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Trading, P&L and Balance Sheet using COBOL
Posted by Jacob T Paul & Reghunath, M.E.S.College Marampally
on 26/06/2008 updated on 26/06/2008
A short description:
(Adobe Reader is required to see the answers)
This program gives you the importants of Trading A/C, Profit & Loss A/C and Balance Sheet and the objectives of preparing the Blance Sheet. It accepts amounts for various accounts and finally it will automatically calculate the Gross Profit/Loss and Net Profit/Loss by preparing Trading A/C and Profit & Loss A/C. It will show the financial position by preparing Balance Sheet.
ac.cob
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