What is I -Les? What is E-way Bill? What is GST R1, R2, R3? How to manage account data? What else do you do in the account? Why do they make bills and what is it for them?

Question

Accepted Answer

I -Les is a term used in accounting to refer to the income statement.

I -Les stands for Income - Less Expenses.
It is a financial statement that shows a company's revenues, expenses, and net income or loss for a specific period.
It helps in evaluating the profitability and financial performance of a business.
Example: I -Les for the year 2020 shows a net income of $100,000.

Accepted Answer

If a new job comes in front of you, how will you learn and what will be your attitude towards the teacher?