Answer Posted / mazahar

you can prepare a balance in vertical and horizontal way,
Asset = liability plus share holders equity

first arrange company assets in proper way

Current asset,

Cash
Bank
stock/inventory
supplies
short term investment
other current asset

Fixed Assets

Plant and Machinery
Land & Building
Furniture & Fixture
Vehicle
Long term Investment
other Fixed Asset

Patent,website, etc

Define public accounting?

1110

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1035

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i want to know f form and how to use and how can purchase

1922

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What are the different branches of accounting?

1096

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How to pass an general entry for materials which are stored in warehouses??????

2341

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What is cotangent Account?

2087

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what are the voucher entries in tally for medical insurance

2347

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What is the fictitious assets?

1155

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Tell About ur self what will i say plz help me

2530

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What are the types of liabilities accounts?

1111

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if company having a loss consecutive last more than 2 years, Depreciation on equipment should be appear in profit and loss a/c or pass the provision entry every unless company not recover profit. Please explain.

1746

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1061

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Can anybody tell me diference between provisions of Profit and Loss account prepared as per company act & Income Tax Act?

1942

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