Interested to Buy Any Domain ? << Click Here >> for more details...
why net profit will be added to the balance sheet? is there
any reason?
- 10 Answers
- 21843 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answer Posted / ziaul haq.s
Net Profit should add in liabilities side. bcoz
1.It should go to share holders
2.if we are not adding the net profit in to liabilities
then we can't equal the liabilities side into asset
side .bcoz net profit amount is there in asset side in the
form of another name.
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
objective of accounting
plz send me the apptitude question papers of wipro
how to do the finalise of account? what is the step? why we need to do like that?
what is the use of accounting standards
let me know the difference between net cash flow and income
Why do you want to work with us
what happens to each of the three primary financial statements when gross margin decreases?
What is Home Loan Modification?
what is mean by ledger
Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?
Short answer on Allowances
Expand---------MDOT
What are the objectives of accounting
please give me a last 10 years sbi clerk question and answer paper
