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What else can I help you with?
What is the difference between profit and loss account and profit and loss appropiation account?
Profit and loss accont is used to calculate the profit or loss of business while profit and loss appropriation account is used to allocate or distribute net income or loss to share holders or different reserves account.
Do provisions for loan loss go in the balance sheet or profit and loss?
Profit and Loss.
How do I Find the incremental profit or loss?
The incremental profit or loss is the change in profit or loss over the designated time period. After calculating the profit or loss, for example on a monthly basis, the delta between that and the average monthly profit or loss from the prior year can be determined.
What are the Advantages of a profit and loss statement?
what are the advantages of profit and loss statement?
Advantages of profit and loss?
Advantages of profit and loss? keep track of your profits
How do I calculate simple profit and loss?
Profit or loss = income - expenses. A positive number is profit, a negative number is loss.
What is the formula for calculating loss?
You calculate loss the same as you would do profit income minus expenses (outgoings) = profit/loss If the answer is negative then you are making a loss, if the answer is positive then you are making a profit.
What is the difference between profit and loss account and profit and loss appropiation account?
Profit and loss accont is used to calculate the profit or loss of business while profit and loss appropriation account is used to allocate or distribute net income or loss to share holders or different reserves account.
Which account you in 3 net loss?
The profit and loss account is the account that can be used to calculate the net loss.
How do you calculate net profit margin if there is net loss?
The Gross Profit Margin = Gross Profit/Revenue*100 regardless of weather the Gross Profit is positive or negative (a loss). Therefor, it is acceptable to have a negative Gross Profit Margin.
How do you calculate accounts up to profit an d loss?
purchese amount 100
Do provisions for loan loss go in the balance sheet or profit and loss?
Profit and Loss.
How do I Find the incremental profit or loss?
The incremental profit or loss is the change in profit or loss over the designated time period. After calculating the profit or loss, for example on a monthly basis, the delta between that and the average monthly profit or loss from the prior year can be determined.
What are the limitations of profit and loss account?
"What are the limitations of profit and loss account?"
What are the Advantages of a profit and loss statement?
what are the advantages of profit and loss statement?
Advantages and disadvantages of trading profit and loss account?
: Profit and loss account gives the actual information about net profit or net loss of the business for an accounting period, Profit and loss account gives the actual information about indirect expenses, Profit and loss account serves to show the ratio between net profit to sales, Profit and loss account helps in showing the ratio between net profit to operating expenses, Profit and loss account helps in controlling indirect expenses
What the benefits calculating loss and profit?
can c perfomence We can have many advantages and benefits by calculating the profit and the loss of the entrepreneur as below, 1. We can make future plans about the Organization according to the loss or the profit. 2. We can compare the situation of the Organization with other Organizations. 3. It is helpful to have new Investors for the company. 4. We can manage the Capital & other Assets according to the loss and the profit. 5. We should calculate the profit or the loss because it is a necessary requirement of the Accounting Law.
