why share capital shown in liability side of a balance sheet

Answer Posted / sitaram sawant

share capital is basically capital contributed from public
and they hv share on that particular company to the extent
capital contributed by them. it's not company's own
capital, it contribution from public or partners. that why
it is come under liability side

Is This Answer Correct ?    19 Yes 15 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the entry for goods sent from one factory to another under inter branch transfer sale of the same compny and what should be the valuation for this purpose?

1591


Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?

1605


can we get all interview questions with answers in tally 9 which mostly asked in MNC's.

1911


Short Answer on __________Accrued interest

1413


Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it

1458






My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?

1643


HI, FREINDS, I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY ONE DOING THIS COURSE PLEASE REPLY ME.

1874


Short Answer on ______Budget

1544


Expand---------PCDB

1591


Is depreciation a expense or income?

1237


Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1471


what is the difference between speculation & investment?

1747


What elements of your job do you find most difficult

5211


2Create a program that accepts a number and output its equivalent in words (maximum input number is 3000). for example Enter a number: 1380 one thousand three hundred eighty

1491


plz tell me the finance questions asked in hsbc latest question asked in hsbc?

1535