Interested to Buy Any Domain ? << Click Here >> for more details...
Why do balance sheet always have same total of Assets and
liabilities..??? pls ans dis...my id is
business.ankita@gmail.com
- 13 Answers
- 23152 Views
- State Bank Of India SBI, I also Faced
- E-Mail Answers
Answer Posted / lokesh babu
Hi ankita,
Here we should learn the basic concept of accounting.
In INDIA we are following double entry system because of that every debit have equal credit.
EX: company is artificial person, we are investing Rs.1,00,000 i.e in the assets side cash Rs100000 at the same side liability side Creditors/capital 100000.
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?
i have need full detail of tds rules and forms submitted dovetails
Calculate the total Depreciation for four or five Years so practice some problems on depreciation?
Why in partnership fundamental question will add Partnership salary for the year and per month salry add in the cr. Side of the p/l app a/c
what is mixed invoice, prepaid invoice,quick invoice,podefault invoice,withholding tax invoice,please explain me in detail?
What is revaluation of assets.when it occurs
what are the rules and regulations of junior accountant
why do you want to work here?
Why do you want to work with us
WHAT IS PROSPECTUS?
Difference Between Revenue & Capital Expenditure (Give an Example of each )
what is new updates in account
Expand-------ATBN
CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c
What is the complete role of a Process executive in Accounts Payable Process ? Please anyone who is an expert in the process answer my question. A reply would help me a lot.
