Follow Our FB Page << CircleMedia.in >> for Daily Laughter. We Post Funny, Viral, Comedy Videos, Memes, Vines...


If current liabilities shown in assets side of balance
sheet.... what they did wrongly??? how can change the
liabilty side from asset side???

Answers were Sorted based on User's Feedback



If current liabilities shown in assets side of balance sheet.... what they did wrongly??? how can ..

Answer / simson1984

If cash in credit means Liabilities shown in assets side...
If cash in Debit means Liabilities automatically change...

Is This Answer Correct ?    20 Yes 23 No

If current liabilities shown in assets side of balance sheet.... what they did wrongly??? how can ..

Answer / dattatraya kusumkar

yes we can change labilities side by asset side by showing
net working capitl to the asset side. net working capital
wil compenset liabilities side because currest asset always
greater than cuttent liablilites.

Is This Answer Correct ?    6 Yes 19 No

Post New Answer

More Accounting General Interview Questions

how will you handle fairs in askening with the a high posistion person in a company? how will i develop my attitude when interviewed? am always scared.

0 Answers  


what is capital reserve

0 Answers   Accenture, Linc Pen,


Tell me the types of accounts involved in double entry book-keeping?

0 Answers  


What is the difference between cost accounting management accounting and financial accounting?

0 Answers  


1)Why closing stock or stock always a positive balance is any reason for? 2)if i am working in IT company what is my Accrual?

1 Answers   Infosys,






Tell me why did you select accounting as your profession?

0 Answers  


what is receipt and payment ?

1 Answers  


what is liability

7 Answers  


journal

2 Answers   Bank Of America,


We have bought a vehicle amounting and take a loan from bank and some part has been paid by Cash.

4 Answers  


Can you please explain the difference between differentiate between consignor and consignee?

0 Answers  


What are the different fields of accounting?

0 Answers  






Categories