What will be the position of the owener of the company?If
the company liablites are more than company assets .
a. solvent
b. insolvent
c. profitable
d. liquidity

Answer Posted / chandrasekhar

insolvent

Is This Answer Correct ?    16 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .

1501


How do you manage the sales account in tally

1585


What is ABC Analysis in industrial function. hw can it s maintain ?

1761


i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR???

1512


what is purchase consideration? How does it come about and how is it treated in the books?

2056






with out college degree con't we dc accounting job?

1596


During Cutover Activities of New SAP Implementing Company what we have upload for Closed Fiscal year (that means Legasy to SAP ) Balance sheet or Trial Balance , What is the difference of the Both?

1508


I have been interview in next week my posting is accounts officer i have be manage with AP,AR,BRS and GL what Books i have read.

1574


difference between contra entry and double entry?

2571


how to make a project accounting in tally erp9 ?

6283


what is payment method?How many payment method we can assign to company code.

1252


what is a depository?

2342


is there any chance for confilcts between an accountant and a sales executive ? If yes how do you resolve the same as an accountant ?

1595


Please explain a Representative Personal Account.

1624


what are all the formulas used in bank to calculate their economy

1605