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 / sankeerthana
Thanks for the response.Pl also visit my site immediately.
You will be definitely immpressed with the site
sankeerthana
www.therealaccountants.com
Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
suppose we received goods from H.O.The sisterconcern received it.wat will be the entries if tge S.C.sells it from here.
What are control ledgers? What are the purposes of maintaining it?
Tell us what is the abbreviation for the accounting terms debit and credit?
Define each Flexfeild qualifiers (natural accounts, balancing acc., secondary tracking, cost center)
What are the effects of international accounting standards on accounting practices of developing nations?
Please provide me the entire format of P.F. & ESI
Sir, we have investment shares some company how to calculate gain/loss please send format brefly fifo, lifo and average method
Re: CST RATE IS 1 % IF C FORM IS RECEIVABLE. IF C FORM IS NOT RECEIVED FULL AMOUNT WHAT WILL BE THE RATE OF CST
Can you differentiate public and private accounting?
how will decide that vender payment is ok without reco
please tell me when co. owner invest money in his family members bank a/c. not any transaction came in business can we do this bank statement in tally ?
What's the accounting entry when an Invoice is created in AR?
what is the limit of cash payment in a manufacturing firm and job work related work and how much we paid to the job worker cash payment in financial year Aslam
i WANT TO KNOW WHAT IS THE INTEREST RATE IF WE CAN NOT PAY THE DEPOSIT SALE TAX AMOUNT WITH IN PERIOD
Tell me which accounting application you prefer most and why?