Difference between Horizontal & Vertical Balance sheet
Answers were Sorted based on User's Feedback
Answer / gaurav khandelwal
VERICAL BALANCE SHEET IS REQUIRED AS PER SCHEDULE
VI ,HORIZNTOL IS VOLUNTARY
Is This Answer Correct ? | 23 Yes | 5 No |
Answer / shubham khandelwal
The important difference between vertical and horizontal balancesheet is vertical is for companies and horizontal for firms
Is This Answer Correct ? | 3 Yes | 7 No |
Answer / guest
The main difference between horizontal and vertical is that
in the vertical balance sheet the firstly we have taken the
fixed asset current assets and than miscelleous expenditure
in fixed assets side and in vertical is same as reverse.
In Liability side the in vertical we have taken the current
liability and than capital and horizental the reverse is
same.
Is This Answer Correct ? | 11 Yes | 19 No |
What is reserves
Differentiate between provision and reserve?
Whst is the formula for getting the GOODWILl ??
what is service tax
what is Vat c-4 form why using
Are all employess of Embassies and World Bank in India are exempt form paying service tax for personal and offical use of the services or only Dimplomats in case of Embassies and Selected emplyoees of World Bank are exempt from payeing Service Tax for personal/offical use
Explain about the accounting software "SAP" and discuss its advantanges.
Plastic money
what is the meaning of debit and credit
Tell us in accounting, how do you define premises?
How to treat company managers personal expenses met by company if he is not taking salary from company and in future salary will be payable after deducting all personal expenses (salary amt will be decided only at paying year). pass journal entries
What is RETURN OF ROC