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...


what is the process of correcting the balance sheet of the
company?if the balance of balance sheet are not equal.



what is the process of correcting the balance sheet of the company?if the balance of balance sheet..

Answer / nagalakshmi.k

ans:balance sheet means tally or equal both sides balances
of assets and liabities side.If entering of all assets and
liabilities the balance of balance sheets are not equal
then the remaining balance are converted or transferred
into surplus or deficit. If the balance is not equal in
assest side the balance shows as surplus and the
liabilities balance are shown as deficit.

Is This Answer Correct ?    17 Yes 10 No

Post New Answer

More Accounting General Interview Questions

DIFFERENCES BETWEEN MANAGEMENT ACCONTING AND FINACIAL ACCOUNTIG

1 Answers   EXL, Wipro,


If we don't use Contra Book, instead which book is to be operated CASH BOOK or BANK BANK for: e.g.Cash withdrawl from Bank or Cash deposited in Bank

1 Answers  


.........method of stock valuation considered the purchase price of stock which intered the godown last. 1)fifo 2)lifo 3)weight average 4)all the above methoed chose the correct answer?

1 Answers  


What was your average accounts receivable days outstanding/days sales outstanding?

0 Answers  


HOW WE MADE ENTRY OF SURCHARGE ON VAT PURCHASE IN PUNJAB

0 Answers  


I Want to Submit My Income tax return by efilling Personally,Can it possible. if yes please send me your help to submit the same.I Can calculate my computation of income.

1 Answers  


what is accounting

5 Answers  


Sanjay Ltd invited applications from the public for the issue of 10,000 equity shares of Rs. 10 each at a premium of 20%, payable Rs. 3 on application; Rs. 5 on allotment including premium and the balance in two calls of an equal amount. Applications for 15,000 equity shares were received. The directors allotted 10,000 shares to all the applicants on pro-rata basis adjusting the excess application money towards allotment. All money due on allotment and calls were received. Give journal entries to record the above transactions in the books of the company. Also show the balance sheet.

2 Answers   Ignou,


what are the adjustment entries?

2 Answers   emc2,


who will appoint first board of director of the company

1 Answers  


What is the objective of the balance sheet?

0 Answers  


you have get 100RS but no 10RS note is required & there should be only 10 notes

2 Answers  


Categories