why share capital shown in liability side of a balance sheet

Answer Posted / amit

it must be on liabilities side of balance sheet because we are liable to pay this amount ......when business dissolved
we are liable to pay this amount to public.....so it appears on balance sheet

Is This Answer Correct ?    7 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

is indian bank or canara bank CBS brach?

1622


what is balancesheet adjustment a/c. what is the use of this a/c in sap fico

2071


WHAT IS THE DIFFERENCE BETWEEN SEND FOR APPROVAL (WITHOUT PARKING) AND ASSIGNMENT CORRECT IN MYSAP FI POSTING?

1619


Upto what age PF will be deducted for an employee? And what age he is eligible to gratuity?

1445


What is the Purpose of Preparing Bank Reconciliation Statement?

1608






EXPAND______________ICT

1553


what is a meaning of track record in tally software when we maintain the inventory entry what is role of track record

1800


why you want to join the banking and finance industry?

4233


what s BSPL and its significance?

3620


WHAT WILL BE THE ACCOUNTING ENTRIES IN THE BOOKS IN CASE OF A COMPANY HAVING ITS SHARE CAPITAL WHEN A NEW COMPANY (LTD OR (P) LTD) IS FORMED ?

1649


.,can someone tell me how to compute the subscribed capital share?

1830


Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the 5th year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% p.a. At the end of the 5th Year the securities were sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.pass the journal entries and show the ledger accounts

1575


how to download online - old ECR CHALLANS

4419


what are the different causes for discrepencybetween the balance of cash book and pass book

1471


Short Answer on __________Accrued interest

1413