Presentation of Accounts

profit & loss account (Above the line )

Hi sandip,

Mostly the expenditures spent for administration, office, sales, marketing any other provisions for dues and other government dues appear in P&L above the line. And items in the nature of appropriations resulting effect in balance sheet like Transfer to General reserve, Dividend equalisation reserve, provison for dividend, etc.. will appear in P&L below the line (latter has resulting effect in Balance Sheet).