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...

Why always Balance Sheet Tally?

Answer Posted / kasthuri

Every asset we are purchasing, there must be some source.
Sources are therefore equal to funds used.
The asset purchased is from some or othere source,nothing
but capital.
Therefore assets are equal to liabilitiess.
It's just like expenses are equal to incomes, ofcourse
without savings.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

after payment of interest of a loan account by using credit note voucher in tally 9........don't anyone thinks that we have to adjust the cash account by passing cr entry on journal for interest payment...

1942


I have been interview in next week my posting is accounts officer i have be manage with AP,AR,BRS and GL what Books i have read.

1961


Expand ________FOR

2133


What is the difference between Deffered Tax Assets & Deffered Tax Liabilities

2164


Hi...At present am doing my second year B.Com.I want to do Chartered accountant.Could you send me the details such as when i can start this course,levels of course,proceudre to start( training and prerequirement if any)?And also do let me know is it possible to start from madurai.Note: I wanted to start by regular classes not by distant education. Thanks in avance.

1955


For the production of 10,000 units the following are the budgeting expenses: Per Unit Rs. Direct materials 60 Direct labour 30 Variable overhead 25 Fixed overhead (Rs.1,50,000) 15 Selling expenses (10% fixed) 15 Variable expenses (direct) 5 Administrative expenses (Rs.50,000 fixed) 5 Distribution expenses (20% fixed) 5 Total cost of sales per unit 160 Prepare the flexible budget for the production of 6,000 , 7,000 ,and 8,000 units of production

2885


I want to know how to get Appeared to the examination of State bank of India. And how can i find the question Book Series.

2031


All shot cut key use in the tally software & it's uses

2010


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

1935


Expand-------CSNA

1954


Short Answer on ___________fluctuating capital

1972


How can a shopkeeper maintain the daily data in tally

4126


What do you mean Business

2203


plz tell me the finance questions asked in hsbc latest question asked in hsbc?

2050


Expand DEHM

1893