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 / krushna

Dear sankeerthana I had just now visited your recommended
site to Vadlakonda. As you said it is really worth
visiting.Regular visit with that site will help unemployees
seeking better jobs

Thanking you fo the suggestion.

Krishna
kopallekrishna@yahoo.in

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Mention your extra-curricular interests. Which do you actively pursue? How do you see these developing in the future?

1953


what is the new rate of c.s.t in uttraklhand

1898


1.what is the entry of petrol of payment made by credit card of owner? 2.what is the entry of petrol of payment made by credit card of Company?

882


i am normally accountant. i am not a CA. then i learn a account maintain

1377


In accounting equation what is the treatment of investment in shares??

1089






How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.

11484


Explain which account is responsible for interest payable?

813


sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?

1485


Explain things that fall under intangible asset?

652


What are the 5 basic accounting principles?

634


What is royalty reserve?

6581


if company give the purchase order worth of 10,000 (INR) in advance, but the seller only sell around 8,000 (INR)and remain ing Rs 2000 return to the company, so how to deal with this scenario in accounts payable in oracle, can u hide to me

1377


What is accounting & why it is used?

608


What is tally and its features?

682


Define bills receivable?

750