Answer Posted / murali royal
If it is Net loss then we have to deduct from capital at
Liabilities side in the balance sheet.
If it is Loss on sale of an asset then we have to deduct from
the appropriate asset at assets side of balance sheet.
| Is This Answer Correct ? | 67 Yes | 6 No |
Post New Answer View All Answers
Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it
Harpithas due Rs 55000 was settled infull by taking Haris due Rs 12500 in adjustment Pass necessary entry
When is proposed divided a current Liability and when is it non-current liability? Why is it in the list of Current Capital Accounts?
if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?
Define Salry for the following purpose 1.To calculate HRA
Feature of Master letter of credit of Garments manufacturing company?
if jj form not cancelled within 1hour,wat to do
Hi Iam Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Officer's post. Please help me I f u can. thanx in advance
How can i prepare MIS report for Finance?
genpact uk based shift timings? and R2R job profile?
Expand---------BPCD
what is composition vat
What is pre-paid amount? What is post-paid amount? Explain received in advance? Explain paid in advance?
what is the meaning of Processing Vendor/Employee payments
what is data entry? what is report generation ?in accounting how it is used .