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Where will loss appear in Balance Sheet?

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Where will loss appear in Balance Sheet?..

Answer / subhash a.

Loss directly has no place in balance sheet.

It will appear in balance sheet only the accumulated balance
in profit & loss a/c is resulting in debit balance.
Then it will appear in right (assets) side under the group
of fictitious assets, below current assets group.

Is This Answer Correct ?    23 Yes 6 No

Where will loss appear in Balance Sheet?..

Answer / kiran kumar. r

if it is a sole proprietor concern then loss will appear in
balance sheet on liabilities side as deducted from capital

if it is a company balancesheet Assets side as P&L A/c Dr
balance.

Is This Answer Correct ?    16 Yes 0 No

Where will loss appear in Balance Sheet?..

Answer / maruthimuralidharan

Loss will appear in the Assets side of the Balance sheet under the last heading Miscellaneous Expenditure.

Is This Answer Correct ?    0 Yes 0 No

Where will loss appear in Balance Sheet?..

Answer / shweta

assets side under the head miscellaneous expenditures

Is This Answer Correct ?    1 Yes 2 No

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