An estimate of assets and liabilities on a given date
a)Balance sheet b)statement of affairs c)statement of
assets d) statement of liabilities
Answer Posted / narsimha
balance sheet
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
how can we get a leaverage in intraday market if are not a professional acount holder?
How the Depreciation will calculate in Company?
Tell me what is the equation for acid-test ratio in accounting?
please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.
Contrast bookkeeping and accounting
what is a register when referring to accounting or bookkeeping?
While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated
For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?
WHAT IS ACCOUNTING HEAD FOR TRADE FINANCE? I HAVE PAID 49268 FOR TRADE FINANCE.WHERE SHOULD I TAKE IN TALLY
Can you name any other accounting application?
Is the shadow balance present in bank account always credited or bank may reverse it as well?
Can you name different branches of accounting?
my brother is out of country i have lost his bank passbook when i was going to bank for the entries is their essential to take duplicate pass book can my brother is present for this.
Explain compound journal entry.
can we change date in tally.erp s/w in educational mode ?