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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...
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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
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