Interested to Buy Any Domain ? << Click Here >> for more details...
net worth is:
1)total assets less outside liabilities
2)total liabilities plus owner equity
3) current assets less current liabilities
4) total accumulated profit less liabilities
choose correct and with deatail.
- 3 Answers
- 30640 Views
- I also Faced
- E-Mail Answers
Answer Posted / manish
total asset less o/s liablity( option '1' ) is correct.
| Is This Answer Correct ? | 23 Yes | 5 No |
Post New Answer View All Answers
How do you prepare a balance sheet from a trial balance?
if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.
Have you ever made mis reports and what are they?
Sir, I want to know about Entry Tax. I purchased the Packing Box from other state.the entry tax on the packing items is 5 %.but now sale tax deptt. close the entry tax on barrier. the tax will be deposited with return. sir we want to know can i deposit this entry taxon on CST challan or not. if not then how can i deposit, or which cloumn in return shown this amount. please send the return format my mail ID is happynlg@gmail.com
What is the difference of cost accounting and financial accounting?
Tell me whether the account “cash” will be credited or debited, when a company pays a bill?
Explain me by saying, perpetual or periodic inventory system; what do we mean?
WHAT ARE THE LIMITATIONS FACING ACCOUNT CONCEPTS AND CONVENTIONS?
what is wct ? who take its benefit? e.g. we are works contractor, we are liable to take its benefit or not..
cost of lease=20,000.refundable deposits 2000 (after 4 years).annuity value for 4 years @5% is .2820.find the net charge to p&l a/c
Can anybody tell me diference between provisions of Profit and Loss account prepared as per company act & Income Tax Act?
A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.
which report give the data of GL with materials details in sap?
Cheque Received From Customer What is accounting entry and in which vocher. coustomer order is 100 items . 5 items given to customer cost rs 2000 5 items Total 2000 and remaing 95 items not deliveried 100000 Cheque Received
what is "goodwill" reserve and surplus and reserve with example
