query about capital profit & capital losses !

A/c entries 768 views 4 replies

Hello !

   here , im new member i have a accounting question please solve it .

what is the accounting entries of capital profit & capital losses and why we use in accounts and which Accounting Standard is belong to.

please seniors.

regards

sandeep dadhich

 

Replies (4)

Capital profits and losses are those which cannot be recognised to be pertaining to one year.......and to be spreaded over to a substantial utilisation period......like they may be used to increase/decrease the asset value...depending on the situation........the words are variedly used in AS-9,10,13,14.....etc.....

Originally posted by : Swetha

Capital profits and losses are those which cannot be recognised to be pertaining to one year.......and to be spreaded over to a substantial utilisation period......like they may be used to increase/decrease the asset value...depending on the situation........the words are variedly used in AS-9,10,13,14.....etc.....

thanks swetha G,

could u expalin me elaborately with accounting entries with example.

any one please !

regards

no body can answer my question ?

what is the accounting entries ?

 

no body can answer my question ?

what is the accounting entries ?

 


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