Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what should we do in case of a Partnership wen the Partners
capital account has debit balance???



what should we do in case of a Partnership wen the Partners capital account has debit balance???..

Answer / surabhi

debit balance of partner's capital account must be shown
on the asset side of the balance sheet because this is the
amount partners are supposed to bring into the business..

Is This Answer Correct ?    5 Yes 2 No

Post New Answer

More Audit Interview Questions

investigation vs audit

6 Answers  


what is mat calculation ?

2 Answers   HSBC,


Define Materiality Concept

7 Answers  


What is the motivation to join as an auditor @ Ernst and Young ?

0 Answers   Ernst Young,


I have received a sum of Rs.500 worth Bill from Vendor, which is relevent to 2004-05. But Outstanding Expenses not book during that Year? What is the Accounting Policies to book this expenses?

1 Answers  


Assume we have taken a vehicle on leasing Cost Of vehicle Rs.2445000 (vat 261964.00)on 22/12/09 ,the vecle lease for 4 years and made intial paymenent as Rs.25000 &the monthly leasing amount Rs.59806.00,pls let me know the double entries for this finacial year (with figers)

1 Answers   Fidelity,


During the time of Audit which matters will be kept in mind?

2 Answers  


What is caro 2004?

0 Answers  


If we miss a entry at journal can we find it in latter stage or in audit how can be find it

4 Answers   Ernst Young,


Expand---------PRSM

1 Answers  


what is accounting

11 Answers  


Why do you want to work in audit?

0 Answers   Ernst Young, Thomson Reuters,


Categories