capital is a assets but its shows in liability side. why?

11 Answers  

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What other careers are you considering?

0 Answers  

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how is suspense a/c treated after it has been shown in the trail balance ?

2 Answers  

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What is cash profit

2 Answers   Capital IQ,

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How we can transfer stock from our punjab firm to our chandigarh firm

2 Answers   Infosys,

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WHAT IS THE ROLE OF BANK CERTIFICATE OF EXPORT AND REALISATION IN EXPORT HOUSE? PLEASE TELL ME WITH DETAIL AND ITS PROCISSOR?

1 Answers  

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Is it mandatory for the employees staff of a School, if so give details

0 Answers   TATA,

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export sales contract and domestic sales contract? india's trade in commercial services?

0 Answers  

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How is the accounting for hire purchase transactions done?

0 Answers  

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Sold goods to Gasha 600 by cash

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M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances

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What are control ledgers? What are the purposes of maintaining it?

0 Answers  

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