Earnings and Loss Account in Nepali || नाफा नोक्सान खाता || Remaining Account || Economical Account
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The closing account is well prepared by every business enterprise business at the close of an accounting interval.
Investing account is well prepared to establish gross earnings or gross reduction of the business.
Earnings and reduction account is well prepared to locate out internet earnings or a internet reduction of the business enterprise activities of the business.
Earnings and reduction appropriation (retained earnings) account is well prepared to show the provision built for dividend, transfer to reserve fund etcetera out of the internet earnings of the business.
The stability sheet exhibits the money situation of the business enterprise.
Earnings and reduction account is well prepared soon after making ready the trading account.
Gross earnings or reduction as shown by trading account is transferred to earnings and reduction account.
Under earnings and reduction account, costs related to administration, business, selling and distribution are recorded.
All the costs are debited and all the incomes are credited in this account.
From earnings and reduction account, internet earnings or internet reduction is calculated.
मनोरंजन र फरक समाचारका लागी तलको लिंकमा क्लिक गर्नुहोस:
For leisure and distinct news, simply click the hyperlink given under:
मनोरंजन एवं फरक समाचार के लिए निचे का लिंक में क्लिक कीजिए:
#ProfitAndLossAccount #FInalAccount #P&LAccount
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