Capital is asset of the company. But why does it appear in
Liability side of the balance sheet.
Answer Posted / shreeram
balance sheet is shown exact financial position of the
company, capital are invested by owners of the company,
according to acconting principle ,owners and business are
separate entities(business entity concept), that is the
reason it's shown in liabilities side because its payable
after maturity period
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Expand---------TDCB
what is budgetory control and what are the types
What is the defination of job costing, batch costing and contract costing?
What is money measurement concept
---------is the main or principle book of accounts
distinquish between liquidity ratio and asset management ratio
Expand---------DBPC
Dear Sir/Madam, Executive Trainee...Finance I had been called for NTPC Group discussion and GD please guide me for getting success in GD and interview...
What is meant by consignment
wHAT ARE EVENTS
income from depreciated asset is profit or loss?
Meaning of portfolio management?
Short Answer on __________Revenue
What are the Types of invoices batching? & what is 3 way batch?
why should we are preparing BRS