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Categories >> Accounting >> Accounting-AllOther
 
 
 
Question 
why share capital shown in liability side of a balance sheet
 Question Submitted By :: Guest
I also faced this Question!!     Rank Answer Posted By  
 
Answer
 
Because, the share capital shows credit balance.

Accounts showing credit balances must come under the 
liablities side of the balance sheet.
 
0
Gurumoorthy
 
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