Answer / subhash a.

Loss directly has no place in balance sheet.

It will appear in balance sheet only the accumulated balance
in profit & loss a/c is resulting in debit balance.
Then it will appear in right (assets) side under the group
of fictitious assets, below current assets group.

Answer / kiran kumar. r

if it is a sole proprietor concern then loss will appear in
balance sheet on liabilities side as deducted from capital

if it is a company balancesheet Assets side as P&L A/c Dr
balance.

Answer / maruthimuralidharan

Loss will appear in the Assets side of the Balance sheet under the last heading Miscellaneous Expenditure.

Answer / shweta

assets side under the head miscellaneous expenditures

my brother is out of country i have lost his bank passbook when i was going to bank for the entries is their essential to take duplicate pass book can my brother is present for this.

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what is liability

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What is Suspense Account?

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