Interested to Buy Any Domain ? << Click Here >> for more details...
Why we Add the net profit in the balance sheet ? Why we
shows profit in the liability side of the balance sheet?
- 12 Answers
- 20958 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / shikha
hii
We shown profit in the liablity side of balance sheet
because that profit has to be distributed among the
shareholder , owners of the company. We add profit with the
capital because capital is contributed by the owners and
owners shuold be very well aware of how much the net profit
the business have in a particular year.
| Is This Answer Correct ? | 0 Yes | 2 No |
Answer / ananth
the profit has to shown in the balance sheet asset side
only because it is the liability to the company andit has
to be yet distribute to the share holders if teh company
requires the finacial asistance then it may plough back its
profit to the business that's why we have to enter the
profit in the liability side of the balance sheet only
| Is This Answer Correct ? | 2 Yes | 5 No |
give the general entry for Depriciation of machinary
whether baddebts can be charged for sundry creditors
How can entry made if loan transfer from reliance to tata finance
what is cost accounting ?
6 Answers State Bank Of India SBI,
EXPAND___________LAN
Can someone tell me about SAP FI/CO test questions?WHat are the main things we must know?
State why you feel you are suitable candidate for the post applied
Please let me know the journal entry for the below. "A" paid Rs.100 to "C" on behalf of "B"
Do assets have to be analysed between funds?
what is assessment? how many types of assessment will be there? and what is the documents and preparations for sales tax, service tax assessments??
explain sales/purchase accounting?
Can anybody send me Interview questions & Answers to me IN Accounts & finance my Mail ID - razvinotes@yahoo.com
Audit 
