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do you have debit and credit in balance sheet
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Answer / ramesh
balance sheet is a statement so there is no debit &credit
balances
| Is This Answer Correct ? | 16 Yes | 1 No |
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 |
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 |
Answer / shubhansh
No, Only Assets & Liabilities. All Personal Accounts are
shown
| Is This Answer Correct ? | 4 Yes | 2 No |
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 |
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 |
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 |
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 |
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