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Statement Of P&L

Accountancy

Sir, why we are not adding back "Non cash expenses" after PAT in statement of P&L as we do in FM ?

IMG_20201222_133928.jpg

Madhaan S

Madhaan S

CA Final

14K+

22-Dec-20 13:42

370

Answers (2)

Best Answer

Because we are computing profits and not cash profits.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

22-Dec-20 15:41

Oh ok. Thankyou sir


Thread Starter

Madhaan S

Madhaan S

CA Final

14K+

22-Dec-20 16:52

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