P & l

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 March 2012 Hi i would like know is there any item or so which appears in profit loss account and not in balance sheet.

26 March 2012 There are many items which appears in profit &loss a/c but not in B/S. For example salary paid, Rent paid etc.
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26 March 2012 All expenses items appear in P & L A/c and not in Balance Sheet.




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