16 April 2022
what to pass journal entry of loss or profit in the case of company books of accounts on 31st March. Loss 5,00,000/- Profit 10,00,000/- can i pass journal entry in the case of loss Reserve and surplus Account Dr. 5,00,000 To Profit and Loss Account In the case of Profit Profit and Loss account Dr 10,00,00 to Reserve and surplus Account
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