do you have debit and credit in balance sheet

Answer Posted / gurumoorthy

No!
Debit and credit balances are shown in Trail Balance, not
in balance sheet.
In balance sheet, assets and liabilities are shown.

Is This Answer Correct ?    2 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How Many Types of Excise Duties?

1535


what is capital market and money market? what is primary market and secondary market?

1764


EXPAND___________IMA

1636


what is Calculation of Depreciation for 4 to 5 Years?

1729


respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...

1570






WHAT TYPES OF ESSAYS ARE GIVING IN BANK OF AMERICA? CAN ANY ONE HELP ME

1391


What is fixed liabilities

1550


If income and expense both are equal then what it depicts

1528


what is cost audit?

1607


i have interview in KVB on 12-12-08. so Please send me some questions asked in previous interviews contucted by KVB?

1703


What are the benefits ofparticipation in a depository?

1581


differences between liabilities and assessts

3427


please specify some books name in preparing a bank exam apttirutude questions

1555


What is revaluation of assets.when it occurs

1642


I am going for interview in Cross domain for Finance & Accounts opening. If any one having any question paper or question that might be asked in interview pls send me on my mail id -ruchi_singh759@rediffmail.com, or here.

6355