Interested to Buy Any Domain ? << Click Here >> for more details...
Hi,
We want to know about Balance Sheet, and what is main need
for preparation of B/s
- 1 Answers
- 5171 Views
- Bank Of America, Bank Of India, I also Faced
- E-Mail Answers
Answer / h.r. sreepada bhagi
Balance Sheet is the statement of Assets & Liabilities of an enterprise/organisation as at the end of an accounting period (month/quarter/half year/year). This is prepared after preparing the Profit & Loss Account for the period ended on that date know the position of the enterprise concerned. Besides Assets & external liabilities, Balance Sheet also shows the capital or the owners equity. Balance Sheet is a must for complying with the statutory requirements besides the management requirements.
| Is This Answer Correct ? | 21 Yes | 2 No |
Which books are helpful for practising accounting's most tricky sums?
accounting procedure
Why do you choose Auditing ?
If the wording of a governing document of a non-company charity requires accounts to be audited, does this mean statutory audit?
During the year a firm has received TDS of Rs.30 lakhs and out of this an amount of Rs.9 lakhs was adjusted against the taxes. However, in the balance sheet under the head assets,the firm shown Rs.30 lakhs towards TDS. Is it correct. In my openion, in the balance sheet, the assessee has to show only Rs.21 lakhs as asset in the balance sheet, after reducing the tax adjustemnt of Rs.9 lakhs. Pl. Clarify.
whether in the case of BIFR scheme the non payment of dividend FOR MORE than 7 years shall go in the Dividend Equalisation fund/ Investors Protection fund
what is the balance sheet
what percent of wages calculate from sales of a firm (registered under manufacturing of machinery spares) sales (appr)- RS.10000000/-
What duty to auditors and independent examiner have to report problems to the Commission ?
what is the process of Form H ?
what is credit limit ?
What is a voucher????
Audit 
