Interested to Buy Any Domain ? << Click Here >> for more details...
why are capital account shown in liabilities side what is
meaning of capital account in balance sheet
- 2 Answers
- 14448 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / aditya k shrivastava ,indore
As per accounting principal bussiness and business man both
are have saprete entity.A business man start his business
with capital(cash,material or other thing. this capital is
a as loan(laibility) for a business.so capital is shown
laibilities side in B/s
| Is This Answer Correct ? | 35 Yes | 2 No |
Answer / savithri
When we startup business we have to open a a/c in bank
like OD, OCC or we have to deposit amt from our personal
a/c. bank OD R OCC is shortterm loan or longterm loan. All
bank term loan coming under liabilities a/c. so it is in
liabilities side of b/s.
| Is This Answer Correct ? | 3 Yes | 12 No |
In Accounting how many types of formulaes?
Why 2:1 is considered as ideal current ratio?
An accountant used the horizontal layout to create a balance sheet. The capital of the owner was shown next to the liabilities, the confused owner argues, "My capital is my major asset and should be shown as an asset on the statement of financial position. how to begin explaining the misunderstanding to him????
Hi, I attended an interview recently for the post of Accountant, where I underwent a account test. Now I got selected for the second round interview. I am sure that in the interview, they will review my test result. If I had made some mistakes in the test, how should I answer them?
Expand I C A I
sir, can u pls tel me about second round interview in state bank of india
1 Answers State Bank Of India SBI,
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected
what is EDP reports?
Short answer on____________Assessment Year
mutual funds invest in preference shares or not?
How many types of depreciation method do you know? name it.
13 Answers Delta Star, Ernst Young,
Audit 
