how to prepare balance sheet pls tell me?
Answers were Sorted based on User's Feedback
Answer / mahesh hk
Firstly you need to pass journal entry and you need to post
it in ledger and after that with the help of journal entry
you need to prepare the Trading Account and profit and loss
account and Next step is to prepare profit and loss
appropriation account. Then you can entry the Asset on the
right hand side and then liablity to be left hand side of
Balance sheet.
| Is This Answer Correct ? | 6 Yes | 0 No |
MAKE A TRIAL BALANCE AND POSTED ALL ENTRIES ACCORDING DR.
OR CR. AND FIRST MAKE A TRADING A/C AND P&L A/C THEN AFTER
PROFIT OR LOSS WHO IS RECEIVED TRANSFER IN THE CAPITAL A/C
AND PREPARE A BALANCE SHEET ACCORDING TO TRIAL BALANCE ONE
SIDE LIABILITIES AND OTHER SIDE ASSETS
U CAN TRY AND U MAKE IT
| Is This Answer Correct ? | 5 Yes | 2 No |
Tell us what is your proudest accomplishment?
What is balance sheet and off balance sheet?
Dear sir Per Day Maximum Cash payment for Limited company in India
Dear Sir I had already export to dubai. now I am to know that can I enter this sale entry in RG1. pls guide me.
You are a B.E Student? How can u manage Banking?
1) XYZ Ltd bought goods for Rs.200000 from ABC Ltd. The co gave 10% discount. give journal entries in the books of ABC Ltd and XYZ Ltd. 2) Goods bought for Rs.400000. While transporting goods destroyed. Insurance co agreed to pay 75%. post journal entries.
Three goals you wish to achieve in the next 5 years
What do you mean by Bill of Exchnage.How to manage ? Explain
How to transefer data from tally 9.0 to excel to do simuntennis
What is vat adjustment?
Difference between outstanding income and accrued income?
Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?