Where we transfer loss in Balance Sheet?

Answer Posted / sirisha

Asset side we will Transfer the Loss. Loss is an asset to
company and profit is Liability.

Is This Answer Correct ?    15 Yes 28 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What was key roles of Cashflow statement and Fund flow statement and Balnsheet..?

1811


reason for difference in Balance sheet (Asset side & Liabilites side)

1564


1.how can carry forward the balance of ledgers to the next financial year in tally erp 9

1392


What is ABC Analysis in industrial function. hw can it s maintain ?

1761


Short Answer on __________Leverage

1594






what are the types of provisions that you would make for the end of a financial year?explain

1492


What is revaluation of assets.when it occurs

1644


Questions asked for the post of Manager (Finance) in a Public Sector company Subject of group discussions for the post of Manager (Finance) in a Public Sector company

1700


how to do the finalise of account? what is the step? why we need to do like that?

1575


EXPAND______________ICT

1553


Short Answer on _________Commerce

1418


what is a depository?

2342


please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).

1944


WHAT IS THE DIFFERENCE BETWEEN SEND FOR APPROVAL (WITHOUT PARKING) AND ASSIGNMENT CORRECT IN MYSAP FI POSTING?

1620


wht can u do for the growth of bhel?

1544