Answer / gaurav khandelwal

VERICAL BALANCE SHEET IS REQUIRED AS PER SCHEDULE
VI ,HORIZNTOL IS VOLUNTARY

Answer / shubham khandelwal

The  important difference between vertical and horizontal balancesheet is vertical is for companies and horizontal for firms

Answer / guest

The main difference between horizontal and vertical is that
in the vertical balance sheet the firstly we have taken the
fixed asset current assets and than miscelleous expenditure
in fixed assets side and in vertical is same as reverse.

In Liability side the in vertical we have taken the current
liability and than capital and horizental the reverse is
same.

As you know any other accounting application?

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What are the elements of the accounting equation?

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Sales A/C belongs to which account type?

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IN VAT INVOICES DISCOUNT ALLOWED OR NOT

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Difference between Debit Note & Debit Memo????????

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why profit is a liability and loss is an asset?

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