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Proforma of Profit and Loss Account Account



Proforma of Profit and Loss Account Account

Company Name
PROFIT AND LOSS ACCOUNT
For the Year Ended 31/03/2016 (01/04/2016 To 31/03/2017)
Dr.                                                                                                                                    Cr.
Particulars
Amount
Particulars
Amount
To Gross Loss
(Transfer From Trading  Account)
                                                                
To Indirect Expenses
For Example –
Office Rent
Salary Exp.
Audit Fees
Accounting Fees
Insurance
etc.

To Net Profit
(Transfer to Capital Account)
XXXX



XXXX











XXXX


By Gross Profit                    
(Transfer From Trading  Account)

By Indirect Income             
For Example -                        
Commission Receved         
Interest Received                  
Rent Receved                       
etc.



By Net Loss                          
(Transfer to Balance Sheet)
XXXX















XXXXX



Total Amount
XXXXX
Total Amount
XXXXX


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