Accountancy, asked by mahantasanju2019, 8 months ago

when does profit and loss account show net profit ?

Answers

Answered by pankajphulwalkp8ej6t

1

The profit and loss a/c shows net profit when the account shows credit balance.

Previous Question

Next Question

Similar questions

English, 4 months ago

Tony knew Mumbai so well because he had visited the city several times identify the tense and state it’s kind...

Hindi, 4 months ago

(क) चिड़िया और माधव दास के मनोभावों में क्या अंतर था?

Math, 4 months ago

EXERCISE 1.1 Using appropriate properties find. 2 3 5 3 1 x + X 3 5 2 5 6 . (1) 1 X TTT 11 c...

Math, 8 months ago

Find the cost of fencing a rectangular park of length 55m and breadth 37.5 m at the rate of 8 per meter...

Math, 8 months ago

a rhombus has the same perimeter as the circumference of the circle. if each side of the Rhombus measure 33 cm find the radius of the circle...

Physics, 10 months ago

can anyone provide me a picture of extramarks 10th class science book.plz its urgent i urgently need these questions if u have so plese give me pictures of chapter magnetic effect of electric current...

Math, 10 months ago

What percent of 125g is 2.5kg...

History, 10 months ago

explain what was blandongdiensten?