Interested to Buy Any Domain ? << Click Here >> for more details...
why all the people prepared balance sheet like liabilities
and assets ? why not we prepared like assets and liabilities
- 2 Answers
- 5162 Views
- CTS, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / shilpa solanke
DEBIT SIDE WE ALWAYS RECORDED EXOENSES & CREDIT SIDE INCOME
THEN HOW WE CHANGE PLACE TO DEBIT SIDE ASSETS & CREDIT SIDE
SIDE LIABILITIES.CAUSE ASSETS IS A INCOME & LIABILITIES
EXPENSES OR CAPITAL
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / arbind kumar pandey
It can be written. If we write debit in place of credit and credit in place of debit the result will be same but we write accounting in the earlier form because it is accepted conception.
| Is This Answer Correct ? | 1 Yes | 1 No |
A company maintains a margin of safety of 25% on its current sales and earns a profit of Rs. 30 lakhs per annum. If the company has a profit volume (P/V) ratio of 40%, its current sales amount to A. Rs. 200 lakhs; B. Rs. 300 lakhs; C. Rs. 325 lakhs; D. None of the above.
most recently asked questions
Expand ________GST
What is debit side of dividend?
what is the step in preparing the schedule of audit? can someone explain for me?
Who is called consignor
Credit Purchase entry
Expand---------PSRT
how to attract the HR person and give me tips
23 Answers Bajaj Capital, BPO, Brigade, EDS, HCL, Infosys, Sitel, Wipro,
EXPAND_______________TOT
Dear Sir, i am working automobiles manufacturing company. pls tell me following under head in tally 9.00:- Type of A/c= ledger under creat Sales = Sales Account Purchases= Purchase Account Excise Duty on Sales=???? Education & she=??? Cenvat on Purchase=??? HVat=???? CST=??? Excise P.L.A.=????? TDS=????? WCT=???
Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful
Audit 
