Capital is asset of the company. But why does it appear in
Liability side of the balance sheet.
Answer Posted / brijesh
according to companies law 1956 -company is a artificial
judicial person who is saparete from its members.Capital is
actually the assets of the members (called shareholders) so
members captal is liability for the company because it is
a obligation to the company to
repay the amount,so Capital comes under the Liability side.
| Is This Answer Correct ? | 41 Yes | 1 No |
Post New Answer View All Answers
objective of accounting
Expand---------PED
What is EBITDA
What is specific reserve
CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c
why are you selecting for the profitbulity analysis costing based& active based
We are a education institute based in chennai.if i purchase a product in chennai and i transfer it to our branch which is in bangalore. we don't have tin nos,Sales tax nos, cst nos. We have only service tax nos. what is the procedure.
what is your achievements?
what can increase gearing?
what is cost audit?
what is cnc machine hour rate? how it is calculated?
What are the duties of sales tax department? Explain it
Give some questiong with anser with are usally ask to the interviewer in interview. Please give answer with detail.
what is the entry for goods sent from one factory to another under inter branch transfer sale of the same compny and what should be the valuation for this purpose?
how can i make transaction related to inflation account in sap ?