Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

In Balance Sheet Why we entered Liabilites & Incomes under
Liabilites side , Assets & Expenditures under Assets
side.In general think incomes are asssets,expenditures are
liabilites.

Answer Posted / vadlakondav

Thank you sankeerthana actually i confused regarding this
question one of my friend told me this. any way thanks for
ur reply

Is This Answer Correct ?    6 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.

35269


my brother is out of country i have lost his bank passbook when i was going to bank for the entries is their essential to take duplicate pass book can my brother is present for this.

1654


I am working in govt. sec. How to make journal entry in books for Fix Deposit

1929


Difference between depreciation according to cost principle and matching principle

2094


Explain me how much mathematics knowledge is necessary or required in accounting?

1082


Hi, we are not a VAT register and raised not VAT bill to company for signage material. they are deducting WCT @4%, can anybody help me why they are deducting WCT while i am not a VAT register vendor, as i do not cross threshold limit.

1915


What is fbt (fringe benefit tax)?

1185


What is the difference between a cash flow statement and an accural profit & loss account ? And why do simple organisations do not feel the need for a profit and loss type of statement ?

2196


Explain me by saying, perpetual or periodic inventory system; what do we mean?

1190


what are the steps for the payment cycle of the firm or company?

2068


What is the difference between depreciation and amortization?

1156


WHAT IS THE DIFFERENCE BETWEEN ESTIMATED BALANCE SHEET & PROJECTED BALANCE SHHET

8750


Tell us what is your proudest accomplishment?

1212


What are the differences between accounting and auditing?

1197


How to pass journal entry of gifts purchased for employee by using campany ATM card

1441