Mention all examples of Assets and Liabilities in a Balance Sheet?
Answer Posted / sivaparvathi
Assets in balance-sheet are broadly three types
1. Fixed assets
Eg: land &building, Plant&machinery,furniture etc.
2.Current Assets:
Eg: stock, cash at hand, cash at bank,bills receivable,debtors,pre paid exp.etc.
3.Fictitious Assets:
Eg:goodwill, patents etc.
Liabilities in balance sheet are 2types:
long term liabilities:
Eg:capital,shareholder equity,debenture etc.
short term liability;
Eg:bank loans, bank od, creditors, bills payable etc.
Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
what is the difference between Tally ERP and SAP FI ECC?
What is Free Cash?
plz send me the apptitude question papers of wipro
As a fresher in oracle finance can a get a job in oracle finance n what type of questions can they ask me as a fresher...oracle finance...
I KNOW THAT INSURANCE CHARGES ON PURCHASE OF VEHILE (LIGHT/HEAVY VEHICLES)HAS BEEN CAPITALISED OR NOT.?
what is crisil?what is the advantage of crisil rating?
We are working as Merchant Exporter. My Question is can we Sale the products against 'H' Form to the Exporter after purchasing the material against 'C' Form? Or only Manufacturer can make sale against 'H' Form.
can payorder be issued for outstation?if yes then how?should it be account payee?
Clasify capital
difference between vat 47 & vat 49
What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...
why you would like to work for the our(AIRLINE) Group ???
Which document should be attached with purchse & sales invoice?
plz send me hsbs finance questions asked in the interview ans appitude also
How can retify the errors in the trial balance