how to prepare balance sheet

Answer Posted / richa

first we make 4 columns and after that choose items from
list what is liabilities and what is assets if balance
sheet is match it is right

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Why do you want to be an accountant?

639


is it related to b.com syllabus or puc syllabus

1912


while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?

2880


WHAT IS CORE ACCOUNTING, GROUP CONSOLIDATION ? CONSOLIDATED ENTRY. COULD YOU GIVE ME AN EXAMPLE

13478


salary entry with briefly including pf,esi,employee advances -journal entry with against payment entry

1133






what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?

1492


Explain me what is assets minus liabilities?

609


rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.

1620


Explain miscellaneous expenditures & profit and loss account debit balance

607


Explain what is involved in the process of double-entry accounting?

1859


What is the disadvantage of double entry system?

636


Please help me with the accounts head for the below ledgers for e.g. for Salary A\c - Indirect Expenses is the account head in tally. what is the account head for below ledgers. Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary Payable A/c Dr. xxx To Cash / Bank A/c xxx

2301


what is the impact of bank garantee of rs 100000 on cash flow statement which has been expired...& impact on bank reconcilation statement

1722


over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured

2291


Tell me what is an over accrual?

605