Interested to Buy Any Domain ? << Click Here >> for more details...
why Balance sheet tally, why the Liabilities and Assets
will always equal.(for a business man how does it helpful,
if liabilities and assets are equal)?????
Hope I will get the accurate answer
Thanks in Advance.
- 2 Answers
- 7418 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / jagruti s.
This is because of Double Entry System of Accounting.In
Double Entry System,each transaction of business is
recorded giving equal effect to Debit and Credit sides of
Account.In other words,each transaction effects two or more
A/c(s) with equal Dr. and Cr. and so Ballance sheet tally
and the liabilities and assets will always equal.
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / john
bcoz v always use in accounting entry in debit and credit amount equal so the final account balance is equal
| Is This Answer Correct ? | 3 Yes | 2 No |
what is the concept of finance accounting?
Short answer on Allowances
why do think you are best candicate for this post.
whatisthe internal audit? and exteranal audit?
when assessing the credit proposal of a prospective borrower if he gets internal rating below the hurdle rate what will you suggest as a banker
EXPAND_________SRC
expand I T C
What is Meany By MIS Report?What are things covered in the report?
33 Answers Axis Bank, ChemLine, College School Exams Tests, Crisil, HCL, Pioneer NF Forgings, Ram Infotech, Robust Silicons, Suzlon,
What is the Difference between Rectification of Errors and Adjustment Entry ?
Is TDS applicable to Voice Over IP(VOIP) service to an India VOIP service provider? please provide the related acts and case studies.
Short Answer on __________Trade
Name the Accounting Concepts
Audit 
