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    rajesh576's Avatar
    rajesh576 Posts: 1, Reputation: 1
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    #1

    Jan 31, 2010, 10:46 PM
    If company makes loss in previous year what company will do in current year
    As per balance sheet and profit and loss account there is a loss in 2009,what will accountant do in the current year i.e.2010
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Feb 4, 2010, 10:27 PM

    Do about what? The loss from 2009 isn't directly affecting 2010. So do about what?
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