Why we Add the net profit in the balance sheet ? Why we
shows profit in the liability side of the balance sheet?

Answer Posted / venu

hi anshu,
no ya..that is a prfoit to the company...Then why
it is liablty....

i want some more clearnce please......

Thank u,
Venu

Is This Answer Correct ?    4 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Paid vehicle insurance of Rs 12000 on 1-1-2009. Pass entry at the of payment and also create prepaid insurance account

1554


EXPAND___________INMA

1533


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.

1870


genpact uk based shift timings? and R2R job profile?

1565


please tell me questions asked in NICMAR for the post of accounts executive

3524






as per partership firm TDS receivable at the end of goes to partners current account, but at the multinational company how pass TDS entry pass, where is it is goes

3282


How many types we are received funds in business purpose

1940


EXPAND______________ICT

1553


what is the process to return sales tax file?how can i prepared s.t. file?what should be qualification for it?

1500


what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?

1791


What are the rates of Depreciation? Like machinery items, wooden items?

1547


what are the differences between Tally and Focus?

7397


i want the difference p&l a/c and Income and expediture statement

1593


What Are The Characteristics Of Modern Accounting?

4235


after directing tally 9 to calculate interest as per 30 day option basis on a loan account.........,it still calculates interest as per calender month when checked on to display>statements of accounts>interest payable in tally 9 ...where is the error?? how to correct the function.

1856