Interested to Buy Any Domain ? << Click Here >> for more details...
why loss is posted on asset side in balance sheet?
- 2 Answers
- 5783 Views
- Vijaya Bank, I also Faced
- E-Mail Answers
Answer Posted / libin kulamuttom
Capital is a liability.As loss
reduses owner's capital
we can either deduct the loss
from the capital a/c in
liability side or post it on the
asset side of a balace sheet.
Both have same effect.
| Is This Answer Correct ? | 14 Yes | 4 No |
Post New Answer View All Answers
How the MIS format made up in XL.
How to group the companies in tally?
What is use of statistics in accounting?
All Interview related Questions pertaining to General Ledger,Finance & Accounts.
in Tally what is cost cenre,cost categori and why we need to prepare them
any one provide me mm & fi configration steps
BRIEF IN DETAIL REGARDING RATIOS
what is valuation code and valuation modifier in sap fico
what is service tax & excise? How will it be charged?
How to pass journal entry for payment of 20 % of outstanding income tax demand of AY 14- 15 of an company in the AY 18-19.
Tell me why do you apply for a job of an account executive?
If a transaction was missed completly how do you find it?
what is the entry of credit card received excess amount entry in tally and their under group names
What is the procedure of submit bank guarantees and cancellation.
our cheque to Arshad Khan was dishonored?
