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Balance sheet

Accountancy

answered on 05-Mar-21 11:31

In my college my teachers says if we get net profit add to capital and if we get net loss subtract from capital.till date no one has clarified me why should we add to capital if we get net profit.or why should we subtract capital if we get net loss.please you must only clarify this point sir.

latest answer

Thanks sir

Shreesha .T.u

CA Foundation

★ 2K+

306

RCM

Indirect Taxation

answered on 04-Mar-21 12:46

In RCM both these entries are not covered in the lecture

latest answer

Thankyou ma'am!

Priyanka Udeshi

CA Final

★ 14K+

296

TDS revised return

Direct Taxation

answered on 04-Mar-21 12:59

How to get PRN of original return of TDS ,if documents are not avilable for revised return?

latest answer

What is the query

Gopireddy Damodharreddy

CA Inter

★ 2K+

321

Doubt

Maths & Stats

answered on 04-Mar-21 20:23

Sir how to identify which problem is sinking fund method ,future value of annuity,present value of annuity, leasing in exam

latest answer

OK sir thank you sir

sai t

CA Foundation

★ 2K+

278

Statistical presentation of data

Maths & Stats

answered on 04-Mar-21 08:38

Annual income of a person is which variable ?

latest answer

It's a discrete variable

Amisha Mahajan

CA Foundation

★ 2K+

310

Doubt

Exams

answered on 03-Mar-21 20:19

Sir , whether icai examiners check our rough work especially for objective maths paper..means how i drive ans.ofany question or just check the objectives only...

latest answer

No.. Only omr

Amisha Mahajan

CA Foundation

★ 2K+

330

Law

Others

answered on 04-Mar-21 08:39

Will there be any amendments in this subjects near exam?

latest answer