capital is a assets but its shows in liability side. why?
Answer Posted / sampath
liablity side are coming Capital -Drawings,equity
shares,prefrence shares,loans,current liabiltes creditors
(Short term)
Assets Side are coming Fixed assets,Cureent Assets Detors
Cash in hand ,bank in hand ,loans&advances
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Explain me the difference between accounting and auditing?
1. Why do wish to study in canada in the program for which you have been accepted? 2. What is your overall education goal? 3. Why are you pursuing a similar program in your country of residence/citizenship? 4. What research have you done into studies in your country of residence/citizenship? 5. How will this program enchance your employment opportunities in your country of residence? please send me all possible answer i hope your answer will help me a lot...
explain the relevance of closing stock account in trading a/c when preparing the gross profit?
PROVIDENT FUND TO BE CALCULATED ON BASIC AFTER DEDUCTION OF ABSENTS (LOP)
what are voucher entries for EPF treatment in tally
what's the difference between impress cash account and petty cash account
What is the entry for provision?
What is the dual aspect concept?
What is meant by public accounting?
What is the logic behind this entry P & L Appropriation A/c ..........Dr. To Provision for income tax A/c
What is an Automatic Payment Program ?
what is tribal area allowance means
Do you know what is a cpa?
List out some of the examples for liability accounts?
What is a ledger? What do you mean by ledger posting?