 January 2021
If you are talking about Previous year P/L balance entry to be made the pass the following:
Reserve & Surplus Account/Capital Account Dr.
To Profit & Loss A/c
sagar (Accountant) 06 January 2021
if partnership firm is having loss of 75000 in f. y 18-19 and there are three partners and want to take benifit in income tax in f. y. 2019-20 what are the entry to be done in accounting software and where to show in b/s or in p/l in current yaer
Krishna Chaudhary (Accountant) 08 January 2021
sagar (Accountant) 08 January 2021