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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.
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CA Bhuvnesh mittal

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CA Bhuvnesh mittal (Expert)
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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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
26 March 2012 All expenses items appear in P & L A/c and not in Balance Sheet.
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