Both assets and liability aspects will provide proper profit or loss for the financial year of the business can be carried over to next upcoming year to do business with certain point of views.

Anonymous
2y

Yes after complete of  balance sheet can  carried forward balance over the upcoming next financial year.... Because it is opening balance for next financial year 

Sneha Parmar
2y

yes, after completeing the balancesheet. we can carry forward to the next upcoming year.

M SUVARNA
2y

Yes, the Profit and Loss carry forward for next financial year

Aditya prasad padhi
2y

Yes, that profit and loss are carried forward to next year.

 

Aditya prasad padhi
2y

Yes, that profit and loss are carried forward to next year.

 

Hareeshma Chinnu
3y

Profit or loss must be carry forward on next financial year

Selvakumaran A
3y

Either profit or loss must be carry forward to the next financial year

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Infosys Junior Accountant Interview Questions
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