Interested to Buy Any Domain ? << Click Here >> for more details...
why profits are shown as liability and loss as asset in
balance sheet?
- 5 Answers
- 12895 Views
- I also Faced
- E-Mail Answers
Answer Posted / giri
Profits are liability for the company because shareholders
are having the right on those profits. So, it is shown in
the assets sides of B/s. But loss can be shown as the
assets side of the B/s if we can capitalise those losses in
future years or If we are unable to reduce the paid-up
capital as per MOA then we show losses in the asset side.
| Is This Answer Correct ? | 10 Yes | 4 No |
Post New Answer View All Answers
plz send me the apptitude question papers of wipro
Ledger Is The Principle Book Of Accounts In Business. Do You Agree For It. Comment On Your Confirmation?
EXPAND___________NBW
Difference Between Revenue & Capital Expenditure (Give an Example of each )
Hi any one send me the configuration steps for make to order and make to stock in sap .send to my mail id c.sujatha2008@gmail.com
what is organic profit? and how it is calculated?
What is mean by Reserve on Consolidation?
How do the standards assist the users of financial report?
how i got knowledge about custom and excise i want rate list of custome and excise how we summit return of custom and excise , Is it include with ser. tax
what is undisclosed profit? explain
Depreciation method to using Indian company names
what is circuit filter?
joint venture?
What Is Depreciation, and from which date do we charge Depreciation for an asset ?
INTE3RNATIONAL ACCOUNTING STD
