Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Why Reserves and Surplus are shown on the liabilities side of
the balance sheet.? justify your answer.

Answer Posted / nilesh

reserve and surplus are shown liabilities side because the
percentage of net profit portion is keep aside for further
losses due to whatever so that time this portion profit
which is used in losses.

Is This Answer Correct ?    10 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Private purchases amounting to rs 5000 have been debited to purchases account

1541


6. Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

2329


i want to know f form and how to use and how can purchase

1921


What is your greatest achievement and why?

1044


What we have to post entry for payroll processing ? (Indian payroll)

2669


Define and distinguish between flexible and floating exchange rate system. What kind of exchange rate system does china have?

3830


how many times we can deposit the old currency in one a/c in the bank

2229


Tell me what is the master account?

1231


Tell me the types of accounts involved in double entry book-keeping?

1155


what are the different types of expenditures considered for the purpose of accounting?

1110


how to finalised the Balance sheet & profit & loss A/C

2375


my question is I am finance student I want to know which type of the question are asked by the interwier in interview.

2036


Write about the media role in daily life

2177


accounting principles, accounting concepts,meaning of managment and financial accounting and cost accounting.

2244


what is t code of journal voucher report with amount?

2282