Thursday, May 10, 2012

Describe the various Profit and Loss Accounts ?


Profit and Loss Accounts

It is prepared to calculate the net profit or net loss of the business for given accounting period.  As expected it is the summary of all income and expenses.

0 comments:

Post a Comment

Copyright © 2015 Accounting & Taxation All Right Reserved
Subscribe by Email Get Free Updates
Don't Forget To Join US Our Community
×
blogger