why net profit is added to balance sheet, is there any
reason

Answer Posted / chandrakanth

We are getting net profit because of the capital invested
by the owner. so it is also treated capital so we have to
put Liability side in the balance sheet.

Is This Answer Correct ?    6 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

an amount deducted from the catalog price for an item of merchandise is called?

14319


What is PE ratio formula ?

1865


What is the quality of the accountant & rights ? hansika.kk@gmail.com

2616


Questions on Purchase Book & sales Book .Balance sheet , Purchase & Sales Return

1938


Please suggest the manual records needed to be maintained at NGO/CBO to record the transactions of accounts & inventory. Please also mention the need & purpose of each records/books

1848






Clasify capital

1548


Dear All, myself B.k Singh graduate with B.Com and PGDBM - Finance, I was worked with Service Company for 6 yrs.Now past 2yrs working with Real Estate,moreover I want to some course short term, plz guide me.

1611


please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam

1848


if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?

1428


HOW TO PASTE MORE THAN 8 PO'S (PURCHASE ORDER) IN MM posting?

1569


I KNOW THAT INSURANCE CHARGES ON PURCHASE OF VEHILE (LIGHT/HEAVY VEHICLES)HAS BEEN CAPITALISED OR NOT.?

1468


What is inter-corporate deposits? and where it is shown in balance sheet?

3269


HI, FREINDS, I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY ONE DOING THIS COURSE PLEASE REPLY ME.

1876


plz send me hsbs finance questions asked in the interview ans appitude also

2124


What three Specific Job Positions do you target from the Industry

1970