what is the treatment of term loan & long term debenture in
calculation of networth?

Answer Posted / afnan alam

they will not form part of net worth, hence had to be deducted from total assets........

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Does the accounting system appear to facilitate one specialty from financial, auditing, or cost managerial or tax accounting over the others?

639


Sir, we have investment shares some company how to calculate gain/loss please send format brefly fifo, lifo and average method

1565


Explain which accounting application you prefer most and why?

589


What accounts are to be debited and credited in this case o

1326


Define bills receivable?

757






can any one send me tally professional version link

1184


How create the invoices?

1589


my assessment says that I must post a dishonoured cheque in the general journal not a specialised journal how would I write that I know bank would be credited but what account would be debited???

966


What is the provision? What is the entry for provision?

605


What is the rate of penalty charged when the given Vat Cheque dishonoured?

2006


Describe a time when you have not met your goal?

643


In the balance sheet, where do you show tds?

635


What are its characteristic features of financial accounting?

757


what role did you play in collections?

634


Explain what knowledge should financial accountant have?

649