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why share capital shown in liability side of a balance sheet
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Answer Posted / n.laksmi narayanan
share capital is shown in liability side because it ia
outsiders capital (ie) the capital collected from the
public and other institutions or banks, and the company
need to repay the money borrowed (ie credit) so obivisously
it should be shown in liability side
| Is This Answer Correct ? | 7 Yes | 4 No |
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