Answer / pravin kamble

Liabilities :- All the things for which we are suppose to
pay to sombody.

Asset :- All the the things for which we made investment &
we are receiving direct or indirect income.

Answer / urvashi sharma

assets are that things comapany owns

liability are that part of balance sheet which tells how
much a company has to payments

Answer / piramu

Liability means what are the source we are collect the fund
(fe)shares, Debenture, Loan from bank
we have to pay the moneny from the business income
the contributers will get the income by way of interest,
profit (who invest share's they are called owener)


Assets means how we are using the fund
where wear we invest the fund in order to effective utilse
the fund - through this only we can run the business and
get the profit

Answer / prof

assets are assets and others are liabilities

what is the difference between an invoice and bill?

2 Answers  

---

In which we will use Annuity depreciation method?

1 Answers  

---

where to show Preliminary expenses except "Statement of changes in working capital" in Fund flow statement?

1 Answers  

---

What is standing order

1 Answers   Capital IQ,

---

Suppose a person is paid @ Rs.1 Lac Per Month for 2 months by the Owner/Director prior to the Company's incorporation for Managerial work and that person continues to work with the Company . Is the Director liable to deduct TDS on his Employee's Salary before incorporation also? And when the Company is incorporated after 2 months, Is it possible to show this expenses as Pre-incorporation Expenses?.What would be treatment for Salary Paid and TDS Deducted when the Company is incorporated? How will we give TDS Certificate to the Employee at the end of the Financial Year?

1 Answers   TCS,

---

TDs Return in Excel format

2 Answers  

---

Can you send me advertisement format for lost of E-1 form. kindly do the needful urgently. Thanks AP

0 Answers  

---

what is prudence

2 Answers  

---

What do you mean by material facts in accounting?

0 Answers  

---

what is the difference between accounts and finance ?

5 Answers   ABC, CA,

---

i am normally accountant. i am not a CA. then i learn a account maintain

0 Answers   Airtel, State Bank of Mysore SBM,

---

What is bank reconcilation a/c

6 Answers   Accenture, Genpact,

---