Interested to Buy Any Domain ? << Click Here >> for more details...
Describe the Balance Sheet?
- 2 Answers
- 7491 Views
- Cognizant, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / anil sheoran
Balance Sheet is the statement of company's all assets and liabilities. Its a statement of financial position of the company. We shows all the liabilities on the left hand side and all the assets on the right hand side.One can know the financial position of any company by examining the balance sheet.
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / shaik suraj
balance sheet is prepared to know the financial position
of the business .
balance sheet is prepared after trading & p&l a/c.
the assets &liabilities will be shown in "t"form assets
on right side liabilities on left side.
it is astatement of assets &liabilities.
| Is This Answer Correct ? | 2 Yes | 0 No |
f-form is issued for transfer of good.is issued on purchsing amount or sale amount on which tax is paid.
Account for letter of credit in the books?
What is suspence a\c? why it should not transferred to the balance sheet?
explain circumstances under which dissolution of solvent and insolvent partners are applicable using garners v/s murray rule
A is vendor of B. B owes him 50000/-. A asked B to conduct an event on his behalf and the expenses incurred by B was 25000/-. A issued a credit note in favour of B in full , stating that TDS done @10% on 25000/-. Now , B has to settle A's balance. 1.Entries in the books of B 2.How much B repaid to A for settlement and the Entry in his books.
how many types of currencies are there in oracle r12
Explain about SEC
In the General Ledger.. When putting discounts, you put discounts on the DR side for Creditors and Discounts on the CR for Debitors.. Which side does discount go on for the rest of the accounts such as Purchases, M Dog, L Shirt, and L Dress?
What is the difference between ledger and journal?
When we received payment from creditors
RPC Ltd. follows the written down value method of depreciating machinery year after year due to (a) Comparability. (b) Convenience. (c) Consistency. (d) All of the above
What is a accounting entries for entering a invoice
Audit 
