Answer Posted / imran pathan
Profit is a liability because it is earned with the use of
investment made by shareholders, in case of company is not
distributed profit it should be shown in the liability side
of the balance sheet.
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
Why do accounts need adjusting entries?
What is disinvestment? Why is it done?
can you explain the dealer management in the auto mobile industry
How will you define the term management?
What is a sales tax?
what do you mean by private equity transactions?
Which banks give preference to nbet candidates?
What are the core banking applications?
What is Balance of Trade? What is Balanced Trade?
Describe the difference between being a manager and a leader and a follower?
mis & qis formats
Will I Have To Go To Court?
Explain the Bulls and Bears?
Define Memorandum of Association?
Classify the urban co-operative banks?