Interested to Buy Any Domain ? << Click Here >> for more details...
why the profit of a company is shown on the liabilities side
in the balance sheet
- 4 Answers
- 7042 Views
- I also Faced
- E-Mail Answers
Answer Posted / ketaki
Owners invested funds in business to generate income
source. So its liability of business to give retruns on
amt. invested by owner in forms of capital. So it shows
liability side of balance sheet.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
HI FRNDS THIS IS NARESH I DONE MBA (FINANCE)IN 2011. AND I DID COMPLETE SAP FICO.I WANT TO DO START CAREER WITH SAP FICO PLZ TELL ME PLZ HAVE ANY INTERVIEW AS FRESHER IN HYD OR PLZ SEND THIS MAIL...NAINALA.NARESH@GMAIL.COM
Ours is a technology firm. We got a contract of 1 lac. It is payable at the end of the contract. How you will recognize revenue?
Tell me what is ledger?
What are the functions of manger -accounts and manager-finance?
If i pay for general expense (and party provide me gst details) through credit card then how i can enter party details
What does the abbreviation m mean in accounting?
Tell me what happens to company's “cash account” if it borrows money from the bank by signing a note payable?
Is an "account receivable" and "goodwill" real accounts in accounting?
What do you mean by balancing of ledger account?
how to see reoprt of miro booking in SAP FI
What are negative postings?What are Credit memos ?Payment Requests ?
What do we mean by purchase return in accounting?
Where should tds received should show in balance sheet?
When Iam entering sales in Tally ERP 9, It Is not reflecting in the stock, Why itt is happends like this ? I entered sales with delivery note Number, So think that is because it is not reflecting in Stocks, and when iam checking in the stocks its saying negative stock
Where a cash discount should be recorded in a journal entry?
