Answer / pravin kamble

Liabilities :- All the things for which we are suppose to
pay to sombody.

Asset :- All the the things for which we made investment &
we are receiving direct or indirect income.

Answer / urvashi sharma

assets are that things comapany owns

liability are that part of balance sheet which tells how
much a company has to payments

Answer / piramu

Liability means what are the source we are collect the fund
(fe)shares, Debenture, Loan from bank
we have to pay the moneny from the business income
the contributers will get the income by way of interest,
profit (who invest share's they are called owener)


Assets means how we are using the fund
where wear we invest the fund in order to effective utilse
the fund - through this only we can run the business and
get the profit

Answer / prof

assets are assets and others are liabilities

is surcharge diffrent from vat or surcharge is refundable or not

2 Answers  

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if sale is rs 500000 lac and book profit is around 40000 thousand, what is the procedure to pay salary to working partner.should is pay as per deed or should i go with slab in which i can pay 90% of book profit as salary

1 Answers  

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1)Why closing stock or stock always a positive balance is any reason for? 2)if i am working in IT company what is my Accrual?

1 Answers   Infosys,

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How can pass the entry stock goods loss by fire or theft

3 Answers   Accenture,

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What is Prorate Expenses in Accounts Payable

0 Answers   Accenture,

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what is the main defference between cash flow and funds flow

2 Answers   Chartered Accountant,

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can any one send me tally professional version link

0 Answers   XYZ,

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{in tally}in inventory info what is (stock group, stock categori, stock item,reorder levels) why we has to prepare them?

0 Answers  

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i have puchase a vehicle on 1st of jan 2006 for Rs 40000 and charegd depriciation @25% P.A and sold vehicle on 31st of dec,2009 RS 10000 what are the general entries related to this question.

3 Answers  

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When we are doing the reconciliation process in cash management please tell me what are the different status will happen and when will it happen. Please help me out.

0 Answers   Cap Gemini,

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What will be the journal entry in the case of Debit Memo and Credit Memo?

2 Answers  

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what is the diffrence between cash flow & cash fund?

0 Answers  

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