do you have debit and credit in balance sheet

Answers were Sorted based on User's Feedback



do you have debit and credit in balance sheet..

Answer / ramesh

balance sheet is a statement so there is no debit &credit
balances

Is This Answer Correct ?    16 Yes 1 No

do you have debit and credit in balance sheet..

Answer / om. maliya

NO ! We can not say that. But Balance Sheet has always
divided in two parts One is LHS has LAIBILITES and RHS has
ASSESTS. All credit entry which has not included in P & L
A/c comes in balance sheet laibilities side. same all
debit entry which has not included in P & L a/c comes in
assests side.

Is This Answer Correct ?    9 Yes 2 No

do you have debit and credit in balance sheet..

Answer / kdr

no,balance sheet consists of two parts they are liabilities
and assets.but not debit and credit

Is This Answer Correct ?    4 Yes 1 No

do you have debit and credit in balance sheet..

Answer / shubhansh

No, Only Assets & Liabilities. All Personal Accounts are
shown

Is This Answer Correct ?    4 Yes 2 No

do you have debit and credit in balance sheet..

Answer / sandeep kasturi

Balance sheet is a statement showing all the assests and
liabilities of a business concern.Balance sheet is a
statement and it is not an account,So in an account where
you can find both the aspects i.e.,debit and credit.but in
balance sheet you can't find debit and credit except
assests and liabilities.

Is This Answer Correct ?    4 Yes 2 No

do you have debit and credit in balance sheet..

Answer / ram

No, becoz balance sheet is a statement which describes the
financial Position of a firm / company. It contains LHS
Liabilities and RHS ASSETS. debit and credit is there only
tail balance & profit and loss a/c.

Is This Answer Correct ?    2 Yes 0 No

do you have debit and credit in balance sheet..

Answer / amrit

no. Asset & Liability

Is This Answer Correct ?    2 Yes 1 No

do you have debit and credit in balance sheet..

Answer / gurumoorthy

No!
Debit and credit balances are shown in Trail Balance, not
in balance sheet.
In balance sheet, assets and liabilities are shown.

Is This Answer Correct ?    2 Yes 1 No

do you have debit and credit in balance sheet..

Answer / tilu

No balance sheet do not have any debit and credit, instead
it have Asset side and the Liability side. Debit and credit
is there in Trial Balance.

Is This Answer Correct ?    1 Yes 0 No

do you have debit and credit in balance sheet..

Answer / shankar

There is No Debit & Credit in Balance Sheet

Is This Answer Correct ?    1 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

Fill in the blank Profits capital

2 Answers  


what is the difference between capital income and capital receipt?

1 Answers   Reliance,


what is mean by credit purchase?

1 Answers  


retained earnings will change over time due to what factors, retained earnings will increase.

1 Answers   Genpact,


What is the basic difference between pledge, hypothication and mortgage????

0 Answers  






what is reconciliation

9 Answers  


What do u mean by CTC.

4 Answers   TATA,


Where the Cost of labour, Material used and sales scrap (if sales given)get effect in balance sheet

0 Answers  


What is standing order

2 Answers  


capitla budgeting

1 Answers   FactSet Systems,


what is delapidation?

3 Answers   CA,


How can entry made if loan transfer from reliance to tata finance

2 Answers   KMS,


Categories