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Profit and loss interview questions and answers
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MBA finance
Why are Profit and Loss Accounts prepared?
Profit and Loss Account is a period statement which is prepared to show the profit or loss incurred by the Organization…
What are the components of Profit and Loss Account? Explain them
Expenses and losses are shown on the debit side of Profit & Loss Account. Following is the list…
More Topics
General Accounting
Accounting Type
Journal
Expenditure
Ledger
Depreciation
Bank Reconciliation
Balance Sheet
Profit and Loss
Financial Accounting
Rectification of Errors
Cost Accountancy
Cost Element
Labour Cost
Material Cost
Overhead Cost
Marginal Costing
Standard Costing
Uniform Costing
Budgetary Control
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