How to Read A Profit and Loss Statement

By:

Ramachandran

Material type: Text

TextPublication details: New Delhi TMH 2014Description: 108Subject(s):

Profit and Loss

DDC classification:

338.941706 R1406 H 104596

Contents:

Introduction 1. The Income Statement—An Introduction What is a Profit and Loss Statement? Importance of Income Statement 2. Accounting Principles Accounting Period Realization Principle Accrual Principle Matching Principle Assets that Become Expenses 3. Measurement of Income Revenue Expenses Classification Different Accounting Period Items 4. Preparation of Income Statement Account Various Types of Profit Form and Contents of Profit and Loss Account · Non-Operating Income/Other Income

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Holdings
Item type	Current library	Call number	Status	Barcode
Books	Prajna Pratishthanam Library General Stacks	338.941706 R1406 H 104596 (Browse shelf(Opens below))	Available	104596
Books	Prajna Pratishthanam Library General Stacks	338.941706 R1406 H 104596 (Browse shelf(Opens below))	Available	104597

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Previous	338.926 R1374 A 104936 The Alchemy of Empire:	338.927 K1312 B 102973 Business Interests and the Environmental Crisis	338.941706 R1406 H 104596 How to Read A Profit and Loss Statement	338.941706 R1406 H 104596 How to Read A Profit and Loss Statement	338.954 C3611 I 103741 Indian Economy:	338.954 R1451 I 103091 Indian Economy	338.954 Sh97 I 102040 Innovation in India :	Next

Similar to the earlier edition, various intriguing portions have been dealt with through amusing conversations infused with witty answers relating to P&L Statement. Additionally, the new edition elaborates on certain other equally important sections of the P&L Statement that were not addressed in such detail earlier.

Introduction

1. The Income Statement—An Introduction

What is a Profit and Loss Statement?
Importance of Income Statement
2. Accounting Principles

Accounting Period
Realization Principle
Accrual Principle
Matching Principle
Assets that Become Expenses
3. Measurement of Income

Revenue
Expenses
Classification
Different Accounting Period Items
4. Preparation of Income Statement

Account
Various Types of Profit
Form and Contents of Profit and Loss Account
· Non-Operating Income/Other Income

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