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Mention all examples of Assets and Liabilities in a Balance Sheet?
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Answer / sivaparvathi
Assets in balance-sheet are broadly three types
1. Fixed assets
Eg: land &building, Plant&machinery,furniture etc.
2.Current Assets:
Eg: stock, cash at hand, cash at bank,bills receivable,debtors,pre paid exp.etc.
3.Fictitious Assets:
Eg:goodwill, patents etc.
Liabilities in balance sheet are 2types:
long term liabilities:
Eg:capital,shareholder equity,debenture etc.
short term liability;
Eg:bank loans, bank od, creditors, bills payable etc.
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Answer / deepashree p
fixed assets - land & building ,plant & machinery ,good will ,patents,copy writes
current assets - cash in hand , debtors , bad debt ,cash at bank
fictious assets - miselenious expenditure ,discount on expenditure
liabilites
share capltal
reserves & surplus
creditors
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At Assets Side
Cash Balance
Bank Balance
Closing Stock
Customer Receivables
At Liabilities
Bank Od
Sundry Creditors /Outsider Payable s
Any Provision/Outstanding
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how to see the resluts of the bank clerical exams? can someone help me on tis.. i've written oriental bank of commerce but not able to know my resluts...
0 Answers Oriental Bank Of Commerce,
Actually we had Posted P.V.C bills to Indian Railway the total bills amount is Rs.10,00,000/-, and government had passed only Rs. 8,00,000/- and gov. had said that there are no more P.V.c bills are lying outstanding in their a/c, so for now are claiming Rs. 2,00,000/- as loss on sale, i m totally confused what would be the impact on the Profit and loss a/c , and in which group it will come,if I do a entry of:- dr. Central sale @12.5% a/c Rs.2,00,00/- Cr. Loss on sale a/c Rs.2,00,000/- or Will i adjust the Cst@12.5% on Pricipal Value, or will i pass on the entry on total amount i.e Rs.2,00,00/- Plz guide,me soon.
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