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
Answer / simson1984
If cash in credit means Liabilities shown in assets side...
If cash in Debit means Liabilities automatically change...
Is This Answer Correct ? | 21 Yes | 23 No |
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 |
What is the meaning of Journal Voucher? when u have to use this transaction tell me breif?
Given the following entries from a TRIAL balance, what entries would fall where in a Balance Sheet & an Income Statement? Accounts receivables Merchandized inventory stores supplies office supplies prepaid insurance accumulated Dep accounts payable sales salaries advertising expense Miscellaneous expense Office salaries expense rent expense Depreciation expense Insurance expense Bad debts expense Allowance for doubtful debts Supplies expense
What is the present Central sales tax rate in India? Also let me know the maxium and minium sales tax rate in India. If the VAT rate changed of any state what will be the impact of CST.
Tell me what is trial balance in accounting?
I would like to know about advance payments to creditor & advance received from debtors in Tally ERP 9. For example, what are the ledgers should I create & what are the steps ? And please inform me what vouchers should I use for advances, for example ( payments, receipts and journal). Thank you.
what is the eatery for the prepaid expenses Eg: prepaid rent
have you ever been involved in an invoice dispute? How did you manage the problem?
you have get 100RS but no 10RS note is required & there should be only 10 notes
The main financial accounting statements?
Cash in hand-5000,Cash at bank-4000, Bill receivable- 3000,Bills payable-5000,Bank loan-6000.Calculate total liability of the firm?
how to maintain the capital account
why do we add the net profit in the balance sheet