P&L A/c is prepared for the Business Organization whose aim
is to earn profit by running business whereas Income &
Expenditure A/c is prepared for the non-Profit
Organization,Trusts etc............
How to Improve Spoken English (Without a Speaking Partner!): 14 Incredible Methods
1. Think in English Sometimes the difficult thing about English speaking isn’t the language itself, but how you think about it. If yo...
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Financial planning Financial planning means to prepare the financial plan. OR Financial planning is the task of determining how a busi... -
A: Initially, there is no impact (income statement); cash goes down, while PP&E goes up (balance sheet), and the purchase of PP&...
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Budget Budgeting is the process of translating plans, informed by forecasts, into daily business operations. Managers budget by using ...
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