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
- 20924 Views
- I also Faced
- E-Mail Answers
Answer Posted / keyul gandhi
Dear Mr. Venu
Profit of the company is a liabilility because this profit
need to be distributed to the partnes or share holders or
to the porpritor, which is not yet done
when we prepare final accounts we just arrive at the proft
figure and not the actual distribution of the profit.
Thanks
| Is This Answer Correct ? | 12 Yes | 3 No |
Post New Answer View All Answers
HOW TO CALCULATE ESI,P.F,VAT,I.TAX,EXCISE,C.S.T.REFUND CLAIM, E.T.C. IF YOU KNOW ANY OF THIS PLASE REPLY
What is the Assets & Liabilities?
how to work on CMA form in manufacturing compay as well as how to analysis working capital ?
what is the difference between Tally ERP and SAP FI ECC?
What is Acquisition?
Clasify Loss
We are working as Merchant Exporter. My Question is can we Sale the products against 'H' Form to the Exporter after purchasing the material against 'C' Form? Or only Manufacturer can make sale against 'H' Form.
DESCIBE EXPORT PROCEDURE
What is the Technology used to carry out trades?
What is a bad credit score?
why would you like to opt nbp
What is Direct Debit
Whether the TIN and CST no. remain same for a firm in M.P. state. If a firm ask for CST but having only TIN no. is it correct to entertain his invoice?
You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
i have working in contruction company i want billing outside delhi pls. tell me can i bill with tax invoice party provide tin no.
