ALLInterview.com :: Home Page            
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   ERRORS new
   Refer this Site  Refer This Site to Your Friends  Site Map  Bookmark this Site  Set it as your HomePage  Contact Us     Login  |  Sign Up                      
Google
   
 
Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1899)
 Accounting General interview questions  Accounting General Interview Questions (2810)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4360)
Question
where we posted capital ac in sole trader balance sheet and 
why?
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
Capital Account is posted in Liabilities of Balance Sheet

We Treat Sole Trader and Business Different

When we are doing accounts we have to do accounts in
Business Point of view not for SOle Trader

When we are receiving amount from SOle Trader we treat it
as Liability.

In Business Point of View We are taking Loan from Sole
Trader.
 
Is This Answer Correct ?    8 Yes 2 No
A.madhu Sudhan Rao
 
Answer
# 2
Capital a/c posted in the liabilities side of balance sheet
because it is a liability of the busines.
 
Is This Answer Correct ?    0 Yes 0 No
R.k.singhal
 
 
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
Give some reasons for disagreement of the balances between cash and pass book. Franklin-Templeton 2
What is Bank Reconcilation Statement? IBM 12
expand------SSRT   1
what is exact entry for cash receipts and cash payments? did sales n purchases invoices are issued to this receipts n payments? BoA 4
what is t.d.s   1
for life insurance company, premium received from client is an asset or a liability. ITC-Infotech 1
Expand---------GMT   1
contiagent liabilty Genpact 5
Expand ________EHTP   2
I KNOW THAT INSURANCE CHARGES ON PURCHASE OF VEHILE (LIGHT/HEAVY VEHICLES)HAS BEEN CAPITALISED OR NOT.   1
Expand---------ABCDE   5
TDS is for claming purpose or for filing purpose.   8
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 


   
Copyright Policy  |  Terms of Service  |  Articles  |  Site Map  |  RSS Site Map  |  Contact Us
   
Copyright 2013  ALLInterview.com.  All Rights Reserved.

ALLInterview.com   ::  KalAajKal.com