Where will loss appear in Balance Sheet?

Question Posted / sanjay.niko

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Where will loss appear in Balance Sheet?..

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.

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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.

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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.

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Where will loss appear in Balance Sheet?..

Answer / shweta

assets side under the head miscellaneous expenditures