what are all the items comes under balancesheet(liability
side & asset side) step by step.& also trading and p&l
account. somany companies asking this type of question .
please tell me...
- 7 Answers
- 109079 Views
- IBM, IBPS, Thomson Reuters, I also Faced
- E-Mail Answers
Answer Posted / sai krishna b
Balance sheet:-
Under Liabilities:
Current Liabilities-(Bills Payable, Sundry Creditors, Bank Overdraft)
Long Term Liabilities-(Loan from Bank, Loan from Wife)
Fixed Liabilities-(Capital)
Under Assets:
Liquid Assets-(Cash in Hand, Cash at Bank)
Floating Assets-(Sundry Debtors, Investments, Bills Receivable, Stock in Trade, Prepaid Expenses)
Fixed Assets-(Plant & Machinery, Land & Building, Furniture & Fixtures, Motor Car)
Intangible Assets-(Goodwill,Patents, Copyrights, Licenses)
Fictitious Assets-(Advertisements, Misc.Expenses)
NAME:SAI KRISHNA BYRISHETTY
| Is This Answer Correct ? | 28 Yes | 8 No |
Post New Answer View All Answers
WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM
bookkeeping, and accountancy,purchase procedure , Educational institutions ;, secretarial practices, Administratire and Academic rules and regulations in Government offices, Academic institutional , computer skils. etc
Tell me what would you say are the most important qualities of an account manager?
What are accounting rules called?
What is accounting for plant assets?
I purchase a material with vat@4% and want to sale it to a bihar cliet.what will be charged as cst.Narrate me as brakewise.It is very urgent to mine.
i got a case study in which theie is a chemical company group which has 12 companies in all, few in Europe and few in USA, my question is should i have only 2 COA as per the standard like US GAAP and IFRS or should i have COA based on country location.
MEANING OF RED HERRITING
What is purchase returns accounting
What is the difference between the accrual accounting and cash accounting?
What is meant by partitioning?
Unrealised profit will be debited to ?
When we paid TDS on commission how will journal entry come
what is profit maximisation
when an amountis declared as NPA by a bank whether any interest can be debited to that account after the date it is declared as NPA ? What are the guidelines of Reserve Bank of India in this respect ?
